Source - Alliance News

Versarien PLC - Gloucestershire, England-based advanced materials engineering group - Receives a further £150,000 from MCK Tech Co Ltd out of a total consideration of £604,000 for the sale of Versarien’s South Korean plant and equipment. This leaves MCK Tech with £92,000 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%

Copyright 2024 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Versarien PLC (VRS)

-0.00p (-3.68%)
delayed 11:36AM