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Viridas PLC (PRS)

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Thursday 09 August, 2007

Viridas PLC


Viridas PLC
09 August 2007

                                  VIRIDAS PLC
               (the 'Company', formerly Caldwell Investments plc)

                       Placing of 846,000 Ordinary Shares

Viridas plc announces that it has successfully completed a further placing of
846,000 Ordinary Shares of 10 pence each (the 'New Shares') at a placing price
of 12.5 pence per share, which compares with the middle market price of 12 pence
per share at the close of business on 6 August 2007.

Application is being made for the New Shares to be admitted to trading on the
AIM market of London Stock Exchange plc on 10 August 2007.

The Placing has raised £105,750 before expenses which will provide additional
working capital for the Company and in particular enable the Company to finance
the future development of the Group's biodiesel feedstock project.

Further Information:

Viridas plc:                     Stanley Wootliff - 0113 235 0632
Evolution Securities Limited:    Joanne Lake      - 0113 243 1619

                      This information is provided by RNS
            The company news service from the London Stock Exchange