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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: 0.098
Bid: 0.098
Ask: 0.1045
Change: 0.00175 (1.76%)
Spread: 0.0065 (6.633%)
Open: 0.1045
High: 0.1045
Low: 0.098
Prev. Close: 0.0995
VRS Live PriceLast checked at -

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IN BRIEF: Versarien finishes construction of project using 3D printing

Mon, 06th Mar 2023 12:09

Versarien PLC - Cheltenham, England-based engineering materials company - Completes the construction phase of a civil engineering project using 3D printing. Says it has been working with a subsidiary of Costain Group PLC to develop designs for a 3D printed concrete headwall for use in highway construction projects. This is part of the Digital Roads of the Future Partnership, which is a collaboration led by the University of Cambridge, Costain and National Highways, of which Versarien is a partner. Versarien says the constructed headwall is due "for delivery and installation on one of Costain's projects for National Highways shortly".

Chief Executive Officer Neill Ricketts says: "We are delighted to have partnered with Costain to produce this innovative structure that we believe provides significant benefits over those produced using traditional manufacturing techniques."

Costain is a Maidenhead, England-based infrastructure construction firm.

Current stock price: 5.70 pence each, up 1.2% on Monday around midday in London

12-month change: down 75%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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IN BRIEF: Former Versarien CEO Ricketts takes firm to court

Versarien PLC - Cheltenham, England-based engineering materials company - Says it has received "various unquantified claims" under the Employment Rights Act 1996 against the company. The claims were made by former chief executive Neill Ricketts. A preliminary hearing for case management has been scheduled for July 17.

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