http://www.verdes-group.com/

http://www.verdes-group.com/wp-content/uploads/downloads/2010/09/xp-circular-vmp-investment-2010-09-01.pdf

Business prospects
VML has been negotiating with a number of parties on potential new business mandates which,
subject to the approval of the Proposals, will be assigned to the Group, and the Proposed Directors
consider that there are a number of business opportunities in the market.
It is anticipated that business opportunities will come from a variety of sources, including investment
funds, professional intermediaries, stakeholders, private equity houses, banks, corporate finance
advisers and stockbrokers.
Additional working capital is required, both in the short term and as the business develops, particularly
as and when overheads need to be increased to match the scale of business operations that the
Proposed Directors hope to achieve.
The Company currently has no significant institutional shareholders. The Proposed Directors will
seek to develop an institutional shareholder base through a future fundraising.
In the medium term, any profits will be retained to build up the business. In the longer term, subject to
the elimination of current retained losses, it is anticipated that a progressive dividend policy will be
adopted.

Brief summary....remember DYOR.... imo....

1) There appears to be much happening behind the scenes at VMP

2) The recent placing was always going to happen and is found in the placing document for Sep 2010.

3) The placing price of 0.75p is at a discount to the sp back in December when they had meetings ref funds. This is to icentivise the ii's, and would only agree to this if they can see the company is going forward and has good potential. They obviously expect to make a profit their investments at the end of the day.

4) The company has raised these funds for working capital purposes and for the expansion of the business. These funds are from serious institutional investors which are coming onboard as per business plan. This is a major vote of confidence in the company with these players entering.

5) There should be a holdings RNS as VMP apparently potentially have 2 new institutional investors on board. This would be a large boost for the company. As this was one of their main targets in starting up. They like the business model.

6) According to VMP they are in talks with a number of companies for potential deals, and this could only happen with the working capital in place. They are expanding to be able to fulfil the mandates. This state they will ensure VMP has the resources that are needed to develop and seal the deals. They are concentrating on companies worth 50m-250m to help out with. Gives you an idea of the types of companies they are targeting.

7) Further fund raising in the mid-long term should be anticipated as VMP expand hopefully rapidly this company into a monster.

8) The VMP board are very bullish about what they can deliver and bring to the market, hence a BoD of very established, experienced persons.

I perosnally bought on the low today - see where we end up end Q1 even this month perhaps? Need the deals VMP are very bullish about asap.

gla

Final Results

Preliminary Results for the year ended 30 September 2013

Verdes Management Plc ("Verdes" or "the Company") announces its final results for the year ended 30 September 2013.

Financials
In the year to 30 September 2013 the Company reported turnover of £NIL (2012: £NIL) and a loss before tax of £413k (2012: Loss £806k).

Strategy
During the year, the Board actively considered a number of alternatives for the Company. Whilst this was underway, the cost base of the Company was reduced significantly and, as announced in our half year results, the Board composition also changed on 9 September 2013 just before the year end.

On that date Adam Webb resigned and Dr Daan van den Noort took on the position of non-executive Chairman with Sarah Bertolotti and Joep van den Aker also joining the Board.

The stated strategy of the Company at the time of the Board change was to build a strategic investment company in the fund management sector. This was actively worked on for a number of months with the support and assistance of Mr. Jan Geertman who worked alongside the Directors as a Board consultant. Unfortunately the bulk of the funding associated with this strategy which was to be provided by Newick Developments Limited, a funder associated with Mr. Geertman, was not received by the Company in accordance with the terms in place between the parties; and so on 30 January 2014 the Board took the difficult but appropriate decision to request the suspension of the Company from AIM due to the financial uncertainty that this caused. Jan Geertman also subsequently resigned from his consultancy position.

There followed a challenging period when the Directors felt it appropriate to protect the Company by filing a notice of intent to appoint an administrator whilst an alternative future for the Company was sought.

As detailed in the Company's announcement on 4 March 2014 the Directors were successful in identifying a solution. On that date the Company announced that Mr. David Breith had purchased a significant shareholding in Verdes from Westminster Asset Management Limited, and that the Company had also secured equity funding in the amount of £750,000 by way of a private placing. The Company's action led to the Company being regarded as an investing company. As a result, a new investing policy was announced on 4 March, and any acquisition under this policy will be treated as a "reverse takeover" under the AIM Rules for Companies. With this funding in place, and new investing policy announced, the suspension of the company from AIM was also lifted on 4 March 2014.

The Company is now seeking shareholders' approval for this proposed new investing policy which will be voted upon in a general meeting of the Company's shareholders convened for 20 March 2014. The new investing policy is set out within the Circular sent to the Company's shareholders on 4 March 2014, a copy of which is available on the Company's website.

The Company has already identified a potential acquisition target, though it is too early to determine whether this will lead to a transaction. Further information will be made available when appropriate.

Working capital
In the year to 30 September 2013 the Company raised £175,000 through a placing in October 2012 and also £125,000 by way of a convertible loan which was subsequently converted to equity in

January 2014. At the year end the Company had £38,000 of cash remaining. Subsequent to year end the Company raised £155,000 via a convertible loan from RAB Capital Limited and £25,000 via a convertible loan from Mr Peter Wildey. These loans have recently been repaid out of the proceeds of a recent placing. All conversion rights relating to these loans were also extinguished at that time.

As detailed above, the placing proceeds were used in part to repay the Convertible Loans; they also enabled the settling of legacy creditor positions. At the date of publication of this report approximately £400,000 of these funds remain after these payments have been made. This provides the Company with sufficient working capital for the next 12 months to meet running costs and also to embark on its new investing strategy. Further funds are likely to be raised alongside any acquisition under this new strategy.

Outlook
The recent investment in the company by David Breith, alongside the securing of new financing via the private placing, has secured the Company's immediate future. It is now well placed to embark on its proposed investing strategy when shareholders' approval has been obtained.


Daan van den Noort

Chairman

Date: 19 March 2014

Result of General Meeting

Verdes (AIM: VMP) is pleased to announce that at its general meeting held earlier today, the resolution to approve the Company's new investing policy was approved by shareholders.

Directorate Change

Ticking up ahead of the AGM next Tuesday ( 6th ).

Tuesday 13 May, 2014


Verdes Management

Alteration to Broker Agreement


RNS Number : 8330G

Verdes Management PLC

13 May 2014






Verdes Management plc ("Verdes" or the "Company")

13 May 2014

Alteration to Broker agreement

Verdes (AIM: VMP) is pleased to announce that it has reached an agreement with its broker SI Capital to cancel 25,000,000 Warrants with an exercise price of £0.001 with immediate effect and replace these with a new agreement for 5,000,000 warrants at an exercise price of £0.02 (2 pence) up to 14 April 2016.

Gillian Leates, Verdes' Chairman, states: "I am extremely glad that we have come to an agreement with SI Capital to alter the terms of the warrants as agreed in September 2013. This is a significant and positive change to the agreement, demonstrating a renewed belief in the Company by its advisers, whose interests are now more closely tied to those of shareholders, both new and old. The Board believes that this revision is further evidence of progress, removing a potentially dilutive element from the Company's growth equation."

Volumes and sp picking up today following the RNS.

Yep - in the money!

Well done skinny, it's not easy to make money in these markets! :-)

A bit of life again this morning.

Slowly slowly..

Where is Dil? It's getting there Dil !:-)

"Dil - 07 Mar 2014 13:07 - 27 of 45

2p or not 2p that is the question ... "

Half Yearly Report

Mr. David Breith > 24%

Result of General Meeting