Back in IPO XXXX I read he is selling down here to raise funds , which indicates hes still in IP Group .
2nd RNS at VRS ...another example Versarien plc("Versarien" or the "Company"Agreement with Arrow GreenTechVersarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce that it has signed a wide ranging agreement with Arrow GreenTech Ltd ("Arrow GreenTech", an Indian listed company, covering a variety of the Company's graphene products and activities (the "Agreement".Arrow GreenTech is an India-based holding company who are a leading global manufacturer of cast water-soluble film, providing solutions and applications for sectors including agrochemicals, construction, chemical, embroidery, health & hygiene and 3D printing. Additionally, Arrow GreenTech have patented technology that is used in secure products such as passports, bank notes and security paper.In summary the Agreement covers four main areas:· Versarien and Arrow GreenTech have entered into an exclusive commercial arrangement for the supply of the Company's propriety Graphinks (graphene inks) to Arrow GreenTech, for onward supply to the water-soluble film market world-wide;· Versarien and Arrow GreenTech have agreed to collaborate on exploring the potential benefits of using graphene within security threads for banknotes and passports on a named-exclusive basis;· Arrow GreenTech will act as the Company's exclusive agent for the supply of graphene to the tyre and associated rubber sectors in India. This will be subject to the terms of a separate sales agency agreement; and· Versarien will grant Arrow GreenTech the right of first refusal to enter into discussions regarding any future plans for the Company to create a manufacturing facility in India. Those discussions may include the creation of a joint venture company or the right to operate under a license granted from the Company. Commenting Shilpan Patel, Chairman and Managing Director, Arrow GreenTech, said: "Graphene is the new wonder material of this century and Arrow GreenTech is happy to be collaborating with the leader in this technology, creating stakeholder value for both Arrow GreenTech and Versarian. Arrow GreenTech is particularly interested in embedding graphene in cast PVA films and sees a large number of potential end uses in various industries. Graphene is an environmentally friendly product, especially when compared to carbon black, and maximum environmental care has always been the core of our company." Neill Ricketts, CEO of Versarien, commented: "We are delighted to have entered into this Agreement with Arrow GreenTech, providing both a strong channel for our Graphinks into the fast growing water soluble film market and, more widely, a strong partner for Versarien in India."In particular, the use of water soluble, bio compostable thin films are fast growing and Arrow GreenTech have globally applicable technology. With the addition of our Graphinks we aim to enable the creation of new and innovative solutions for a variety of end markets."We look forward to providing further updates as our relationship with Arrow GreenTech develops alongside the others we are establishing globally."SAGE
RNS at VRS ...as an example of direction Versarien plc("Versarien" or the "Company"Graphinks Product Launch Versarien plc (AIM: VRS), the advanced materials engineering group, is pleased to announce the formal launch of Graphinks, the latest addition to Versarien's range of commercially available 2D materials. Graphinks has recently been trademarked by Versarien and is the brand under which the Company's range of proprietary graphene inks will be marketed. Produced by the Company's subsidiary Cambridge Graphene, Graphinks is a range of high performance, electrically conductive, graphene inks suitable for a wide range of printing processes, substrates and applications, including flexible electronics and antennas. Graphinks are produced using a scalable production process, developed at the Cambridge Graphene Centre, University of Cambridge. The production process allows for a range of ink formulations to be manufactured in order to meet the requirements of different printing methods and substrates. Graphinks are aqueous, environmentally friendly and non-toxic. Graphinks is the latest formal addition to Versarien's high performance 2D material product range, alongside Nanane, a high purity, low defect graphene and Hexotene, a few layer hexagonal boron nitride (h-BN) nanoplatelet powder with large lateral dimensions. The range is further supported by few layer graphene and graphene oxide powders suitable for a wide range of industrial applications. Commenting, Neill Ricketts, CEO of Versarien stated: "The introduction of Graphinks into our stable of 2D materials further widens the ability of Versarien to deliver innovative solutions for industry. There are numerous potential applications for Graphinks, which can be customised to meet the individual requirements of customers, and we anticipate substantial commercial demand."SAGE
Re: Back in Thanks for your info Carefully .Dont sound to good gone but not clear where it gone. lolNot sure they can just move it a valuable asset .
