REG - Woodbois Limited - Exercise of Options

WoodboisAnnouncement

10/08/2022 09:00

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RNS Number : 5447V  Woodbois Limited  10 August 2022

10 August 2022

Woodbois Limited

 

("Woodbois", the "Group" or the "Company")

 

Exercise of Options

Woodbois, the African focused sustainable forestry and timber trading
company, has received a request to exercise 2,000,000 options under the
Company's Share Option Plan into Voting Ordinary Shares in the Company (the
"Exercise"). The Exercise will be effective on Admission (as defined below).

Application has been made to the London Stock Exchange for the admission to
trading of the 2,000,000 new Voting Ordinary Shares resulting from the
Exercise, which is expected on 15 August 2022 ("Admission").

Following Admission, the Company's total number of Ordinary Shares in issue
will be 2,489,988,873 and this will consist of 2,079,988,873 Voting Ordinary
Shares and 410,000,000 Non-Voting Ordinary Shares. The aforementioned figure
of 2,079,988,873 Voting Ordinary Shares may be used by shareholders in the
Company as the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to their
interest in the Company under the Financial Conduct Authority's Disclosure
Guidance and Transparency Rules.

 

Enquiries:

Woodbois Limited
 
 + 44 (0)20 7099 1940

Paul Dolan - Chief Executive Officer

Carnel Geddes - Chief Financial Officer

Canaccord Genuity, Nominated Advisor           + 44 (0)20 7523 8000

Henry Fitzgerald-O'Connor

James Asensio

Gordon Hamilton

 

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