Versarien (VRS)

Sector:

Industrial Chemicals

Index:

FTSE AIM All-Share

0.035p
   
  • Change Today:
      0.001p
  • 52 Week High: 0.62
  • 52 Week Low: 0.033
  • Currency: UK Pounds
  • Shares Issued: 3,718.94m
  • Volume: 207,570,508
  • Market Cap: £1.31m
  • RiskGrade: 561

Versarien enters community building printing contract

By Josh White

Date: Wednesday 14 Aug 2024

LONDON (ShareCast) - (Sharecast News) - Advanced materials engineering company Versarien has entered into a contract with Building For Humanity CIC, it announced on Wednesday, to serve as a 'print partner' for the Charter Street project in Accrington, Lancashire.
The AIM-traded firm said the project, led by the community interest company, aimed to develop 46 affordable homes and associated infrastructure, including a community hub.

It said the contract, valued at £0.2m, would involve Versarien providing 3D construction printing (3DCP) services at every stage of the project, from design through to construction.

Initially, Versarien said it would work closely with Building For Humanity and the design team to align the project's design with 3DCP parameters.

As the project progressed, Versarien said it would provide staff and full printing services for the construction phase.

This partnership followed a letter of mutual commitment previously signed by Versarien and Building For Humanity, and marked the formal start of the Charter Street project.

The first phase would focus on constructing one of the housing blocks and the community hub.

"We are delighted to be supporting Building For Humanity's Charter Street project using innovative 3DCP technology," said chief executive officer Dr Stephen Hodge.

"This initiative is the first 3D housing construction project in the UK and one ideally suited to the services we can provide.

"This project is a pivotal opportunity to showcase Versarien's capabilities in enabling low-carbon, efficient construction solutions, exemplifying our commitment to innovation and sustainability."

At 1054 BST, shares in Versarien were up 13.33% at 0.08p.

Reporting by Josh White for Sharecast.com.

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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 0.035p
Change Today 0.001p
% Change 2.32 %
52 Week High 0.62
52 Week Low 0.033
Volume 207,570,508
Shares Issued 3,718.94m
Market Cap £1.31m
RiskGrade 561

Versarien Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.22% below the market average7.22% below the market average7.22% below the market average7.22% below the market average7.22% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
97.6% below the market average97.6% below the market average97.6% below the market average97.6% below the market average97.6% 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
47.05% below the market average47.05% below the market average47.05% below the market average47.05% below the market average47.05% below the market average
46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average46.67% below the sector average

Versarien Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
16:30 77,035 @ 0.035p
16:25 250,000 @ 0.036p
16:15 167,443 @ 0.035p
16:12 1,417,443 @ 0.036p
16:06 550,000 @ 0.036p

Versarien Key Personnel

Finance Director Christopher Leigh
CEO Stephen Hodge

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