Last checked at 12 Jun 2018 07:00
12 June 2018
Versarien plc
("Versarien" or the "Company")
Director/PDMR Shareholding
Versarien plc (AIM: VRS), the advanced materials engineering group, announces that Neill Ricketts, the Company's Chief Executive Officer, has notified the Company that on 11 June 2018 he sold 403,720 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 121 pence per Ordinary Share.
Following this transaction, further detailed below, Mr Ricketts' interest in the share capital of the Company is now 15,250,000 Ordinary Shares, representing 10.26 per cent. of the Company's issued share capital. Mr Ricketts is further interested in 2,626,614 options exercisable at 15 pence per share and 1,050,761 options exercisable at 29 pence per share.
Enquiries:
Versarien Neill Ricketts, CEO Chris Leigh, CFO | 01242 269 122 |
Arden Partners (Nominated Adviser and Broker) Chris Hardie Dan Gee-Summons | 020 7614 5900 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Heather Armstrong
| 020 3934 6630 |
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 | Neill Ricketts | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
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 | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
403,720 £487,617.44 | ||||
e) | Date of the transaction | 11 June 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||