React Group Regulatory News (REAT)

RNS Number : 8371T

Verdes Management PLC

05 October 2010

 

VERDES MANAGEMENT PLC

(AIM: VMP)

 

Directorate Change

 

Verdes Management plc (formerly X-Phonics PLC), the specialist turnaround services provider is pleased to confirm the appointment of Eddie Edmonstone and Janet Rubin as additional non-executive directors with immediate effect.

 

Mr Edmonstone is an experienced stockbroker and financial advisor and was employed at a number of companies including Peel Hunt and Company, where he was head of UK smaller companies; Credit Lyonnais/Granville Baird; Durlacher Limited, where he was head of Institutional & Corporate Broking and Finn Cap/JM Finn where he was head of Corporate Broking until leaving in January 2010 to join Amati Global Investors.

 

Janet Rubin has held a variety of senior and director roles in HR including B&Q, WH Smith and The Littlewoods Organization. She has had a number of consulting roles, including at the Legal Services Commission and since February 2009 she has been the interim HR director at Oxfordshire Primary Care Trust.

 

Chief Executive Adam Webb commented:

 

"I am delighted that we are able to strengthen our Board with the appointment of Janet and Eddie who between them bring a wealth of experience in retail and corporate finance. These are both sectors that are of significant interest to Verdes as we seek to develop and capitalise upon opportunities presented by the current market environment"

 

The Company also confirms its recent name change and that its new web site is now fully operational: http://www.verdes-group.com/

 

The following information is given in accordance with paragraph (f) , schedule Two, the AIM Rules for Companies:

 

Archibald Edward Charles Edmonstone, 49

 

Current Directorships/partnerships: 

Amati Global Investors, Blairgar Associates, Ramsay Consulting 

 

Previous directorships/partnerships over the last five years: 

Finn Cap,

 

Janet Catherine Rubin,61

Current Directorships/partnerships: none

Previous directorships/partnerships over the last five years: none

 

Contacts:
Verdes Management plc	www.verdes-management.com
Mike Hosie, Finance Director	+44 (0) 208 987 0800
Adam Webb	+44 (0) 7943 113190
WH Ireland Limited	www.wh-ireland.co.uk
John Wakefield / Marc Davies	+44 (0) 117 945 3470

 

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