Last checked at 24 Sep 2019 13:38
24 September 2019
Versarien plc
("Versarien" or the "Company")
Result of AGM
Versarien Plc (AIM: VRS), the advanced materials engineering group, is pleased to confirm that at the Company's Annual General Meeting held today, all resolutions put to shareholders were duly passed.
Enquiries:
Versarien Neill Ricketts, CEO Chris Leigh, CFO
| +44 (0)1242 269122
|
Canaccord Genuity (Nominated Adviser and Joint Broker) Bobbie Hilliam
| +44 (0)20 7523 8000 |
Berenberg (Joint Broker) Mark Whitmore Simon Cardron
| +44 (0) 20 3207 7800 |
IFC Advisory (Financial PR and IR) Tim Metcalfe Graham Herring Florence Chandler
| +44 (0)20 3934 6630 |
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 six subsidiaries operating under two divisions:
Graphene and Plastics
2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com
AAC Cyroma Limited, 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 Limited, supplies novel inks based on graphene and related materials, using patented processes to develop graphene materials technology. www.cambridgegraphene.com
Gnanomat S.L. ("GNA"), based in the Parque Cientifico Madrid, Spain, is a company capable of utilising Versarien's graphene products in an environmentally friendly, scalable production process for energy storage devices that offer high power density, almost instant recharging and very long lifetimes for use in electrical vehicles and portable electronics products. www.gnanomat.com
Hard Wear and Metallic Products
Versarien Technologies Limited has developed an additive process for creating advanced micro-porous metals targeting the thermal management industry and supplies extruded aluminium. www.versarien-technologies.co.uk
Total Carbide Limited, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com