We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Versarien Plc | AQSE:VRS.GB | Aquis Stock Exchange | Ordinary Share | GB00B8YZTJ80 | Ordinary shares |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.002 | -5.00% | 0.038 | 0.028 | 0.048 | 0.04 | 0.0295 | 0.04 | 10,000,000 | 10:40:57 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMVRS
RNS Number : 2717Z
Versarien PLC
10 January 2024
10 January 2024
Versarien Plc
("Versarien" or the "Company")
Result of General Meeting
Versarien Plc (AIM: VRS), the advanced materials engineering group, is pleased to confirm that at the Company's General Meeting held earlier today, all resolutions were duly passed . Full details of the resolutions are set out in the Notice of General Meeting dated 20 December 2023 and available on the Company's website at: https://www.versarien.com/investors/reports-and-presentations/
The proxy votes cast were as follows:
Resolution For Against Abstain 1 - to sub-divide each Existing Ordinary Share into one New Ordinary Share and one New Deferred Share 22,939,297 93.25% 1,661,734 6.75% 303,606 ----------- ------ ---------- ----- ---------- 2 - a special resolution to alter the Articles to allow for the issue of New Deferred Shares by including provisions relating to the rights and restrictions attached to the New Deferred Shares 22,992,555 93.78% 1,524,588 6.22% 387,494 ----------- ------ ---------- ----- ---------- 3 - to grant the directors authority to allot up to 992,339,000 New Ordinary Shares 22,754,233 93.16% 1,670,424 6.84% 479,980 ----------- ------ ---------- ----- ---------- 4 - a special resolution to grant the directors authority to allot up to 992,339,000 New Ordinary Shares for cash without first offering them to existing shareholders 22,530,861 92.30% 1,880,416 7.70% 493,360 ----------- ------ ---------- ----- ----------
Share Capital Reorganisation
Following the passing of the resolutions at the General Meeting, each of the Company's 496,169,507 Existing Ordinary Shares will be sub-divided into one New Ordinary Share of 0.01p (the "New Ordinary Shares") and one deferred share of 0.09p ("New Deferred Shares"). The New Deferred Shares will have little economic value as they will not carry any rights to vote or dividend rights, although the New Deferred Shares will rank pari passu with the New Ordinary Shares on a return of capital or on a winding up of the Company.
Admission to AIM and Total Voting Rights
Dealings on AIM in the Existing Ordinary Shares is expected to cease at the close of business on 10 January 2024. Application has been made for the admission of 496,169,507 New Ordinary Shares to trading on AIM ("Admission") and it is expected that Admission will take place and that trading in the New Ordinary Shares will commence at 8.00 a.m. on or around 11 January 2024. No application will be made for admission of the New Deferred Shares to trading on AIM nor will any such application be made to any other exchange.
Following Admission, there will be a total of 496,169,507 New Ordinary Shares, with voting rights, in issue. The Company does not hold any shares in treasury. Consequently, 496,169,507 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Unless otherwise indicated, all defined terms in this announcement shall have the same meaning as described in the Company's announcement dated 20 December 2023 and the Circular which was posted to shareholders on the same day.
For further information please contact:
Versarien c/o IFC Stephen Hodge, Chief Executive Officer Chris Leigh, Chief Financial Officer SP Angel Corporate Finance (Nominated Adviser and Broker) +44 (0)20 3470 Matthew Johnson, Adam Cowl 0470 IFC Advisory Limited (Financial PR and Investor Relations) +44 (0) 20 3934 Tim Metcalfe, Zach Cohen 6630 For further information please see : http://www.versarien.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
ROMGPURPGUPCGGU
(END) Dow Jones Newswires
January 10, 2024 06:30 ET (11:30 GMT)
1 Year Versarien Chart |
1 Month Versarien Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions