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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%
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