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Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 0.079
Bid: 0.075
Ask: 0.079
Change: -0.008 (-9.41%)
Spread: 0.004 (5.333%)
Open: 0.0858
High: 0.0858
Low: 0.075
Prev. Close: 0.085
VRS Live PriceLast checked at -

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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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1 Jul 2020 19:00

IN BRIEF: Versarien Awarded GBP5 Million For Graphene Project

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Versarien delays FY results due to Covid-19

(Sharecast News) - Advanced materials engineering group Versarien said on Wednesday that its full-year results had been delayed until August as a result of the Covid-19 pandemic and associated lockdowns.

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19 Jun 2020 16:02

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19 Jun 2020 08:57

Versarien taps James Stewart for chairman role

(Sharecast News) - Advanced materials engineering group Versarien appointed James Stewart to the role of non-executive chairman on Friday, with immediate effect.

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28 Apr 2020 16:20

Versarien subsidiary 2-DTech gets grant from Advanced Propulsion Centre

(Sharecast News) - Advanced materials engineering company Versarien announced on Tuesday that its subsidiary, 2-DTech, has been awarded a grant of up to ?104,000 from the Advanced Propulsion Centre (APC).

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24 Apr 2020 18:05

Rolls-Royce Partners With Versarien's 2-DTech On Aerospace Engines

Rolls-Royce Partners With Versarien's 2-DTech On Aerospace Engines

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23 Apr 2020 16:20

Versarien subsidiary chosen for Rolls-Royce collaboration

(Sharecast News) - Advanced materials engineering company Versarien announced on Thursday that, following an open innovation call, multinational engineering company Rolls-Royce had chosen to work with the University of Manchester's 'Graphene Engineering Innovation Centre' (GEIC) and its tier 1 partner, Versarien subsidiary 2-DTech.

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25 Mar 2020 14:59

Versarien Inks China Materials Joint Venture Deal With Young-Graphene

Versarien Inks China Materials Joint Venture Deal With Young-Graphene

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23 Mar 2020 18:24

Versarien Raises GBP6 Million From US Investor Lanstead Capital

Versarien Raises GBP6 Million From US Investor Lanstead Capital

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23 Mar 2020 15:43

Versarien enters ?6m subscription agreement with Lanstead Capital

(Sharecast News) - Advanced materials engineering company Versarien has entered into a ?6m subscription agreement with Lanstead Capital Investors, a US managed institutional investor, together with a related sharing agreement, it announced on Monday.

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28 Feb 2020 18:45

Versarien Unveils New Shareholder Communication Tool

Versarien Unveils New Shareholder Communication Tool

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10 Feb 2020 12:55

Versarien reassures shareholders after share price fall

(Sharecast News) - Advanced materials engineering company Versarien updated the market on the recent reduction in its share price on Monday, saying it was not aware of any material basis for the decline.

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10 Feb 2020 09:22

Versarien Unaware Of Material Reason Behind Share Price Fall

Versarien Unaware Of Material Reason Behind Share Price Fall

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21 Jan 2020 13:13

Versarien Makes Progress On Developing US Graphene Operations

Versarien Makes Progress On Developing US Graphene Operations

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18 Dec 2019 12:50

Versarien Joins Graphene Technology Project Run By Airbus

Versarien Joins Graphene Technology Project Run By Airbus

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