REG - Obtala Limited - Statement re: joint broker <Origin Href="QuoteRef">OBT.L</Origin>
RNS Number : 5668GObtala Limited02 March 20182 March 2018
Obtala Limited
("Obtala" or the "Company")
(AIM: OBT)
Statement re: joint broker
Obtala Limited (AIM: OBT), the African focused agricultural and forestry company, notes the Financial Conduct Authority's ("FCA") announcement today regarding Beaufort Securities Limited ("BSL") and Beaufort Asset Clearing Services Limited (the "Firms") being placed into insolvency.
The FCA's announcement disclosed that the FCA has imposed requirements requiring the Firms to cease all regulatory activity. BSL were a joint broker to Obtala. As a result of the requirements imposed by the FCA, BSL will no longer be able to provide broking services to Obtala.
Northland Capital Partners continue to act as nominated adviser and joint broker to Obtala and Brandon Hill continue to act as joint broker.
This Announcement contains inside information for the purposes of Article 7 of the Regulation (EU) 596/2014.
Obtala Limited
Miles Pelham - Chairman
Paul Dolan - CEOMartin Collins - Deputy Chairman
+44 (0)20 7099 1940
Northland Capital Partners Ltd (Nomad and Joint Broker)
Tom Price
David Hignell
+44 (0)20 3861 6625
Brandon Hill Capital (Joint Broker)
Jonathan Evans
+44 (0)20 3463 5000
This information is provided by RNSThe company news service from the London Stock ExchangeENDSTRJTMJTMBMMBRP
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