Woodbois Regulatory News (WBI)

23 Mar 2017

Obtala Limited

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

(AIM: OBT)

Board Changes

Obtala Limited (AIM: OBT), the African focused agricultural and forestry company, is pleased to announce the appointment of Ms. Jessica Camus to the Board in the role of Non-executive Director with immediate effect.

Jessica brings extensive experience facilitating public private partnerships working with leaders from private sector, government and civil society globally, and across Sub-Saharan Africa. Jessica, aged 33, specialises in accelerating growth and impact for socially responsible business in frontier markets. Previously an Associate Director at the World Economic Forum, developing numerous initiatives and programmes on building entrepreneurship ecosystems, innovation and gender. Former Financial Market Executive at Thomson Reuters; Jessica has held various assignments in international organizations. Jessica holds an MA from the Graduate Institute of International Relations & Development Studies, Geneva and an MBA from the IE Business School, Madrid.

Jessica's primary responsibilities will be the Company's strategic engagement with multilateral organizations, civil society and key funding partners of socially impactful programmes in Africa.

Miles Pelham, Chairman of Obtala, commented "I am delighted to welcome Jessica to the Board of Obtala and look forward to her contribution and guidance with regard to our social impact responsibilities.

"Jessica joins Obtala at a time of rapid expansion and it is of the utmost importance that the pace of this expansion does not leave behind our strong commitment to ethical standards. Jessica will immediately help by devising programmes that economically empower local communities and making sure that impact measurement is an integral part of our reporting processes.

"All stakeholders should welcome Jessica's appointment which will amplify Obtala's social impact efforts. The policies, programmes and processes to be implemented

will aim to contribute to profound positive change in the communities in which we operate."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Other Information 

Directorships and partnerships currently held or previously held in the last five years by Jessica Camus are as follows:

Current: Ignis Consulting Sarl, Partner and Managing Director since June 2016

Ms. Camus (full name Adele Jessica Cynthia Engie Camus-Demarche, née Dyllick-Brenzinger) holds no shares in Obtala Limited or in any Obtala group company.

There are no further disclosures to be made pursuant to Schedule 2(g) or Rule 17 of the AIM Rules for Companies.