5 Jan 2018 11:05
5 January 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 4 January 2017 he sold the 250,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), that he acquired through the exercise of share options in December 2017, at a price of 61.5 pence per Ordinary Share.
Following this transaction, further detailed below, Mr Ricketts' interest in the share capital of the Company is now 15,375,000 Ordinary Shares, representing 10.36 per cent. of the Company's issued share capital. Mr Ricketts is further interested in 278,720 options exercisable at 12.25 pence per share together with 2,626,614 options exercisable at 15 pence per share and 1,050,761 options exercisable at 29 pence per share.
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
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 exercised options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
250,000 £153,750 | ||||
e) | Date of the transaction | 4 January 2018 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Versarien (VRS)