Versarien PLC Exercise of Options (5920K)
15 December 2018 - 4:14AM
UK Regulatory
TIDMVRS
RNS Number : 5920K
Versarien PLC
14 December 2018
Versarien plc
("Versarien" or the "Company")
Exercise of Options
Versarien plc (AIM: VRS), the advanced materials engineering
group, announces that it has issued 88,120 ordinary shares of 1
pence each in the Company ("Ordinary Shares") following the
exercise of 88,120 options at 39 pence per share by a member of the
Company's staff, under the Company's share option schemes.
Application will be made for the 88,120 new Ordinary Shares to
be admitted to trading on AIM, which is expected to take place on
or around 21 December 2018. The new Ordinary Shares will rank pari
passu with the existing Ordinary Shares in issue.
Total Voting Rights
Following the issue of the new Ordinary Shares, the Company will
have 153,624,320 ordinary shares of 1 pence each in issue. No
Ordinary Shares are held in treasury. The figure of 153,624,320 may
be used by the Company's shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Enquiries:
Versarien
Neill Ricketts, CEO
Chris Leigh, CFO 01242 269 122
Arden Partners (Nominated Adviser and Broker)
John Llewellyn-Lloyd
Dan Gee-Summons 020 7614 5900
IFC Advisory (Financial PR and IR)
Tim Metcalfe
Graham Herring
Heather Armstrong 020 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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