Holding(s) in Company

RNS Number : 6287I

Versarien PLC

02 April 2020

 

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	[phone]
SP Angel Corporate Finance (Nominated Adviser and Joint Broker) Ewan Leggat, Soltan Tagiev	[phone]

Berenberg (Joint Broker) Mark Whitmore, Simon Cardron

[phone]

Yellow Jersey (Investor Relations)  Charles Goodwin Georgia Colkin Henry Wilkinson

[phone]

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)	Price(s) Volume(s) Not applicable 15,250,000
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

 

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