Versarien PLC Change of Substantial Shareholding (3865D)
February 18 2020 - 11:15AM
UK Regulatory
TIDMVRS
RNS Number : 3865D
Versarien PLC
18 February 2020
18 February 2020
Versarien plc
("Versarien" or the "Company")
Change of Substantial Shareholding
Versarien plc (AIM: VRS), the advanced materials engineering
group, disclosed the interest of William Battrick in 4,801,974
ordinary shares of the Company, representing 3.23% of the ordinary
share capital of the Company, on 31 July 2018, following
notification from Mr Battrick.
The Company subsequently received an independent third-party
shareholder register analysis in early January 2019, which
indicated that William Battrick ceased to have a notifiable
interest in the share capital of the Company between 28 September
2018 and 31 December 2018. Versarien's Rule 26 website was updated
on 9 January 2019 to reflect that Mr Battrick appeared to no longer
have a notifiable interest in the share capital of the Company.
Versarien received notification yesterday from Mr Battrick that
he no longer has any notifiable interest in the share capital of
the Company.
The Company has no further information to disclose pursuant to
Rule 17 and Schedule Five of the AIM Rules for Companies in respect
of any dealings by the above mentioned shareholder in the ordinary
share capital of Versarien.
Going forward, Versarien intends to announce a summary of any
independent third-party shareholder register analysis, should such
analysis identify any potential changes to disclosable shareholder
interests.
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO +44 (0)1242 269 122
SP Angel Corporate Finance (Nominated
Adviser and Joint Broker)
Ewan Leggat
Soltan Tagiev +44 (0)20 3470 0470
Berenberg (Joint Broker)
Mark Whitmore
Simon Cardron +44 (0)20 3207 7800
Yellow Jersey (Investor Relations)
Charles Goodwin
Georgia Colkin
Henry Wilkinson +44 (0)20 3004 9512
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 seven subsidiaries operating under two
divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation
and early stage development of graphene products. 2-DTech is based
at the Graphene Innovation Engineering Centre, a GBP60 million
facility set up to work in collaboration with industry partners to
create, test and optimise new concepts for the delivery of graphene
to the market. 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 has
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,
fast recharging and very long lifetimes for use in electrical
vehicles and portable electronics products. www.gnanomat.com
Versarien Graphene Inc - based in Texas, is the recently
incorporated sales business for the UK's graphene products.
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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