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

+44 (0)1242 269 122

SP Angel Corporate Finance (Nominated Adviser and Joint Broker)

Matthew Johnson, Ewan Leggat, Adam Cowl

+44 (0)20 3470 0470

Berenberg (Joint Broker)

Mark Whitmore, Simon Cardron

+44 (0)20 3207 7800

Yellow Jersey (Investor Relations) 

Charles Goodwin

Georgia Colkin

Henry Wilkinson

Versarien@yellowjerseypr.com

+44 (0)774 778 8221

 

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

 

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
 
 
DSHEAEFAASXFEFA

Companies

Versarien (VRS)
UK 100

Latest directors dealings