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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 |
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
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(END) Dow Jones Newswires
July 04, 2017 07:55 ET (11:55 GMT)
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