Versarien PLC Extension of DIT Secondment
March 29 2019 - 3:02AM
RNS Non-Regulatory
TIDMVRS
Versarien PLC
29 March 2019
29 March 2019
Versarien plc
("Versarien" or the "Company")
Extension of DIT Secondment
Versarien plc (AIM: VRS), the advanced materials engineering
group, is pleased to announce that Matt Walker, who has been on
secondment to the Company since May 2018 from the UK Government's
Department for International Trade ("DIT"), has had his secondment
extended for a further year to May 2020.
The DTI have agreed that given Matt's contribution to
Versarien's overseas investment ambitions, in particular in China
and South Korea, existing collaborations and overall furtherment of
Versarien's international business it is appropriate that his
secondment is extended.
Neill Ricketts, CEO of Versarien, commented: "We are delighted
that the DIT have agreed to extend Matt's secondment for a further
year. Matt has already provided a significant contribution to
Versarien, particularly with regard to our activities in Asia and
with a number of our collaboration partners. We look forward to
continuing to benefit from his skills and experience as we further
process our international business.
"I would like to express my sincere thanks to the Department for
International Trade and the UK Government more widely for their
continued support, and in particular their faith in Versarien
through continuing to second such a senior resource."
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
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END
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