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DIRECTOR DEALINGS: Obtala Chairman Buys Ordinary And Preference Shares

Tue, 11th Sep 2018 18:05

LONDON (Alliance News) - Obtala Ltd Chairman Miles Pelham purchased 1.6 million shares at a price of 6.50 pence per share on Tuesday.

Pelham also purchased 1,620 Argento preference shares at USD350 per share. These preference shares are convertible to Obtala ordinary shares on a 1 Argento to 1,786 Obtala share basis.

It has not been disclosed how many shares Pelham now holds in the company following the two deals, which were worth a respective GBP104,000 and USD567,000.

Obtala Deputy Chairman Martin Collins sold 6,733 Argento preference shares at USD350 per share for USD2.4 million.

Shares in Obtala closed flat at 7.30p on Tuesday.

More News
5 Sep 2018 14:57

Director dealings: Obtala chairman ups stake

(Sharecast News) - Obtala's chairman Miles Pelham purchased 5m ordinary shares in the Africa-focused agricultural and forestry company.

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4 Sep 2018 17:14

DIRECTOR DEALING: Obtala Chairman Buys GBP155,800 Worth Of Shares

LONDON (Alliance News) - Obtala Ltd said Non-Executive Chairman Miles Pelham purchased 3.0 million shares at a price of 5.16 pence on Tuesday.The transaction had a total value of Pelham a

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3 Sep 2018 18:25

Obtala Sinks To Loss With Plans To Review East African Businesses

LONDON (Alliance News) - Obtala Ltd on Monday said it sank to a loss in the first half of 2018 due to profit from an acquisition the year before.The agriculture and forestry company a loss

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9 Jul 2018 14:23

DIRECTOR DEALINGS: Obtala Chairman Buys 750,000 Shares

LONDON (Alliance News) - Obtala Ltd said Monday that Chairman Miles Pelham bought 750,000 shares.Pelham acquired the shares at 7.8 pence each in a deal worth GBP58,500.Shares in the

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4 Apr 2018 17:28

DIRECTOR DEALINGS: Obtala Chairman Subscribes For 2.9 Million Shares

LONDON (Alliance News) - Obtala Ltd said Wednesday that Chairman Miles Christian Pelham subscribed for 2.9 million shares.Pelham's subscribed shares were priced at

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29 Mar 2018 14:57

Obtala Gets Extension To Commence Acquisition Until April 2019

LONDON (Alliance News) - Obtala Ltd on Thursday agreed on a twelve-month extension for serving notice to purchase Nouvelle Scierie Moderne de Sassandra.The investment a

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22 Dec 2016 13:15

Obtala completes sale of majority stake in Lifes' Comfort Solutions

(ShareCast News) - Obtala, the Africa-focused agricultural and forestry company, has completed the disposal of its 72.69%-owned chain of Lifes' Comfort Solutions (LCS) retail outlets in Lesotho. The sale -- to Ristabelz (Pty) Ltd -- was announced in September. "Deferred consideration of $150,000 on

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1 Dec 2016 17:43

Obtala Subsidiary Raises USD14.3 Million Preference Share Investment (ALLISS)

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2 Nov 2016 09:38

Obtala approved for continues listing on Social Stock Exchange

(ShareCast News) - Africa-focused agricultural and forestry company Obtala announced on Wednesday that, following the successful review of its year two Impact Report, it has been approved by the Admissions Panel as an ongoing member of the Social Stock Exchange. The AIM-traded firm said submission o

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26 Oct 2016 16:15

Obtala granted CPI status by Mozambique authorities

(ShareCast News) - Africa-focused agricultural and forestry company Obtala announced on Wednesday that its forestry subsidiary, Argento Mozambique has been awarded CPI status by the Mozambican authorities entitling it to various tax benefits and protections in return for inward investment from the c

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23 Sep 2016 10:21

Obtala sells stake in Lesotho's Lifes Comfort Solutions for $100

(ShareCast News) - AIM listed agricultural and forestry company Obtala sold its stake in Lifes Comfort Solutions retail outlets in Lesotho for just $100 to Rystabelz PTY, the latest divestiture of non-essential business ventures for the company. The company is to dispose 72.69% of its stake in the r

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8 Aug 2016 14:25

Agriculture-Forestry Firm Obtala Resources To Lop Resources From Name

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12 Jul 2016 08:23

Obtala Resources Secures Agriculture Sales Deal With Basic Materials

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30 Jun 2016 14:31

Obtala Resources Forestry Vehicle Gets USD500,000 From Two Investments

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29 Jun 2016 08:55

Obtala Resources 2015 Loss Narrows As It Revamps Management Team

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