Last checked at 22 Sep 2017 13:11
22 September 2017
Versarien plc
("Versarien" or the "Company")
Director Share Purchase
Versarien plc (AIM: VRS), the advanced materials engineering group, has been notified that Christopher Leigh, Chief Financial Officer (via his Self-invested Personal Pension) has today purchased 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at 14.89 pence per share for a total consideration of £22,335.
Following this market purchase, Mr Leigh's interest in the share capital of the Company has increased to a total of 315,000 Ordinary Shares representing 0.24 per cent. of the Company's issued share capital.
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 | Christopher Leigh |
2 | Reason for the notification | |
a) | Position/status | Chief Financial Officer and Director |
b) | Initial notification/ Amendment | Initial Notification |
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 financial instrument, type of instrument Identification code | Ordinary shares of 1p each
GB00B8YZTJ80 |
b) | Nature of the transaction | Market purchase |
c) | Price(s) and volume(s) | 14.89 pence, 150,000 Ordinary Shares |
d) | Aggregated information - Aggregated volume - Price |
150,0000 £22,335 |
e) | Date of the transaction | 22 September 2017 |
f) | Place of the transaction | London Stock Exchange, AIM |
Enquiries:
Versarien 01242 269 122
Neill Ricketts, CEO
Chris Leigh, CFO
WH Ireland (Nominated Advisor) 0117 945 3470
Mike Coe / Ed Allsopp
IFC Advisory (Financial PR and IR) 0203 053 8671
Tim Metcalfe
Graham Herring
Heather Armstrong
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 five subsidiaries operating under two divisions:
Thermal and Hard Wear Products
Versarien Technologies Ltd. which owns the exclusive rights to a patent-protected additive process for creating advanced micro-porous metals targeting the thermal management industry and manufactures extruded aluminium heat sinks for the electronics and computing industries. www.versarien-technologies.co.uk
Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com
ACC Cyroma Ltd, 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 Ltd, which supplies novel inks based on graphene and related materials, using patented processes and develops graphene materials technology for licensing to manufacturers. www.cambridgegraphene.com