Picture of Woodbois logo

WBI Woodbois News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsHighly SpeculativeMicro CapNeutral

REG - Obtala Limited - Statement re: joint broker <Origin Href="QuoteRef">OBT.L</Origin>

 
RNS Number : 5668G
Obtala Limited
02 March 2018

2 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 - CEO

Martin Collins - Deputy Chairman

www.obtala.com

+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 RNS
The company news service from the London Stock Exchange
END
STRJTMJTMBMMBRP

Recent news on Woodbois

See all news