Woodbois Limited Posting of documents in relation to Placing (2625T)
16 Julio 2020 - 9:15AM
UK Regulatory
TIDMWBI
RNS Number : 2625T
Woodbois Limited
16 July 2020
16 July 2020
Woodbois Limited
("Woodbois" or the "Company")
(AIM: WBI)
Posting of documents in relation to the Proposed Placing and
Debt Restructuring
Updated disclosure regarding significant shareholding
Woodbois Limited (AIM: WBI), the African focused forestry and
timber trading company, announces that the Circular as referenced
in the "Proposed Placing and Debt Restructuring" announcement dated
14 July 2020, will today be sent to shareholders together with a
notice of a General Meeting which is to be held at the Company's
registered office Dixcart House, Sir William Place, St Peter Port,
Guernsey GY1 1GX at 10 a.m. on 5 August 2020. Copies of the
Circular and notice of General Meeting are now available from the
Company's website, www.woodbois.com .
Significant shareholder disclosure:
Further to the announcement dated 15 July 2020, the current
shareholding of Miles Pelham (including his affiliates) is
80,790,283 Ordinary Shares as opposed to the number disclosed on
the 15 July 2020. The Circular posted today contains the up to date
number of Ordinary Shares held by Miles Pelham. The Company is also
aware that Miles Pelham (or his affiliates) acquired on 15 July
2020 a further US$2.8 million worth of Convertible Bonds. As
disclosed on 14 July 2020, the Company is in discussion with
holders of the Convertible Bonds regarding the potential conversion
of further Convertible Bonds into Non-Voting Ordinary Shares. A
Further announcement will be made in due course as necessary.
Terms and definitions used in this announcement shall have the
same meaning as ascribed to them in the announcement dated 14 July
2020 unless otherwise stated.
Enquiries:
Woodbois Limited
Paul Dolan - Chairman and CEO
www.woodbois.com
+44 (0)20 7099 1940
Canaccord Genuity (Nominated Adviser and Broker)
Henry Fitzgerald-O'Connor
James Asensio
Thomas Diehl
+44 (0)20 7523 8000
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contact rns@lseg.com or visit www.rns.com.
END
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