Business
Interest in Versarien PLC Assets
Time To ACT plc has announced its interest in acquiring the material assets and subsidiaries of Versarien PLC, confirming it was the "Potential Acquirer" referenced in a prior announcement and is now in discussions with the proposed administrator. This potential transaction aligns with Time To ACT's strategic objectives to increase scale, improve profile, and diversify its portfolio of engineering assets, though there is no certainty of completion. Disclaimer*
About this update from Time To Act Plc
[{"type":"text","content":"\n\n4 December 2025\nTime To ACT plc\n(\"Time To ACT\", \"the Company\" or \"the Group\")\n \nInterest in Versarien PLC assets\n \nTime To ACT today announces its interest in pursuing an acquisition of the material assets and subsidiaries owned by Versarien PLC (\"Versarien\") and that it was the \"Potential Acquirer\" referenced in Versarien PLC's RNS announcement of 31 October 2025. Time To ACT notes the subsequent announcements made by Versarien and confirms that it is in discussions with the proposed administrator about a possible transaction. The acquisition of the business of Versarien would be in line with the Company's stated strategic objectives, although there is no certainty at this stage that Time To ACT will be the preferred bidder or that it will be possible to complete a transaction.\nIf successful, the Board of Time To ACT believes that the potential transaction has the potential to increase the scale of the Company, improve its profile and diversify its portfolio of high quality engineering assets. \n \n \n\n\n\n\nTime To ACT plc\nChris Heminway, Executive Chairman\nGary Wallace, Chief Financial Officer\nInvestor questions on this announcement:\n\n\nTel: +44 (0) 1642 967138\n \n \n \n \nhttps://investors.timetoactplc.com/link/PREA3r \n\n\n\n\nVSA Capital Limited, AQSE Corporate Advisor and Joint Corporate Broker\nAndrew Raca, Brian Wong (Corporate Finance)\nAndrew Monk (Corporate Broking)\n \n\n\nTel: +44 20 3005 5000\n \n\n\n\n\n \n\n\n\n\n\n\n\nOberon Capital, Joint Corporate Broker Nick Lovering, Adam Pollock\n\n\nTel: +44 203 179 5300\n\n\n\n\n \n \n \nSubscribe to our news alert service: https://investors.timetoactplc.com/auth/signup\n \nEngage with the Time To ACT management team directly by asking questions, watching video summaries and seeing what other shareholders have to say. Navigate to our Interactive Investor hub here: https://investors.timetoactplc.com/link/PREA3r \n \nAbout Time To ACT plc\nTime To ACT plc is an engineering-led group focused on technology for the energy transition supply chain. It currently has two principal operating businesses: Diffusion Alloys and GreenSpur. As the parent company of the Group, Time To ACT provides strategic and operational s...