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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Woodbois Limited | LSE:WBI | London | Ordinary Share | GG00B4WJSD17 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.005 | 0.80% | 0.63 | 0.62 | 0.64 | 0.635 | 0.625 | 0.625 | 10,329,880 | 12:01:51 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Chem,fertlizer Minrl Mng,nec | 23.11M | -111.19M | -0.0302 | -0.21 | 23.22M |
From Apr 2019 to Apr 2024
TIDMOBT
RNS Number : 5653X
Obtala Resources Limited
20 November 2014
20 November 2014
Obtala Resources Limited
("Obtala" or the "Company")
(AIM: OBT)
Exercise of Call Option Over Paragon Diamonds Limited
Obtala Resources Limited (AIM:OBT), the emerging agri-processing, farming and timber company, announces that further to the announcement of the 27(th) August 2014, Titanium Capital Investments Limited ("Titanium") has exercised the call option of 60 million shares held in Paragon Diamonds Limited ("Paragon") by the Company.
Titanium has requested and Obtala has agreed that the settlement of the call option will be made in two tranches. Payment for and transfer of an initial tranche of 24,000,000 shares (with a payment of GBP780,000) will be made on the earliest practicable settlement date following the service of the Exercise Notice, with the outstanding settlement of the second tranche of 36,000,000 shares (with a payment of GBP1,170,000) being made on 1 March 2015. The date of the settlement of the second tranche is conditional on Paragon receiving shareholder approval for the buyback of the Lanstead shares as previously announced by Paragon on the 11th and 14th November 2014. If the required shareholder approval is not granted then settlement of the second tranche will take place as soon as reasonable practical after the 11th December 2014.
Obtala Resources Francesco Scolaro - Chairman Simon Rollason - Managing Director www.obtalaresources.com +44 (0) 20 7099 1940 ZAI Corporate Finance Limited (Nomad) +44 (0)20 7060 2220 Richard Morrison Ray Zimmerman Fox-Davies Capital (Broker) +44 (0)20 3463 5000 Daniel Fox-Davies Jonathan Evans Square 1 Consulting (Public Relations) +44 (0)20 7929 5599 David Bick Mark Longson
This information is provided by RNS
The company news service from the London Stock Exchange
END
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