Last checked at 2 Apr 2020 15:32
2 April 2020
Versarien plc
("Versarien", the "Company" or the "Group")
Holdings in Company
Versarien plc (AIM: VRS), the advanced materials engineering group, would like to announce that following the Subscription and Sharing Agreement announced on 23 March 2020 and the associated increase in the total voting rights of the Company, Neill Ricketts, Chairman and CEO of Versarien, is now interested in 8.99% of the outstanding share capital of the Company. Neill Ricketts's overall beneficial interest in the ordinary share capital of Versarien remains unchanged at 15,250,000 ordinary shares of the Company.
Enquiries:
Versarien Neill Ricketts, CEO Chris Leigh, CFO
| +44 (0)1242 269 122 |
SP Angel Corporate Finance (Nominated Adviser and Joint Broker) Ewan Leggat, Soltan Tagiev | +44 (0)20 3470 0470 |
Berenberg (Joint Broker) Mark Whitmore, Simon Cardron | +44 (0) 20 3207 7800 |
Yellow Jersey (Investor Relations) Charles Goodwin Georgia Colkin Henry Wilkinson | +44 (0)20 3004 9512 |
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 | Chairman and 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 | No transaction by the PDMR has taken place - the notification was made as a result of a change in the total voting rights of the Company | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
15,250,000 Not applicable - No transaction has taken place | ||||
e) | Date of the transaction | Not applicable - No transaction has taken place | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||