RCS - Versarien PLC - Graphene-Wear OEKO-TEX Eco Passport certification

VersarienAnnouncement

27/01/2023 07:00

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RNS Number : 9649N  Versarien PLC  27 January 2023

 

 

 

Reach - Non-Regulatory

 

27 January 2023

 

Versarien plc

("Versarien" or the "Company")

OEKO-TEX® Eco Passport certification for Graphene-Wear®

 

Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased
to announce that the Company has secured OEKO-TEX® Eco Passport certification
for Versarien's proprietary Graphene-Wear® technology.

 

OEKO-TEX's® Eco Passport is an independent certification system for
chemicals, colourants and auxiliaries used in the textile and leather
industries.  Operating since 1992 OEKO-TEX®, headquartered in Switzerland,
offers testing and certification services to companies in the textile and
leather industries worldwide.

 

In order to gain OEKO-TEX® Eco Passport certification, Versarien's
Graphene-Wear® was analysed to determine whether it meets the relevant
statutory requirements and textile industry standards, and to confirm that no
element in it, nor the final product, is harmful to human health.  The Eco
Passport also provides validation for garment manufaturers that
Graphene-Wear® meets the criteria for ecologically responsible textile and
leather manufacture.

 

Neill Ricketts, Chief Executive Officer of Versarien, said: "The textile
sector, in particular leisure and sports wear, is one of the key focus sectors
for Versarien.  We are already working with a number of brands, including
through commercial agreements with Superdry and Umbro, to integrate
Versarien's Graphene-Wear® technology into a number of their products.  The
securing of OEKO-TEX's® Eco Passport will provide both these partners, and
other garment suppliers we are in discussions with, third party validation
that our products are safe, sustainable and environmentally friendly."

 

For further information please contact:

 

 Versarien Plc
 Neill Ricketts - Chief Executive Officer   +44 (0) 1594 887204
 Chris Leigh - Chief Financial Officer

 Stephen Hodge - Chief Technology Officer
 SP Angel Corporate Finance (Nominated Adviser and Joint Broker)
 Matthew Johnson, Adam Cowl                 +44 (0) 20 3470 0470
 Berenberg (Joint Broker)
 Mark Whitmore, Ciaran Walsh                +44 (0) 20 3207 7800
 IFC Advisory Limited (Financial PR and Investor Relations)
 Tim Metcalfe, Zach Cohen                   +44 (0) 20 3934 6630

 

About Versarien Plc

 

The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised
graphene company with a wide portfolio of high-quality verified materials
allied to the largest relevant IP portfolio supported by its own UK based
research and development centre driving recurring revenue growth through its
innovative graphene product applications.

 

For further information please see: https://www.versarien.com
(https://www.versarien.com)

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