Versarien PLC Update on Legal Claims
18 July 2024 - 4:00PM
RNS Regulatory News
RNS Number : 8399W
Versarien PLC
18 July 2024
18 July 2024
Versarien plc
("Versarien" or the
"Company")
Update on Legal Claims
Further to its announcement dated 7 February
2024, Versarien plc (AIM: VRS), the advanced materials engineering
group, has received correspondence from the Employment Tribunal
that owing to a lack of judicial resources, the preliminary hearing
for case management scheduled for 17 July 2024 has been postponed
and will be re-listed for the next available date.
As stated in the Company's Annual Report 2023,
due to the early stages and legal advice received around expected
outcomes, it has been agreed that no provision for any liability is
required regarding this legal claim.
Further announcements will be made following
the outcome of the preliminary hearing for case
management.
For further
information please contact:
|
Versarien
Stephen Hodge, Chief Executive
Officer
Chris Leigh, Chief Financial Officer
|
c/o IFC
|
|
SP Angel
Corporate Finance (Nominated Adviser and Broker)
Matthew Johnson, Adam Cowl
|
+44 (0)20 3470 0470
|
|
IFC Advisory
Limited (Financial PR and Investor Relations)
Tim Metcalfe, Zach Cohen
|
+44 (0) 20 3934 6630
|
About
Versarien:
The strategy of Versarien plc (AIM:VRS) is to be
a development led advanced materials company focussed on specific
sectors that will lead to a manufacturing-light and licensing
model.
For further information please
see: http://www.versarien.com
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END
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