Versarien PLC Director/PDMR Shareholding (5932R)

TIDMVRS

RNS Number : 5932R

Versarien PLC

22 September 2017

22 September 2017

Versarien plc

("Versarien" or the "Company")

Director Share Purchase

Versarien plc (AIM: VRS), the advanced materials engineering group, has been notified that Christopher Leigh, Chief Financial Officer (via his Self-invested Personal Pension) has today purchased 150,000 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at 14.89 pence per share for a total consideration of GBP22,335.

Following this market purchase, Mr Leigh's interest in the share capital of the Company has increased to a total of 315,000 Ordinary Shares representing 0.24 per cent. of the Company's issued share capital.

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                       Christopher Leigh 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chief Financial Officer and 
                                  Director 
---  -------------------------  ------------------------------ 
 b)   Initial notification/      Initial Notification 
       Amendment 
---  -------------------------  ------------------------------ 
 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             Ordinary shares of 1p each 
       the financial 
       instrument, type           GB00B8YZTJ80 
       of instrument 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              Market purchase 
       transaction 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)     14.89 pence, 150,000 Ordinary 
                                  Shares 
---  -------------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume         150,0000 
       - Price                     GBP22,335 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    22 September 2017 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  ------------------------------ 
 

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

About Versarien

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. Versarien has five subsidiaries operating under two divisions:

Thermal and Hard Wear Products

Versarien Technologies Ltd. which owns the exclusive rights to a patent-protected additive process for creating advanced micro-porous metals targeting the thermal management industry and manufactures extruded aluminium heat sinks for the electronics and computing industries. www.versarien-technologies.co.uk

Total Carbide Ltd, a leading manufacturer in sintered tungsten carbide for applications in arduous environments such as the oil and gas industry. www.totalcarbide.com

Graphene and Plastics

2-DTech Ltd, which specialises in the supply, characterisation and early stage development of graphene products. www.2-dtech.com

ACC Cyroma Ltd, which specialises in the supply of vacuum-formed and injection-moulded products to the automotive, construction, utilities and retail industry sectors. Using Versarien's existing graphene manufacturing capabilities, AAC will have the ability to produce graphene-enhanced plastic products. www.aaccyroma.co.uk

Cambridge Graphene Ltd, which supplies novel inks based on graphene and related materials, using patented processes and develops graphene materials technology for licensing to manufacturers. www.cambridgegraphene.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 22, 2017 08:11 ET (12:11 GMT)