Versarien PLC Appointment of Director (9289D)

TIDMVRS

RNS Number : 9289D

Versarien PLC

01 July 2019

1 July 2019

Versarien plc

("Versarien" or the "Company")

Appointment of Director

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that Susan Bowen has been appointed as a non-executive director of the Company, with immediate effect.

Susan is an experienced business leader with over 20 years of operational experience in the technology sector. She is currently President and CEO of Cogeco Peer 1, a Canadian headquartered company providing managed IT services, where she is responsible for providing leadership and direction for the company globally, with a strong focus on helping customers scale their business. She is also a non-executive director of JISC, a membership organisation providing digital solutions for UK education and research and a member of the techUK membership, finance and performance board. Prior to joining Cogeco Peer 1 in 2016, she spent 17 years at Hewlett Packard, latterly as Chief of Staff UK and Ireland and formerly as Director of Strategy in the UK and Ireland.

Commenting on the appointment Neill Ricketts, CEO of Versarien, said: "We are delighted to welcome Susan Bowen to the Versarien board. She brings strong digital, commercial and people management skills gained from her current and previous transformational roles.

"In particular Susan has significant experience in business scale up and we look forward to utilising her skills and experience as Versarien progresses its graphene commercialisation strategy."

The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Susan Bowen, aged 45:

 
 Current Directorships                     Previous Directorships (last 
                                            5 years) 
 Cogeco Peer 1 (UK) Ltd                    N/A 
  JISC 
  Tech Talent Charter Community Interest 
  Company 
                                          =============================

Susan Bowen holds no ordinary shares in the capital of the Company.

Save as disclosed above there are no additional disclosures to be made in accordance with Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

Enquiries:

 
 Versarien 
  Neill Ricketts, CEO            +44 (0)1242 269 
  Chris Leigh, CFO                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

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