Corporate Update

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION 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

29 September 2025

Versarien plc

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

Corporate Update

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

As previously announced, the Company received a range of offers for its assets which the Board has now considered. It is now progressing discussions regarding a specific offer for the business and assets of the Company which it considers would provide the best outcome for both its shareholders and creditors. Depending on the final details of the offer, the Board may decide to undertake a solvent liquidation of the Company or the Company may be designated as an AIM Rule 15 cash shell. Any transaction would require the approval of the UK Government Investment Screening Unit and Innovate UK. 

The Company's actions to conserve cash continue and it is now anticipated that it can operate until the end of October by generating revenue from graphene sales and with the cooperation of its creditors.

The Company is not yet in a position to disclose the details of the proposed transaction as these are currently being negotiated, but it hopes to do so as soon as possible, although there is no certainty of successfully concluding any transaction.

Further announcements will be made in due course as appropriate.

For further information please contact:

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