TIDMVRS
RNS Number : 2643W
Versarien PLC
15 April 2019
15 April 2019
Versarien plc
("Versarien" or the "Company")
Director/PDMR Shareholding
Versarien plc (AIM: VRS), the advanced materials engineering
group, was notified on 15 April 2019 that Neill Ricketts, the
Company's CEO, exercised options over 307,970 ordinary shares of 1
pence each in the Company ("Ordinary Shares") at an exercise price
of 29 pence, under the Company's share option schemes.
Application has been made for the new Ordinary Shares to be
admitted to trading on AIM, which is expected to take place on 24
April 2019. The new Ordinary Shares will rank, pari passu, with the
existing Ordinary Shares in issue.
Following this exercise of options Mr Ricketts notified the
Company that he sold 307,970 Ordinary Shares at a price of 136.1
pence per Ordinary Share on 15 April 2019.
Following the transactions outlined above Mr Ricketts' interest
in the share capital of the Company remains at a total of
15,250,000 Ordinary Shares representing 9.91 per cent. of the
Company's issued share capital enlarged pursuant to the exercise of
options. Mr Ricketts is interested in options over a further
6,039,021 Ordinary Shares.
Total Voting Rights
Following the issue of the new Ordinary Shares, the Company will
have 153,932,290 ordinary shares of 1 pence each in issue. No
Ordinary Shares are held in treasury. The figure of 153,932,290 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 +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
The information below, set out in accordance with the
requirements of the EU Market Abuse Regulation, provides further
detail.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Neill Ricketts
---------------------------------- -----------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
---------------------------------- -----------------------------------
b) Initial notification/ Initial Notification
Amendment
---------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Versarien plc
---------------------------------- -----------------------------------
b) LEI 213800D6NZED7V8W2Z34
---------------------------------- -----------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------
a) Description of the Ordinary shares of 1p each
financial instrument,
type of instrument GB00B8YZTJ80
Identification code
---------------------------------- -----------------------------------
b) Nature of the transaction Exercise of options
---------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
29p 307,970
==========
---------------------------------- -----------------------------------
d) Aggregated information
- Aggregated volume 307,970
- Price GBP89,311
---------------------------------- -----------------------------------
e) Date of the transaction 15 April 2019
---------------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange, AIM
---------------------------------- -----------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Neill Ricketts
------------------------------- --------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------- --------------------------------------
b) Initial notification/ Initial Notification
Amendment
------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a) Name Versarien plc
------------------------------- --------------------------------------
b) LEI 213800D6NZED7V8W2Z34
------------------------------- --------------------------------------
4 Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii)
each date; and (iv) each place where transactions have been
conducted
-----------------------------------------------------------------------
a) Description of the Ordinary shares of 1p each
financial instrument,
type of instrument GB00B8YZTJ80
Identification code
------------------------------- --------------------------------------
b) Nature of the transaction Sale of exercised option shares
------------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
136.1p 307,970
==========
------------------------------- --------------------------------------
d) Aggregated information N/A single transaction
- Aggregated volume
- Price
------------------------------- --------------------------------------
e) Date of the transaction 15 April 2019
------------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------- --------------------------------------
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
DSHEAKLSFSPNEFF
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April 15, 2019 13:03 ET (17:03 GMT)
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