Directorate Changes

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