Major Shareholding Notification • Dec 2, 2016
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 8198Q
Obtala Limited
02 December 2016
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Miles Christian Pelham
2
Reason for the notification
a)
Position/status
Chairman
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Obtala Limited
b)
LEI
2138001U7SLCSRKV3P06
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares
OBT LN
ISIN GG00B4WJSD17
b)
Nature of the transaction
Subscription for/acquisition of Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| $350 per share NA - conversion of Meradell (2) Ltd shares |
4,286 Argento Prefs 2,500 Argento Prefs |
d)
Aggregated information
- Aggregated volume
- Price
6,786 Argento Prefs
NA
e)
Date of the transaction
01/12/2016
f)
Place of the transaction
London
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Paul Tiernan Dolan
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Obtala Limited
b)
LEI
2138001U7SLCSRKV3P06
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares
OBT LN
ISIN GG00B4WJSD17
b)
Nature of the transaction
Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| $350 per share | 715 Argento Prefs |
d)
Aggregated information
- Aggregated volume
- Price
715 Argento Prefs
$350 per share
e)
Date of the transaction
01/12/2016
f)
Place of the transaction
London
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Warren Edmund Deats
2
Reason for the notification
a)
Position/status
Chief Operating Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Obtala Limited
b)
LEI
2138001U7SLCSRKV3P06
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares
OBT LN
ISIN GG00B4WJSD17
b)
Nature of the transaction
Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| $350 per share | 715 Argento Prefs |
d)
Aggregated information
- Aggregated volume
- Price
715 Argento Prefs
$350 per share
e)
Date of the transaction
01/12/2016
f)
Place of the transaction
London
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Francesco Scolaro
2
Reason for the notification
a)
Position/status
Non-executive Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Obtala Limited
b)
LEI
2138001U7SLCSRKV3P06
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary Shares
OBT LN
ISIN GG00B4WJSD17
b)
Nature of the transaction
Subscription for Argento Ltd Preference Shares which are convertible into Obtala Ltd ordinary shares on a 1 Argento to 1,435 OBT LN basis
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| $350 per share | 429 Argento Prefs |
d)
Aggregated information
- Aggregated volume
- Price
429 Argento Prefs
$350 per share
e)
Date of the transaction
01/12/2016
f)
Place of the transaction
London
| Obtala Limited Miles Pelham - Chairman Paul Dolan - CEO www.obtala.com |
+44 (0)20 7099 1940 |
| ZAI Corporate Finance Limited (Nomad) Peter Trevelyan-Clark/John Treacy/Jamie Spotswood |
+44 (0)20 7060 2220 |
This information is provided by RNS
The company news service from the London Stock Exchange
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