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 +44(0) 20 7580 7576
Nominated Advisor and Joint Broker
Westhouse Securities
Antonio Bossi/Paul Gillam +44(0) 20 7601 6100
Joint Broker
Rivington Street Corporate Finance
Jon Levinson +44(0) 20 7562 3351
This information is provided by RNS