Re: Back in IPO was in WPCT but no longer is. Don't know where it was moved to (which fund) or whether sold down. Woodford was pro IPO, IVO merger so held it back then.
Re: Back in Little confused here, hope someone can explain.Winifrith blog posted all the holdings in Woodfords three funds.Surprised i did not see IPO.Then i see on another site under owners Woodford investment LLP has 19% .Am i missing something ?
Re: Back in 20/06/17Topped again @ 109p .
Touchstone to IP anyone? Well I find myself a shareholder in this after being 'forced' into it by the major shareholders in Touchstone Innovations and IP. Touchstone may have lost me money but I believed in focused management there to deliver long-term (3-5 yr) returns. IP group on the other hand, management appear to be getting money and setting light to it, bunch of former stockbrokers not known for prudence with other peoples money, do they really need an Australian office at this stage or do they like the idea of 'company paid for' holidays. Anyway I feel other disgruntled Touchstone shareholders are selling their IP shares, hence recent SP weakness - am in 2 minds to cut-losses to join them or wait for some bounce back, but then am getting gut-feeling is this will keep tracking down...mmh what to do? Any lP believers out there who can sell me a buy story?
Re: Given up here....... A good price. Given IVO get a conversion rate there might be mileage in looking there to get an extra penny or 2. I already hold.
Re: Given up here....... Topped up today @ 120pDon't know what happened to posts before 27/04/17 that's as far back as it goes today ?
Re: Given up here....... [link] trend has been down since 2015. So you would have thought with more maturing businesses going forward the price should be going up? Buy into strength, sell into weakness? I don't rate buying into cycles.
Re: Given up here....... Not completely unexpected given Chinese crackdown and it was only to about £23.5M in > £930M current market cap, approx 2.5% of current value and about 1.56% of the combined entity.They could raise that elsewhere. I think it was more to do with having Chinese capital to tap in future.However, it is getting to a point where ipo need to show some leg as it's back where it was towards mid 2006 on share price allowing for any issuance etc. Encourages trading rather than investing.It is frustrating, a tease. Potential they fail to have show up in maintained share price rises.Can't just blame the market.
Re: Given up here....... News of Chinese investor being stopped from investing by the Chinese government in the week.,
Acquisition Price action is part related to the IVO offer imho.Approx 34/66 % split in new group for ivo/ipo, with offer ratio and ipo sp determining ivo value.Depending on who holds both and what % they want of the enlarged group (and what # of each currently) there can be reasons to sell down ipo.Risk off doesn't help too as well as markets not necessarily being gung-ho currently for listed holdings and less receptive to any new floats too."Any adjustment to the Exchange Ratio will be finally determined at Completion and the implied offer value per Touchstone Share will be calculated by reference to the average of the daily volume weighted average prices of an IPG Share over the 30 Business Days prior to the Completion Date and will be rounded to four decimal places. The New Offer Cap is not a no increase statement and should not be taken to mean that the New Exchange Ratio or New Offer Cap cannot be increased."I suspect post acquisition there is a chance of a relief rally, no guarantee though.
Re: Given up here....... 1/5 Ox Nano is IPO'sExpect float in next 12-18 months and at £1.5Bn+ mkt cap.IVO acquisition will reduce dependence on Ox Nano and reduce volatility.Patience is called for. Just about 12 months ago look at the price.Since then holdings are more mature and IVO will help.Sentiment is different now, it will change again. Ebb and flow.Dec 2016 - "Following completion of the financing round, IP Group's undiluted beneficial stake of 19.7% in Oxford Nanopore will be valued at £246.3 Million".