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REG - Obtala Limited - Director/PDMR Shareholding <Origin Href="QuoteRef">OBT.L</Origin>

RNS Number : 8198Q
Obtala Limited
02 December 2016

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Miles Christian Pelham

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Obtala Limited

b)

LEI

2138001U7SLCSRKV3P06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

OBT LN

ISIN GG00B4WJSD17

b)

Nature of the transaction

Subscription for/acquisition of Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$350 per share

NA - conversion of Meradell (2) Ltd shares

4,286 Argento Prefs

2,500 Argento Prefs

d)

Aggregated information

- Aggregated volume

- Price

6,786 Argento Prefs

NA

e)

Date of the transaction

01/12/2016

f)

Place of the transaction

London



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Tiernan Dolan

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Obtala Limited

b)

LEI

2138001U7SLCSRKV3P06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

OBT LN

ISIN GG00B4WJSD17

b)

Nature of the transaction

Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$350 per share

715 Argento Prefs

d)

Aggregated information

- Aggregated volume

- Price

715 Argento Prefs

$350 per share

e)

Date of the transaction

01/12/2016

f)

Place of the transaction

London



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Warren Edmund Deats

2

Reason for the notification

a)

Position/status

Chief Operating Officer

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Obtala Limited

b)

LEI

2138001U7SLCSRKV3P06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

OBT LN

ISIN GG00B4WJSD17

b)

Nature of the transaction

Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$350 per share

715 Argento Prefs

d)

Aggregated information

- Aggregated volume

- Price

715 Argento Prefs

$350 per share

e)

Date of the transaction

01/12/2016

f)

Place of the transaction

London



1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Francesco Scolaro

2

Reason for the notification

a)

Position/status

Non-executive Director

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Obtala Limited

b)

LEI

2138001U7SLCSRKV3P06

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares

OBT LN

ISIN GG00B4WJSD17

b)

Nature of the transaction

Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis

c)

Price(s) and volume(s)

Price(s)

Volume(s)

$350 per share

429 Argento Prefs

d)

Aggregated information

- Aggregated volume

- Price

429 Argento Prefs

$350 per share

e)

Date of the transaction

01/12/2016

f)

Place of the transaction

London

Obtala Limited

Miles Pelham - Chairman
Paul Dolan - CEO

www.obtala.com

+44 (0)20 7099 1940

ZAI Corporate Finance Limited (Nomad)

Peter Trevelyan-Clark/John Treacy/Jamie Spotswood

+44 (0)20 7060 2220


This information is provided by RNS
The company news service from the London Stock Exchange
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