PM chooses Gloucestershire businessman to go on her trade visit to China

A businessman from Gloucestershire is among the select delegation currently on a three-day trade visit to China with Prime Minister Theresa May.

Mrs May, who is also accompanied by her husband Philip May and the Secretary of State for International Trade Liam Fox, is attempting “to build on the existing strong ties between our two countries”.

Among the chosen few business people invited to attend is on Neill Ricketts, the founder of graphene specialist Versarien plc (LON:VRS) and Gloucester MP Richard Graham.

Mr Ricketts is also a member of the local enterprise partnership for Gloucestershire, GFirst LEP.

Speaking ahead of the visit, the Prime Minister said: “There are huge trade opportunities in China that we want to help British businesses take advantage of.

“My visit will intensify the “Golden Era” in UK-China relations. The depth of our relationship means we can have frank discussions on all issues.”

Just last month the Cheltenham-headquartered company announced it had entered into a £55million partnership to open a new manufacturing plant in China. Its shares rose 35 per cent.

It has signed what is called a non-binding Letter of Intent (LOI) with the Shandong Institute of Industrial Technology Fund, Jinan Qing Na Material Technology Co Ltd and Jinan Innovation Zone Administrative Committee ‘with the view to establishing the China-UK Jinan Graphene Industrial Park in the Jinan Innovation Zone, Shandong Province.’

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn
    DirectorsTalk

    More articles like this

    Versarien Plc

    Versarien raises £246,038 via Placing

    Versarien plc (LON:VRS) raises £246,038 through placing of new shares at 0.033 pence per share. Funds will be used for general corporate purposes.

    Versarien Plc

    Versarien’s Gnanomat awarded €804,000 grant

    Versarien Plc (LON:VRS), the advanced engineering materials group, has announced that the Company’s 90% owned subsidiary, Gnanomat S.L., has been awarded a grant of approximately €804,000 (approximately £663,000) to finance a project relating to next generation energy

    Versarien Plc

    Versarien raises £450,000 via Placing

    Versarien plc (LON:VRS), the advanced materials engineering group, has announced it has raised £450,000 (before expenses) by way of a placing of 1,384,615,385 new ordinary shares in the capital of the Company at a price of 0.0325

    Versarien Plc

    Versarien increases shareholding in Gnanomat from 62% to 90%

    Versarien plc (LON:VRS), the advanced materials engineering group, has announced that the Company has converted its outstanding convertible loan of €1.25m, plus accrued interest of €207k, into shares in its subsidiary Gnanomat S.L.  The loan was made

    Versarien Plc

    Versarien raises £615,000 through share placement

    Versarien plc (LON:VRS), the advanced materials engineering group, has announced it has raised £615,000 (before expenses) by way of a placing of 492,000,000 new ordinary shares in the capital of the Company at a price of 0.125

    Versarien Plc

    Versarien signs Graphinks licensing agreement with Montana Química

    Versarien Plc (LON:VRS), the advanced materials engineering group, announces that the Company has, in line with its stated strategy to monetise intellectual property through licensing, entered into a manufacturing licence agreement and a know-how licence and technical

    Versarien Plc

    Versarien to sell Korean Assets and Licencing of IP

    Versarien Plc (LON:VRS), the advanced materials engineering group, has announced that the Company has, in line with its stated strategy, entered into an agreement with MCK Tech Co. Ltd to sell the Group’s plant and equipment in

    Versarien Plc

    Versarien’s Gnanomat awarded grant from ICEX Trade and Investment

    Versarien plc (LON:VRS), the advanced materials engineering group, has previously announced its turnaround strategy, which, inter alia, seeks to preserve appropriate intellectual property within the Group whilst reducing operating costs.  As part of this strategy, Gnanomat S.L,

    Versarien Plc

    Versarien’s turnaround strategy continues to progress

    Versarien plc (LON:VRS), the advanced materials engineering group, will be holding a General Meeting at 10.00 a.m. today, at which the following statement will be provided: “The Company’s turnaround strategy continues to progress and we are pleased

    Versarien Plc

    Versarien to hold General Meeting on Tuesday 4 July 2023

    Versarien plc (LON:VRS), the advanced materials engineering group, announces that a Notice of General Meeting will be posted to shareholders today.  The General Meeting will be held on Tuesday 4 July 2023 at 10.00 a.m. at