Welcome to the mad house22 Aug 2014 08:35
Verdes Management plc
Embargoed - 7.00a.m. - 22 August 2014
Verdes Management plc ("Verdes" or the "Company")
Directorate Changes
Verdes (AIM: VMP) announces the following appointment to the Board. Adam Reynolds is joining the Board with immediate effect as a non-executive Director.
Adam will work with the current board to implement and execute the Company's new investing strategy which was approved by shareholders following its classification as an investing company earlier this year.
Adam is a former stockbroker who specialises in corporate finance. He has built, rescued and re-financed a number of public companies, notably EKF Diagnostics Plc, Orogen Gold Plc and more recently Premaitha Health PLC and Optibiotix Health PLC. Adam also led the take-private of Autoclenz Group Limited from AutoClenz Plc.
David Mends has left the board with immediate effect.
Gill Leates, Chairman, commented: "I am delighted to welcome Adam to the Board. His wide-ranging business experience and city influence will serve the Company well as Verdes seeks to further implement its investing policy."
The following information is given in accordance with paragraph 2(g) schedule Two, the AIM Rules for Companies:
Full name and age:
Adam Reynolds, 52