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WBI Woodbois Limited

0.78
-0.045 (-5.45%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  -0.045 -5.45% 0.78 0.76 0.80 0.825 0.76 0.825 5,328,465 10:46:53
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chem,fertlizer Minrl Mng,nec 23.11M -111.19M -0.0302 -0.26 28.75M

Woodbois Limited Posting of documents in relation to Placing (2625T)

16/07/2020 3:15pm

UK Regulatory


Woodbois (LSE:WBI)
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TIDMWBI

RNS Number : 2625T

Woodbois Limited

16 July 2020

16 July 2020

Woodbois Limited

("Woodbois" or the "Company")

(AIM: WBI)

Posting of documents in relation to the Proposed Placing and Debt Restructuring

Updated disclosure regarding significant shareholding

Woodbois Limited (AIM: WBI), the African focused forestry and timber trading company, announces that the Circular as referenced in the "Proposed Placing and Debt Restructuring" announcement dated 14 July 2020, will today be sent to shareholders together with a notice of a General Meeting which is to be held at the Company's registered office Dixcart House, Sir William Place, St Peter Port, Guernsey GY1 1GX at 10 a.m. on 5 August 2020. Copies of the Circular and notice of General Meeting are now available from the Company's website, www.woodbois.com .

Significant shareholder disclosure:

Further to the announcement dated 15 July 2020, the current shareholding of Miles Pelham (including his affiliates) is 80,790,283 Ordinary Shares as opposed to the number disclosed on the 15 July 2020. The Circular posted today contains the up to date number of Ordinary Shares held by Miles Pelham. The Company is also aware that Miles Pelham (or his affiliates) acquired on 15 July 2020 a further US$2.8 million worth of Convertible Bonds. As disclosed on 14 July 2020, the Company is in discussion with holders of the Convertible Bonds regarding the potential conversion of further Convertible Bonds into Non-Voting Ordinary Shares. A Further announcement will be made in due course as necessary.

Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the announcement dated 14 July 2020 unless otherwise stated.

Enquiries:

Woodbois Limited

Paul Dolan - Chairman and CEO

www.woodbois.com

+44 (0)20 7099 1940

Canaccord Genuity (Nominated Adviser and Broker)

Henry Fitzgerald-O'Connor

James Asensio

Thomas Diehl

+44 (0)20 7523 8000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCEALXKFEAEEFA

(END) Dow Jones Newswires

July 16, 2020 10:15 ET (14:15 GMT)

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