The following information has been disclosed pursuant to Rule 26 of the AIM Rules for Companies.
The last update was on March 27, 2018.

Board of directors

Chairman Dr. Geoff Nesbitt
Non Executive Director George Katzaros
Non Executive Director Anthony Rawlinson
Non Executive Director José Luis del Valle
Interim Chief Executive Officer Dr. Geoff Nesbitt
Chief Financial Officer Janet Rachel Donovan

Latest Financial Reports
Reports File type Download
Verditek Interim Results 29.9.2017. pdf Download 4e0cd6e013e86998cdd0299ddd168574ae6dc4a256180f62fb1e4b5eab724b61
AIM Securities in Issue

202,117,265 AIM securities in issue as at 29-March-2018

There are no shares held in Treasury.

 

 

Country of Incorporation

Verditek PLC was incorporated in England and Wales in 2016. The Company Registration Number is 10114644.

Company Secretary

Edward Mathew Scott Baker

Trading Information

Shares in Verditek plc are only traded on AIM, a market operated by the London Stock Exchange plc and has not applied or agreed to have any of its securities admitted or traded to any other exchange or platform.

There are no restrictions on the transfer of ordinary shares.

Admission Document, Articles of Association and Circulars
Admission Documents File type Download
Verditek PLC Admission Document (2017) pdf Download 4e0cd6e013e86998cdd0299ddd168574ae6dc4a256180f62fb1e4b5eab724b61
Articles of Association File type Download
Verditek PLC Articles of Association (2017) pdf Download 4e0cd6e013e86998cdd0299ddd168574ae6dc4a256180f62fb1e4b5eab724b61
Circulars File type Download
Verditek PLC Final Notice of General Meeting (13/2/2018) pdf Download 4e0cd6e013e86998cdd0299ddd168574ae6dc4a256180f62fb1e4b5eab724b61
AIM Securities in Issue not in Public Hands

27%

Regulatory News
Main Country of Operation

UK and the Republic of San Marino.

Nominated Adviser and Broker

Stockdale Securities Limited
100 Wood Street
London
EC2V 7AN

Financial Adviser

Strand Hanson Limited
26 Mount Row
London
W1K 3SQ

Auditors

Crowe Clark Whitehill
St. Bride's House
10 Salisbury Square
London
EC4Y 8EH

Solicitors

Peachey & Co LLP
95 Aldwych
London,
WC2B 4JF

Registrars

Neville Registrars Limited
Neville House
18 Laurel Lane
Halesowen
B63 3DA

Description of Business

Verditek plc is an AIM quoted, clean technology company. Verditek is dedicated to commercialising proven technology that can deliver significant competitive advantage compared to conventional industrial solutions. From light-weight solar modules, cutting edge de-odourisation, and ground-breaking CO2 capture, Verditek is realising tomorrow’s technologies today.

Corporate Governance and the Takeover Code

Verditek plc is incorporated in England and Wales and is admitted to trading on AIM. As a result, Verditek plc is subject to the UK’s City Code on Takeovers and Mergers.

The Directors recognise the importance of sound corporate governance commensurate with the size of the Company and the interests of shareholders. As the Company grows, the Directors intend that it should develop policies and procedures in line with the recommendations of the Corporate Governance Code for Small and Mid-Size Quoted Companies published by the Quoted Company Alliance (“QCA Guidelines”) where appropriate and these are monitored on a regular basis. The Directors will continue to comply with the relevant requirements of the QCA Guidelines to the extent that they consider it appropriate having regard to the Company’s size and the nature of its operations. This was last reviewed on ....

 

The Board meets 12 times a year to review, formulate and approve the Company’s strategy, budgets, corporate actions and oversee the Company’s progress towards its goals.

There is an Audit Committee and a Remuneration Committee in place with formally delegated duties and responsibilities and with specific terms of reference. From time to time separate committees may be set up by the Board to consider specific issues when the need arises. José Luis del Valle has been appointed as the Senior Independent Director.

Due to the size of the Group, the Directors have decided that issues concerning the nomination of directors will be dealt with by the Board rather than a committee but will regularly reconsider whether a nominations committee is required

 
Board Committees

Audit Committee

Anthony Rawlinson, Chair
José Luis del Valle
George Katzaros

The Company has established an audit committee, which comprises Geoff Nesbitt (Chairman) and José Luis del Valle. The audit committee’s main functions include, inter alia, reviewing and monitoring internal financial control systems and risk management systems on which the Company is reliant, considering annual and interim accounts and audit reports, making recommendations to the Board in relation to the appointment and remuneration of the Company’s auditors and monitoring and reviewing annually their independence, objectivity, effectiveness and qualifications.

Remuneration and Nominations Committee

José Luis del Valle, Chair
Anthony Rawlinson

The Company has established a remuneration and nomination committee, which comprises  José Luis del Valle (Chairman) and Anthony Rawlinson. The remuneration and nomination committee meets as often as required to enable it to fulfill its obligations to the Company. The remuneration and nomination committee is responsible for reviewing the performance of the executive directors, for setting the scale and structure of their remuneration, paying due regard to the interests of Shareholders as a whole and the performance of the Company. The remuneration and nomination committee will also approve the design of and determine targets for any performance-related pay schemes operated by the Company. The remuneration and nomination committee’s main functions also include, inter alia, reviewing the structure, size and composition of the Board based upon the skills, knowledge and experience required to ensure that the Board operates effectively. The remuneration and nomination committee will also identify and nominate suitable candidates to join the Board when vacancies arise and make recommendations to the Board for the re-appointment of any non-executive directors. The remuneration and terms and conditions of the non-executive Directors are set by the entire Board.

 

Shareholders with > 3%
Signficant Shareholders (over 3%) number of ordinary Shares % of total issued shares  
GEORGE KATZAROS 27,416,675 13.6%  
PAUL HARRISON 15,440,000 7.6%  
HARGREAVES LANSDOWN (NOMINEES) LIMITED A/c VRA 11,349,727 5.6%  
THEODORE CHAPMAN 10,050,000 5.0%  
HARGREAVES LANSDOWN (NOMINEES) LIMITED A/c HLNOM 9,956,401 4.9%  
BREWIN NOMINEES LIMITED 7,500,000 3.7%  
ANTHONY RAWLINSON  7,350,000 3.6%  
PERSHING NOMINEES LIMITED WRCLT 6,999,999 3.5%  
ASHTON NOMINEES INC 6,979,921 3.5%  
PLATFORM SECURITIES NOMINEES LIMITED A/c KKCLT 6,221,369 3.1%  
JAMIE BUCHAN 6,000,000 3.0%  
       
Total 115,264,092 57.0%