Last checked at 22 Aug 2014 07:00
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
Current Directorships/Partnerships:
EKF Diagnostics Holdings Plc
Boldwood Limited
Orogen Gold Plc
Emotion Fitness Limited
Reyco Limited
Hubco Investments Plc
Autoclenz Group Limited
Optibiotix Health Plc
Premaitha Health Plc
Past Directorships/Partnerships (previous 5 years)
Hansard Corporate Limited
Biolustre UK Ltd
Velvet Consultancy Ltd
Wilton International Consulting Limited
Porta Communications Plc
Diablo Consulting Limited
Hub Capital Partners Limited
Chalton Consulting Limited
Hansard Group Limited
Hansard Corporate Limited
Alan Bailey (Studios) Limited
Wilton International Management Group Limited
Wilton International Marketing Limited
Wallgate Group Plc
Bcomp 415 Limited
There is no other information required to be included in accordance with paragraph 2(g), Schedule Two, the AIM Rules for Companies.
For further information please contact:
Verdes Management Plc
Gillian Leates - Chairman 0208 133 2782
SPARK Advisory Partners Limited
Nominated Adviser
Neil Baldwin 0113 370 8974
Mark Brady
SI Capital Limited
Broker
Andy Thacker 01483 413510
Nick Emerson