Director/PDMR Shareholding

RNS Number : 6198M

Versarien PLC

22 January 2021

 

22 January 2021

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 21 January 2021 he sold 1,650,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares"), at a price of 53.919 pence per Ordinary Share pursuant to a financial commitment related to his divorce settlement.

Following this transaction, further detailed in the disclosure table below, Mr Ricketts' interest in the share capital of the Company is now 13,600,000 Ordinary Shares, representing 7.16 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, 742,790 options exercisable at 29 pence per share and 2,669,616 options exercisable at 152 pence per share.

Enquiries:

Versarien Neill Ricketts, CEO Chris Leigh, CFO	[phone]
SP Angel Corporate Finance (Nominated Adviser and Joint Broker) Matthew Johnson, Ewan Leggat, Adam Cowl	[phone]
Berenberg (Joint Broker) Mark Whitmore, Simon Cardron	[phone]
Yellow Jersey (Investor Relations)  Charles Goodwin Georgia Colkin Henry Wilkinson [e-mail]	[phone]

Notes to Editors:

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.

For further information please see:  http://www.versarien.com  

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them. 

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) 53.919p  1,650,000
d)	Aggregated information - Aggregated volume - Price	1,650,000 £889,663.50
e)	Date of the transaction	21 January 2021
f)	Place of the transaction	London Stock Exchange, AIM

 

END

 

 

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