30 April 2024
Versarien plc
("Versarien" or the "Company")
Result of AGM
Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to confirm that at the Company's Annual General Meeting ("AGM") held earlier today, all resolutions were duly passed. Full details of the resolutions are set out in the Notice of AGM dated 27 March 2024.
The proxy votes cast were as follows:
| Resolution | For |
| Against |
| Abstain |
| 1 - To receive the financial statements
| 89,777,062 | 99.7% | 250,323 | 0.3% | 281,124 |
| 2 - Re-appointment of BDO as auditors
| 89,159,951 | 99.1% | 787,434 | 0.9% | 361,124 |
| 3 - Re-appointment of Steve Hodge as a director
| 88,945,720 | 98.8% | 1,043,237 | 1.2% | 319,552 |
| 4 - Allow the allotment of 2,976 million new ordinary shares
| 81,015,770 | 89.9% | 9,066,653 | 10.1% | 226,086 |
| 5 - Allow the allotment of 2,976 million new ordinary shares for cash without first offering them to existing shareholders
| 77,838,055 | 86.5% | 12,165,587 | 13.5% | 304,867 |
For further information please contact:
| Versarien Stephen Hodge, Chief Executive Officer Chris Leigh, Chief Financial Officer
| c/o IFC |
| SP Angel Corporate Finance (Nominated Adviser and Broker) Matthew Johnson, Adam Cowl | +44 (0)20 3470 0470
|
| IFC Advisory Limited (Financial PR and Investor Relations) Tim Metcalfe, Zach Cohen | +44 (0) 20 3934 6630 |
About Versarien:
The strategy of Versarien plc (AIM:VRS) is to be a development led advanced materials company focussed on specific sectors that will lead to a light manufacturing and licensing model.
For further information please see: http://www.versarien.com
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