14th Feb 2014 16:53
14 February 2013
Verdes Management PLC
("Verdes" or the "Company")
Notice of Intention to Appoint Administrator
The Board announces that it has today filed at court a notice of intention to appoint an administrator.
The Board has been reviewing its options in order to minimise the financial uncertainty surrounding the Company. While the Board continues to explore these options, the Company has filed a notice of intention to appoint Iain David Nairn of Assure Business Rescue & Recovery Limited as administrator of the Company to assist the directors in this regard and to protect the interests of creditors.
The suspension to trading in the Company's shares, as announced on 30 January 2014, remains effective.
Further announcements will be made in due course.
Enquiries:
Verdes Management PLC Daan van den Noort - Non Executive Chairman
|
+316 1089 6581 |
Nominated Adviser SPARK Advisory Partners Limited Neil Baldwin |
0113 370 8974 |
Related Shares:
React Group