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Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

London Stock Exchange
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Share Price: 0.09
Bid: 0.088
Ask: 0.0918
Change: -0.0021 (-2.28%)
Spread: 0.0038 (4.318%)
Open: 0.0988
High: 0.0988
Low: 0.088
Prev. Close: 0.0921
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AIM WINNERS & LOSERS: Versarien shares plunge as CEO resigns

Fri, 10th Mar 2023 10:42

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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Ixico PLC, up 5.4% at 24.25 pence, 12-month range 22.1p-45p. The precision analytics company wins contract worth GBP700,000, from a biotech company, and new client, to provide MRI imaging services for a dementia treatment trial. The company says it will provide the services for patient selection and efficacy analysis in patients with a rare form of dementia. Ixico adds that the trial, which is expected to last for four years, is set to use an innovative gene therapy approach. The company's IXIQ.Ai platform, which will be used as part of the contract, enables the measurement of brain volumetry with an increase sensitivity compared with other tools.

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AIM - LOSERS

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Aferian PLC, down 41% at 35.4p, 12-month range 26.6p-146p. The business-to-business video streaming company says challenges from its Amino division are likely to mean its annual revenue and adjusted earnings before interest, tax, depreciation and amortisation are "substantially below" previous expectations. Amino connects Pay TV to streaming service. Aferian says some Amino customers have delayed their orders of new streaming devices, to run down their existing inventory. "This trend has continued longer than we expected and device sales in the first half have been materially lower than anticipated," Aferian explains.

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Versarien PLC, down 33% at 17% at 3.38p, 12-month range 2.2p-25.9p. The engineering materials company announces the resignation of its Neill Ricketts, its chief executive officer. Says it is considering the "appropriate longer term management structure" and will update in due course. Last month, the firm said the current macro-economic conditions have delayed the commercialisation it had been expecting, and hinted at the potential need for a fundraise.

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Bonhill Group PLC, down 21% at 5.5p, 12-month range 3p-8.5p. The media company, specialising in business information, events and data analytics says the non-binding USD6.5 billion cash offer for its InvestmentNews business was materially lowered, ending the exclusivity period granted to the buyer. Receives a separate non-binding offer from another US media buyer of USD4.1 million, as well as an agreement for the buyer to assume InvestmentNews' obligations under its office lease until January 2028. The lease has a value of around USD1.9 million. Expects to sign a conditional agreement with the potential buyer, and publish a circular containing details of a proposed tender offer, subject to the completion of due diligence.

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By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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4 Oct 2018 08:54

Versarien Hires Representative In South Korea To Expand Graphene Unit

LONDON (Alliance News) - Versarien PLC on Thursday said it appointed Rachel Yeong-Mee Kim as its local representative in South Korea.Yeong-Mee Kim has a background in research, journalism a

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25 Sep 2018 13:29

Versarien Snaps Up Holding In Spanish Firm Gnanomat For GBP2.6 Million

LONDON (Alliance News) - Versarien PLC on Tuesday said it is to acquire a 62% stake in Spanish firm Gnanomat SL for GBP2.6 million.Madrid-based Gnanomat, the firm said, can use graphene in

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24 Sep 2018 11:52

Versarien Encouraged After Strong Response To Open Offer (ALLISS)

LONDON (Alliance News) - Advanced materials firm Versarien PLC on Monday said its open offer, in which it raised GBP5.2 million, had a "very strong" response from announced the offer on

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21 Sep 2018 17:50

Versarien To Raise GBP3 Million To Fund Stake Buy In Spanish Firm (ALLISS)

LONDON (Alliance News) - Versarien PLC, a engineering materials group, said that it will raise up to GBP2.9 million via issue and allotment of 2 million new ordinary shares at 145 pence per share,

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18 Sep 2018 16:18

UK Shareholder Meetings Calendar - Next 7 Days

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29 Aug 2018 12:31

Versarien To Promote UK Government's "Exporting Is GREAT" Campaign

LONDON (Alliance News) - Advanced materials engineering group Versarien PLC said Wednesday it partnered with the UK department for International Trade to promote a campaign encouraging UK to sell

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24 Aug 2018 09:29

Versarien to collaborate with AECOM on construction materials project

(Sharecast News) - Engineering group Versarien said it had agreed a construction materials collaboration with infrastructure firm AECOM.

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20 Aug 2018 09:30

Versarien inks collaboration agreement with South Korean materials firm

(Sharecast News) - Versarien has entered into a collaboration agreement with material solutions firm AXIA Materials to develop graphene-enhanced composite materials and smart devices using its nanoplatelets and graphene inks.

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15 Aug 2018 11:03

Versarien Hires Another UK Government Executive For China Expansion

LONDON (Alliance News) - Graphene products manufacturer Versarien PLC said Wednesday it has hired a senior UK government employee to oversee the company's planned expansion into Jay, head of a

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15 Aug 2018 09:20

Versarien's China expansion boosted by further govt employee secondment

(Sharecast News) - Advanced materials engineering group Versarien on Wednesday saw a second Department for International Trade (DIT) secondee join its ranks.

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2 Aug 2018 14:18

Versarien signs collaboration with 'prominent' sporting goods brand

(Sharecast News) - Advanced materials engineering group Versarien has signed a collaboration with an unnamed "prominent" global sports and fashion goods manufacturer, it announced on Thursday.

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19 Jul 2018 12:06

Versarien Outlook Optimistic As Annual Loss Narrows On Higher Revenue

LONDON (Alliance News) - Versarien PLC on Thursday reported a narrowed loss in its financial year 2018 as revenue grew on progress made across the company's core divisions.The materials

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2 Jul 2018 11:19

Versarien Makes "Significant Advancement" In Battery Storage Devices

LONDON (Alliance News) - Advanced materials engineering group Versarien PLC said Monday it made "significant advances" through its collaboration with Warwick Manufacturing Group to its a

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12 Jun 2018 13:07

DIRECTOR DEALINGS: Versarien Chief Executive Sells 403,720 Shares

LONDON (Alliance News) - Versarien PLC said Tuesday that Chief Executive Officer Neill Ricketts sold 403,720 shares in the company.Ricketts sold the shares at 121 pence each for an value of

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30 Apr 2018 12:18

Versarien To Develop Graphene-Enhanced Plastics With Luxus

LONDON (Alliance News) - Graphene maker Versarien PLC said Monday it signed a deal to develop a polymer UK supply chain to produce graphene-enhanced plastics with Luxus Ltd.Versarien signed

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