Versarien (VRS)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

 0.033p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.35p
  • 52 Week Low: 0.031p
  • Currency: UK Pounds
  • Shares Issued: 3,718.94m
  • Volume: 13,177,454
  • Market Cap: £1.22m
  • RiskGrade: 561

Superdry teams up with Versarien to make graphene-enhanced garments

By Michele Maatouk

Date: Tuesday 16 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Engineering materials group Versarien has announced a commercial collaboration agreement with DKH Retail Limited, the worldwide wholesale distribution subsidiary of fashion brand Superdry, to produce graphene-enhanced clothes.
Through the partnership, Superdry will pioneer the production of graphene-enhanced garments, using Versarien's GRAPHENE-WEARTM technology, with a view to importing graphene's thermal and moisture management properties into its garments.

Superdry believes that using Versarien's graphene technology will result in product lines with improved performance and extended product lifespan, with lower environmental impact in their creation, while at the same time reducing the need to add any virgin material during recycling .

Superdry will have access to Versarien's scientists and laboratories in Manchester and Cambridge. The company said this should accelerate the brand's innovation platform, enabling it and Versarien to create garments "unlike any others on the market".

Versarien chief executive Neill Ricketts said: "We are delighted that Superdry has publicly announced our collaboration. Since we started working with Superdry we have developed a number of sample garments and its decision to announce the collaboration and the future launch of the products we are developing together is, I believe, testament to the benefits they see in utilising Versarien's graphene technology.

"We look forward to continuing to work with Superdry to bring these innovative garment ranges to the market as soon as possible."

At 1310 GMT, Versarien shares were up 13% at 34.74p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Versarien Market Data

Currency UK Pounds
Share Price 0.033p
Change Today 0.000p
% Change 1.23 %
52 Week High 0.35p
52 Week Low 0.031p
Volume 13,177,454
Shares Issued 3,718.94m
Market Cap £1.22m
RiskGrade 561

Versarien Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
3.74% below the market average3.74% below the market average3.74% below the market average3.74% below the market average3.74% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Price Trend
96.99% below the market average96.99% below the market average96.99% below the market average96.99% below the market average96.99% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
46.81% below the market average46.81% below the market average46.81% below the market average46.81% below the market average46.81% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average

Versarien Dividends

No dividends found

Trades for 22-Nov-2024

Time Volume / Share Price
16:25 15,000 @ 0.034p
16:25 114 @ 0.034p
16:11 7,248 @ 0.034p
16:11 159,970 @ 0.034p
16:11 100,000 @ 0.032p

Versarien Key Personnel

Finance Director Christopher Leigh
CEO Stephen Hodge

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