REG - Woodbois Limited - Result of General Meeting and Total Voting Rights

WoodboisAnnouncement

22/04/2025 12:45

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RNS Number : 7064F  Woodbois Limited  22 April 2025

22 April 2025

WOODBOIS LIMITED

("Woodbois" or the "Company")

 

Result of General Meeting

 

Total Voting Rights

 

Woodbois Limited (AIM:WBI), the Africa-focused forestry, timber trading and
afforestation company, announces that at the Company's General Meeting ("GM")
held earlier today, all resolutions were duly passed.

 

Application has been made for an aggregate of 4,038,800,000 new ordinary
shares of 0.01p each ("Ordinary Shares"), comprising 3,660,000,000 Second
Subscription Shares, 328,800,000 Adviser Shares and 50,000,000 Director's
Shares, to be admitted to trading on AIM ("Admission"). It is expected that
Admission, and the commencement of dealings in the 4,038,800,000 new Ordinary
Shares, will take place at 8.00 a.m. on or around 23 April 2025. In addition,
the Company has issued 2,779,500,000 warrants ("Warrants") to subscribe for
new Ordinary Shares in the Company at a price of 0.125 pence per new Ordinary
Share exercisable for a period of 24 months from the date of admission of the
first tranche of the Subscription Shares, being 2 April 2025. Further details
regarding the Warrants are set out in the Company's announcement released at
7.00 a.m. on 28 March 2025.

 

Total Voting Rights

 

Following Admission, the Company's issued and fully paid share capital will
consist of 10,982,979,349 Ordinary Shares, with one voting right per ordinary
share. The Company holds 19,138,147 Ordinary Shares in treasury, therefore the
total number of voting rights in the Company is 10,963,841,202.

 

This figure may be used by Shareholders 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 FCA's
Disclosure Guidance and Transparency Rules.

 

 

Capitalised terms used in this announcement shall have the same meaning as in
the Company's announcement released at 8.00 a.m. on 28 March 2025 unless
otherwise defined herein.

 

Enquiries:

 

 Woodbois Limited

 Lucas Kanme, Chief Executive Officer

 Allenby Capital Limited (Nominated Adviser)  +44 (0)20 3328 5656

 John Depasquale, Piers Shimwell

 Novum Securities (Joint Broker)              +44 (0) 20 7399 9427

 Colin Rowbury, Jon Bellis

 Axis Capital Markets Limited (Joint Broker)  +44 (0) 203 026 0449

 Lewis Jones

 Hobart Capital Markets LLP                   +44 (0) 207 070 5600

 Mike Staten

 

 

 

 

 

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