- Advanced materials engineering group Versarien it had won a £5m loan facility from state entity Innovate UK Loans.

Innovate UK had been running an extended pilot innovation loans programme over the past three years, with £75 million committed to the scheme.

The loans were targeted at UK small or medium-sized enterprises that wanted to scale up and grow by developing new or improved products, processes or services.

The one to Versarien was for a project named G SCALE, which was designed to enable Versarien to significantly increase its manufacture of quality assured graphene.

At 9:13am: [LON:VRS] Versarien PLC share price was +0.03p at 44.03p

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