Investing Policy Update

RNS Number : 6267X

Viridas PLC

17 February 2012

 



17 February 2012

Viridas plc

("Viridas" or the "Company")

Investing Policy Update

Viridas plc announces that following the disposal of its stake in Leed Petroleum plc, announced on 24 January 2012, it has disposed of substantially all of its assets, within the meaning of AIM Rule 15, and now has 12 months from 24 January 2012 to implement its current investing policy in accordance with AIM Rule 15 or make an acquisition(s) constituting a reverse takeover under AIM Rule 14.

For more information please contact:

Viridas plc

Nicholas Lee, Chairman          [phone]

Nominated Advisor and Joint Broker

Westhouse Securities

Antonio Bossi/Paul Gillam      [phone]

Joint Broker

Rivington Street Corporate Finance

Jon Levinson                            [phone]

 

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