Director/PDMR Shareholding

RNS Number : 0305R

Versarien PLC

12 June 2018

 

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)	Price(s) Volume(s) 121 pence per share 403,720
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

 

END

 

 

DSHEAKKFFFAPEFF