REG - Versarien PLC - Director/PDMR Shareholding

VersarienAnnouncement

22/01/2021 11:05

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



 

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