Renato Couto Gomes Issues Statement on Sale of Company Shares
BELO HORIZONTE, Brazil, April 24, 2023 (GLOBE NEWSWIRE) -- Renato Couto Gomes (the “Seller”), a member of Verde’s Board of Directors, informs that he has sold 179,900 shares (the “Shares”) of Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (the “Verde” or “Company”) as part of a margin call.
The Shares were pledged against a margin loan made to Mr. Gomes by a financial institution that executed the Shares sale after Verde's shares declined below a certain market price. Mr. Gomes continues to hold over 250,000 shares of Verde.
"It is with regret that I have been forced to sell shares in Verde to cover a loan facility, which has now been closed. No further sale of Verde shares is required, nor do I have any plans to sell Verde shares for the foreseeable future," declared Mr Gomes. "As a holder of Verde shares since its initial public offering, back in 2007, in a direct reflection of my long-term commitment, only once before had I sold securities in the Company. My confidence in Verde's business fundamentals and growth prospects remain as strong as ever."
Additional Information
To obtain a copy of the report filed pursuant to applicable securities regulations in connection with the foregoing, please contact:
Andrew Newbury
DSA Corporate Services Inc.
82 Richmond St East
Toronto, ON M5C 1P1, Canada T (416) 848 – 6869 | F (416) 848 – 0790 |
