LONDON, UK: Versarien plc (AIM: VRS), the advanced materials engineering group, announced that Neill Ricketts has resigned as Chief Executive Officer of the Company.

The executive directors will continue to manage the Company supported by the non-executive directors. The Board is considering the appropriate longer term management structure of the Company and further announcements will be made in due course, as appropriate.

The strategy of Versarien Plc (AIM:VRS) is to be a globally recognised graphene company with a wide portfolio of high-quality verified materials allied to the largest relevant IP portfolio supported by its own UK based research and development centre driving recurring revenue growth through its innovative graphene product applications.