Versarien PLC Appointment of BEIS Secondee
February 26 2019 - 2:02AM
RNS Non-Regulatory
TIDMVRS
Versarien PLC
26 February 2019
26 February 2019
Versarien plc
("Versarien" or the "Company")
Appointment of BEIS Secondee
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that Yi Luo is joining Versarien on
secondment from the UK Government's Department for Business, Energy
& Industrial Strategy ("BEIS") as Deputy Head of International
Strategy and Government Relations. Yi will replace Peter Jay who is
returning to the Department for International Trade ("DIT") to take
up a new senior role.
Yi will be focussed on progressing the Company's international
expansion, particularly in China, working alongside Matt Walker who
has been on secondment to Versarien from the DIT since May
2018.
Yi read Natural Sciences at Cambridge University, majoring in
chemistry, and is completing her PhD in organic chemistry at
University College London, alongside her work for the UK
Government. Her previous roles in Government have included working
with the DIT's London and Devolved Administrations teams, where she
provided analytical insights to help achieve foreign direct
investment targets. Following this, she was a Private Secretary for
ex-BEIS Minister Lord Prior, covering technology, rail and
materials. Her most recent role was as a Senior Policy Adviser for
the BEIS Future Sectors team, where she led the team's
international portfolio, pushing forward the Government's robotics
and drones agenda, and was responsible for publishing the
artificial intelligence sector deal as part of the Government's
industrial strategy to put the UK at the forefront of the AI and
data-driven economy.
Neill Ricketts, CEO of Versarien, commented: "I would like to
thank Peter for his significant contribution to Versarien over the
last six months, particularly in relation to the development of our
business in China. During that period we have made substantial
progress in China through entering into partnerships with a number
of leading manufacturers across a variety of sectors, together with
securing formal relationships with Chinese provincial government
bodies.
"I look forward to Versarien benefiting from Yi's skills and
experience to help further progress both our existing Chinese
relationships and others that we are discussing. I would again like
to thank the BEIS and DIT for their support and I am confident that
Versarien's plans in China and globally will contribute to DIT's
goal of ensuring there is an economic benefit to the UK from our
overseas activities."
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO +44 (0)1242 269 122
Canaccord Genuity (Nominated
Adviser and Broker)
Bobbie Hilliam
Emma Gabriel +44 (0)20 7523 8000
IFC Advisory (Financial PR
and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong +44(0)20 3934 6630
About Versarien
Versarien plc (AIM:VRS), is an advanced engineering materials
group. Leveraging proprietary technology, the Group creates
innovative engineering solutions for its clients in a diverse range
of industries. Versarien has six subsidiaries operating under two
divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation
and early stage development of graphene products.
www.2-dtech.com
AAC Cyroma Limited, which specialises in the supply of
vacuum-formed and injection-moulded products to the automotive,
construction, utilities and retail industry sectors. Using
Versarien's existing graphene manufacturing capabilities, AAC will
have the ability to produce graphene-enhanced plastic products.
www.aaccyroma.co.uk
Cambridge Graphene Limited, supplies novel inks based on
graphene and related materials, using patented processes to develop
graphene materials technology.
www.cambridgegraphene.com
Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid,
Spain, is a company capable of utilising Versarien's graphene
products in an environmentally friendly, scalable production
process for energy storage devices that offer high power density,
almost instant recharging and very long lifetimes for use in
electrical vehicles and portable electronics
products.www.gnanomat.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process
for creating advanced micro-porous metals targeting the thermal
management industry and supplies extruded aluminium.
www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered
tungsten carbide for applications in arduous environments such as
the oil and gas industry. www.totalcarbide.com
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END
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