REG - Versarien PLC - Update - Proposed Disposal of the Company's Assets

VersarienAnnouncement

26/11/2025 07:00

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RNS Number : 9928I  Versarien PLC  26 November 2025

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER
THE UKVERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF
ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN

 

26 November 2025

 

Versarien plc

 

("Versarien", the "Company" or the "Group")

 

Update to the Proposed Disposal of the Company's Assets

 

Versarien plc (AIM: VRS), the advanced engineering materials group, provides a
further update on its restructuring process.

As announced on 31 October 2025, the Company had signed a non-binding heads of
terms ("HoT") with a UK quoted public company (the "Potential Acquirer") for
the disposal of Versarian's remaining material assets and subsidiaries. The
Company has now been notified by the Potential Acquirer that it is withdrawing
its interest as detailed previously and included in those HoT.

The period of exclusivity in the HoT therefore falls away and the Board is in
the process of taking advice and considering its options. As stated previously
this may include appointing administrators to the Company.

The Company will make further announcements in due course as appropriate.

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 0470

 Matthew Johnson, Adam Cowl

 IFC Advisory Limited (Financial PR and Investor Relations)  +44 (0)20 3934 6630

 Tim Metcalfe, Zach Cohen

 

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

 

 

 

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