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Elektron Technology PLC Announces Completion of Sale to Versarien PLC

Wednesday, 12 Jun 2013 02:00am EDT 

Elektron Technology PLC announced that it has completed the sale of its subsidiary, Total Carbide Limited, to Versarien plc for a total consideration of approximately GBP2.3 million. Of this, approximately GBP1.23 million (net) is in cash and GBP1.05 million is in shares in Versarien. Elektron now holds approximately 10.3% of Versarien's share capital following its Admission to AIM. 

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21 Nov 2014