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Obtala Shareholders Approve Change Of Name To Woodbois From Thursday

Wed, 20th Mar 2019 13:36

LONDON (Alliance News) - Obtala Ltd on Wednesday said its shareholders have approved a name change of the company to Woodbois Ltd.

Following approval, the change on name will be effective on receipt of the change of name certificate from the Guernsey Registry, which is expected by the company later on Wednesday.

Dealings under the new name and ticker WBI will commence on Thursday.

The Africa-focused forestry firm proposed the name change back in October, as it believes the new name reflects the increasingly apparent strength of the Woodbois brand, which was acquired in July 2017.

Woodbois is a sawn timber trader. It is Denmark based, but all its operations are in Africa.

Obtala shares were trading down 4.2% at 6.80 pence each on Wednesday afternoon.

More News
14 Mar 2019 17:51

Lombard Odier Asset Management Ups Stake In Obtala To 22% (ALLISS)

LONDON (Alliance News) - Obtala Ltd said on Thursday that Lombard Odier Asset Management Europe Ltd has increased its holding in the forestry firm to 22.3% from 16.4% in a transaction on in Obtala

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7 Mar 2019 13:28

Obtala Raises Cash With Shareholder To Invest In Gabon Facilities (ALLISS)

LONDON (Alliance News) - Obtala Ltd on Thursday said it has raised GBP2 million to make investments aimed at improving margins at its facilities in Gabon.The forestry and timber firm has a

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1 Nov 2018 15:12

DIRECTOR DEALINGS: Obtala Chairman Buys GBP32,500 In Shares

LONDON (Alliance News) - Obtala Ltd said Thursday Chairman Miles Pelham bought GBP32,500 worth of shares.Pelham acquired 500,000 shares at 6.5 pence each on Wednesday. His total stake in at

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31 Oct 2018 13:26

DIRECTOR DEALINGS: Obtala Chairman Buys GBP62,000 Worth Of Shares

LONDON (Alliance News) - Obtala Ltd said Wednesday that Chairman Miles Pelham bought GBP62,250 worth of shares in the company.Pelham bought one million shares in the company at 6.2 pence on

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30 Oct 2018 16:50

DIRECTOR DEALINGS: Obtala CEO And Chairman Buy Shares

LONDON (Alliance News) - Obtala Ltd said Tuesday its Chief Executive Officer Paul Tiernan Dolan and Chairman Miles Pelham acquired shares in the company.Pelham bought 1.9 million shares at

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30 Oct 2018 11:44

Obtala To Become Woodbois In Shake-Up Of Operational Structure (ALLIS)

LONDON (Alliance News) - Africa-focused forestry firm Obtala Ltd on Tuesday said it will change its name, as it also made a trio of senior appointments and announced a restructuring and capital to

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2 Oct 2018 10:36

Obtala On Track To Grow Annual Revenue On Higher Timber Output

LONDON (Alliance News) - Obtala Ltd on Tuesday said it expects to achieve revenue growth in 2018 despite revenue remaining unchanged in the third quarter, as sawn timber output improves.The

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13 Sep 2018 17:20

DIRECTOR DEALINGS SUMMARY: Obtala Chairman Buys GBP520,000 In Shares

LONDON (Alliance News) - The following is a summary of director dealings reported in London on Thursday.----------Forestry investor Obtala said Chairman Christian Pelham purchased at

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13 Sep 2018 14:39

DIRECTOR DEALINGS: Obtala Chairman Buys GBP520,000 In Shares

LONDON (Alliance News) - Forestry investor Obtala Ltd said Chairman Christian Pelham purchased 8.0 million shares at a price of 6.50 pence per share on Wednesday.It has not been disclosed

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11 Sep 2018 18:05

DIRECTOR DEALINGS: Obtala Chairman Buys Ordinary And Preference Shares

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

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11 Sep 2018 16:30

Director dealings: Obtala chairman increases stake in firm

(Sharecast News) - Obtala chairman Miles Pelham purchased 1.6m ordinary shares in the AIM-listed timber trading firm on Tuesday.

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10 Sep 2018 14:59

DIRECTOR DEALINGS: Obtala Chairman Buys Argento Preference Shares

LONDON (Alliance News) - Agricultural and forestry company Obtala Ltd said Chairman Miles Pelham purchased 286 preference shares in Argento Ltd shares at a price of USD350 per share on shares are

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5 Sep 2018 17:39

DIRECTOR DEALINGS SUMMARY: Obtala Chairman Buys GBP250,000 In Shares

LONDON (Alliance News) -The following is a summary of director dealings reported in London on Wednesday.----------Agricultural investment company Obtala said Chairman Miles Christian

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5 Sep 2018 17:04

DIRECTOR DEALINGS: Obtala Chairman Buys GBP250,000 Worth Of Shares

LONDON (Alliance News) - Agricultural investment company Obtala said Chairman Miles Christian Pelham purchased 5.0 million shares at a price of 5.00 pence per share on Wednesday.The had a

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