30th Dec 2024 14:14
Versarien PLC - Gloucestershire, England-based advanced materials engineering group - Receives a further GBP150,000 from MCK Tech Co Ltd out of a total consideration of GBP604,000 for the sale of Versarien's South Korean plant and equipment. This leaves MCK Tech with GBP92,000 left to repay, plus accrued interest. Versarien also says it has now agreed a further extension to February 28 for MCK Tech to make its final payment. The debt will incur interest at an annual rate of 10%.
Current stock price: 0.042 pence, up 20% in London on Monday afternoon
12-month change: down 81%
By Emily Parsons, Alliance News reporter
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