AAC

25 days ago

Versarien – assets of former subsidiary, AAC Cyroma sold for buttons, was prior RNS prudent?

On 15 December 2025 Versarien (VRS) issued an update on its disposal of AAC Cyroma Limited, to Harper Bennett Limited for a total consideration of £550,000.  Harper Bennett only paid four instalments totalling £137,500 leaving £412,500 outstanding. It then welched which, given its historic finances, was hardly surprising.

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