TIDMOBT

RNS Number : 4686S

Obtala Limited

02 October 2017

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          Ordinary Shares 
      instrument 
                                                                 OBT LN 
      Identification code                                        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 1,599 OBT LN 
                                                                basis 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)         Volume(s) 
                                                                 ---------------  ------------------ 
                                                                  $350 per share   286 Argento Prefs 
                                                                 ---------------  ------------------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                                        7,072 Argento Prefs 
 
       - Price                                                    $350 per share 
---  --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   02/10/2017 
---  --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary Shares 
      instrument 
                                                                 OBT LN 
      Identification code                                        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 1,599 OBT LN basis 
---  --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                     Price(s)         Volume(s) 
                                                                 ---------------  ------------------ 
                                                                  $350 per share   286 Argento Prefs 
                                                                 ---------------  ------------------ 
---  --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume                                        1,001 Argento Prefs 
 
       - Price                                                    $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 
 Martin Collins - Deputy Chairman 
 www.obtala.com                              +44 (0)20 7099 1940 
ZAI Corporate Finance Limited (Nomad) 
 John Treacy                                 +44 (0)20 7060 2220 
Brandon Hill Capital (Joint Broker) 
 Jonathan Evans                              +44 (0)20 3463 5000 
Beaufort Securities Limited (Joint Broker) 
 Jon Belliss                                 +44 (0)20 7382 8300 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 02, 2017 11:33 ET (15:33 GMT)

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