Wootliff steps down at Viridas
VIRIDAS executive chairman Stanley Wootliff has stepped down from the board after shareholders backed the firm’s new strategy.
New ordinary shares of 0.1p in the firm, replacing existing ordinary shares of 10p, were admitted to AIM this morning following a general meeting of shareholders yesterday.
In March, Viridas announced it was abandoning plans to establish an operation in Brazil growing jatropha plants for use in biofuels and would instead become an investment vehicle focused on natural resources.
It was announced last month that David Thompson, Keith Robinson and Jack Posner had all stepped down from the company’s board.
Nicholas Lee, non-executive director of Viridas, said: “The board of the Company would like to thank Stanley Wootliff and those directors who stepped down on 28 April, for their efforts in successfully steering the company through a difficult period and wish them all well in their future endeavours.”
