LONDON, March 5, 2014 /PRNewswire/ --
Verdes Management plc ("Verdes" or the "Company") (AIM: VMP) is pleased to announce that entrepreneur Mr David Breith has purchased a significant shareholding in Verdes and plans are underway to re-establish the Company with a new investment and business strategy.
This is the second large shareholding that Mr. Breith has taken in an AIM listed business in just over a year.
The Company is very pleased with this investment by Mr. Breith and also in the recent securing of funding in the amount of £750,000 at a significant premium to the share price.
Notes to Editors:
About on David Breith
David is a true entrepreneur with a wealth of experience in all aspects of a business from the ground up, David is currently the CEO of AIM quoted Coms plc where a fundamental transformation of the business has taken place over the past 12 months, with the Company's market capitalisation growing from c£1m to £95m in 12 months. David has a proven track record to succeed. Some of David's many accolades include Buckinghamshire Entrepreneur of the year, Buckinghamshire Ambassador, Tech Track 2007, Tech Track 2008, Tech Track 2009, Hot 100 2008, Deloittes Fast 50 2007 - UK, Deloittes Fast 50 2008 - UK, Deloittes Fast 500 2007 - EMEA, Deloittes Fast 500 2008 - EMEA, Ernst & Young Entrepreneur of the year - Last 10 EMEA.
SOURCE Verdes Management plc