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Pin to quick picksVersarien Share News (VRS)

Share Price Information for Versarien (VRS)

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Share Price: 0.098
Bid: 0.099
Ask: 0.10
Change: -0.00175 (-1.73%)
Spread: 0.001 (1.01%)
Open: 0.098
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Low: 0.098
Prev. Close: 0.10125
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Versarien inks funding agreement for Chinese manufacturing centre

Mon, 19th Nov 2018 08:36

(Sharecast News) - Engineering outfit Versarien has entered into a memorandum of understanding with Jinan High-tech Financial Investment with regards to the AIM-listed firm's ongoing plans to establish a manufacturing centre in China's Shandong Province.Versarien and JHFI's deal will cover the duo's plans to establish a joint venture for the manufacture and sale of Versarien's Graphinks and other related graphene products in Jinan.JFHI will provide funding for the venture.Looking forward, chief executive Neill Ricketts, said: "It is not intended that this will be our sole base in China, as the Chinese opportunity is so large, but our planned venture in Jinan is intended to form the centre of the Qilu Graphene Valley and pave the way to Versarien establishing a world-class base in the Asian region""We are continuing detailed discussions with a number of other parties in China and assessing opportunities in other countries across the world. It is important for us to have facilities close to manufacturing centres worldwide and we will continue to pursue this strategy."As of 0835 GMT, Versarien shares had climbed 7.15% to 131.26p.
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Versarien sells South Korean plant, licenses patents

(Sharecast News) - Versarien announced on Monday that it had finalised an agreement with MCK Tech to sell its plant and equipment in South Korea for £0.6m.

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11 Mar 2024 11:22

Versarien sells South Korea plant and equipment, agrees licence deal

(Alliance News) - Versarien PLC on Monday said it agreed its plant and equipment in South Korea for GBP604,000 to MCK Tech Co Ltd, alongside exclusive licence deal with MCK Tech for the use of five patents.

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7 Feb 2024 11:44

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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19 Jan 2024 11:56

Versarien raises £0.4m to progress growing pipeline

(Sharecast News) - Advanced materials engineer Versarien has raised £0.4m, it announced on Friday, to help it with its growing pipeline of opportunities.

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Versarien raises GBP400,000 as asset sale discussions continue

(Alliance News) - Versarien PLC on Friday said it has raised GBP400,000 through a placing, as the company looks to capitalise on pipeline opportunities.

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