Versarien PLC Appointment of New Head of US Operations (7000D)
June 27 2019 - 9:33AM
UK Regulatory
TIDMVRS
RNS Number : 7000D
Versarien PLC
27 June 2019
27 June 2019
Versarien plc
("Versarien" or the "Company")
Appointment of New Head of US Operations
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that Brian Berney has been appointed
as President North American Operations at Versarien Graphene Inc
("VGI") with effect from 1 July 2019.
Mr Berney is a British born and educated engineer, who has
worked in the US for the past 39 years. Previously he was President
and CEO of Dynavolt Technologies Inc, the US division of Chinese
company Guangdong Dynavolt Renewable Energy Technology Co., Ltd
("Dynavolt"), a position he has held for the last three years.
Dynavolt is a leading speciality battery manufacturer.
Prior to joining Dynavolt, Mr. Berney held a variety of senior
engineering, sales and marketing and management positions in the
automotive and aerospace technology sector, including with Mahle,
Dover Corporation and Lacy Diversified Industries.
Mr Berney will lead Versarien's activities in North America and
will report to Neill Ricketts, CEO. Mr Berney is not considered by
the Company to be a person discharging managerial responsibilities
as set out in Article 3(1)(25) of the Market Abuse Regulation
(MAR).
Patrick Abbott, Vice President North American Operations, has
left his employment at VGI with immediate effect in order to
concentrate on his upcoming court case.
The Company will provide a further update on developments at VGI
as part of its preliminary results for the financial year ended 31
March 2019.
Neill Ricketts, CEO of Versarien plc, commented: "We are very
pleased to welcome Brian Berney to Versarien. Brian brings many
years experience working in the automotive and aerospace sectors,
the vast majority of that time in North America. His wide-ranging
skills and experience are ideally suited to the opportunities both
secured and emerging for Versarien in the US market."
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
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCSEFFDWFUSEDM
(END) Dow Jones Newswires
June 27, 2019 09:33 ET (13:33 GMT)
Versarien (LSE:VRS)
Historical Stock Chart
From Jul 2024 to Aug 2024
Versarien (LSE:VRS)
Historical Stock Chart
From Aug 2023 to Aug 2024