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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | -2.82% | 0.345 | 0.34 | 0.35 | 0.355 | 0.34 | 0.355 | 10,475,230 | 11:35:38 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Chem,fertlizer Minrl Mng,nec | 23.11M | -111.19M | -0.0282 | -0.12 | 14.01M |
From Jul 2019 to Jul 2024
TIDMWBI
RNS Number : 6206G
Woodbois Limited
25 July 2019
25 July 2019
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.
Woodbois Limited
("Woodbois", the "Group" or the "Company")
(AIM: WBI)
Warrant Amendment
Further to the announcement made on the 10(th) January 2019, the 1798 Volantis Fund Ltd, a fund managed on a discretionary basis by Lombard Odier Asset Management group, has agreed to vary the redemption terms for their investment under the ITF facility to a redemption date no earlier than 16(th) July 2020 in exchange for the amendment of the strike price of 40 million warrants from GBP0.10 to GBP0.08.
The fund is a substantial shareholder of the Company and so the transaction is classified as a related party transaction under the AIM Rules for Companies. The directors (other than Henry Turcan, who is an employee of Lombard Odier Asset Management and so is precluded from taking part in deliberations), having consulted with Arden Partners, nominated adviser, consider that the terms of the transaction are fair and reasonable insofar as shareholders are concerned.
Woodbois Limited Kevin Milne - Interim Chairman Paul Dolan - CEO www.woodbois.com +44 (0)20 7099 1940 Arden Partners Plc (Nominated adviser and broker) Tom Price Maria Gomez de Olea +44 (0)20 7614 5900
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
MSCSEWFLLFUSEIW
(END) Dow Jones Newswires
July 25, 2019 02:00 ET (06:00 GMT)
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