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OBT Obtala

6.90
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Obtala LSE:OBT London Ordinary Share GG00B4WJSD17 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.90 6.80 7.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Obtala Limited Further re Issue of Equity and Warrants (0869K)

04/07/2017 12:55pm

UK Regulatory


Obtala Resources (LSE:OBT)
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TIDMOBT

RNS Number : 0869K

Obtala Limited

04 July 2017

04 Jul 2017

Obtala Limited

("Obtala", the "Group" or the "Company")

(AIM: OBT)

Further re Issue of Equity and Warrants

Further to the announcement of 2 May 2017, Obtala Limited (AIM: OBT), the African focused agricultural and forestry company, announces that the cash subscription proceeds in respect of the amended subscription agreement announced on 2 May 2017 have not yet been received in full.

The Company has received approximately 5% of cash proceeds in good faith whilst settlement transfer issues are expected to be resolved within the next 20-30 business days and subscription completed. Discussions continue with a view to completing the subscription and a further announcement will be made in due course.

 
Obtala Limited 
 Miles Pelham - Chairman 
 Paul Dolan - CEO 
 www.obtala.com                               +44 (0)20 7099 1940 
ZAI Corporate Finance Limited (Nomad) 
 John Treacy / Ray Zimmerman                  +44 (0)20 7060 2220 
Brandon Hill Capital (Joint Broker) 
 Jonathan Evans                               +44 (0)20 3463 5000 
 
 Beaufort Securities Limited (Joint Broker) 
 Jon Belliss                                   +44 (0)20 7382 8300 
 

This announcement contains information which was previously inside information for the purposes of Article 7 of the Market Abuse Regulation EU Regulation 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

FURSSFFFLFWSEIW

(END) Dow Jones Newswires

July 04, 2017 07:55 ET (11:55 GMT)

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