Obtala Limited Statement re: joint broker (5668G)
March 02 2018 - 7:09AM
UK Regulatory
TIDMOBT
RNS Number : 5668G
Obtala Limited
02 March 2018
2 March 2018
Obtala Limited
("Obtala" or the "Company")
(AIM: OBT)
Statement re: joint broker
Obtala Limited (AIM: OBT), the African focused agricultural and
forestry company, notes the Financial Conduct Authority's ("FCA")
announcement today regarding Beaufort Securities Limited ("BSL")
and Beaufort Asset Clearing Services Limited (the "Firms") being
placed into insolvency.
The FCA's announcement disclosed that the FCA has imposed
requirements requiring the Firms to cease all regulatory activity.
BSL were a joint broker to Obtala. As a result of the requirements
imposed by the FCA, BSL will no longer be able to provide broking
services to Obtala.
Northland Capital Partners continue to act as nominated adviser
and joint broker to Obtala and Brandon Hill continue to act as
joint broker.
This Announcement contains inside information for the purposes
of Article 7 of the Regulation (EU) 596/2014.
Obtala Limited
Miles Pelham - Chairman
Paul Dolan - CEO
Martin Collins - Deputy Chairman
www.obtala.com +44 (0)20 7099 1940
Northland Capital Partners Ltd (Nomad and Joint Broker)
Tom Price
David Hignell +44 (0)20 3861 6625
Brandon Hill Capital (Joint Broker)
Jonathan Evans +44 (0)20 3463 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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