9th May 2014 07:00
Verdes Management plc ("Verdes" or the "Company")
9 May 2014
Appointment of Director
Verdes (AIM: VMP) announces the following appointment to the board. David Mends FCA is joining the Board with immediate effect as a non-executive Director. David 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.
"David qualified as a chartered accountant and following a move into industry held a variety of roles with British Leyland and International Paint before taking executive board appointments with Reliant Motor plc and Nash Industries plc. Since 1990 David has acted as a business consultant to a number of private and public companies involved in manufacturing, retailing and property services whilst also identifying and completing the MBI of a furniture component manufacturer."
Gill Leates, Chairman Director commented: "I am delighted to welcome David to the Board. His wide-ranging experience will serve the Company well both in this transitional period whilst Verdes seeks to implement its investing policy, and beyond."
The following information is given in accordance with paragraph (g) schedule Two, the AIM Rules for Companies:
Full name and age:
David Graham Mends, 64
Current Directorships/Partnerships:
Anglia Securities Limited
Past Directorships/Partnerships (previous 5 years)
Pelagon Limited
Disclosures under Aim Rule paragraph g(v)
David was a director of the following companies within the 12 months preceding their entering administration, each in 2006:
Yorkshire Investment Company Limited
SP Holdings plc
There is no other information required to be included in accordance with paragraph (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
Related Shares:
React Group