Woodbois Limited Director/PDMR Shareholding (9955M)
26 Mai 2022 - 06:55PM
UK Regulatory (RNS & others)
TIDMWBI
RNS Number : 9955M
Woodbois Limited
26 May 2022
26(th) May 2022
Woodbois Limited
("Woodbois", the "Group" or the "Company")
PDMR Shareholding
Holdings in Company
Woodbois, the African focused sustainable forestry and timber
trading company, has been informed by Lombard Odier Asset
Management (Europe) Limited, a person closely associated ("PCA")
with Henry Turcan, a Non-Executive Director of the Company, has
sold 30,000,000 Voting Ordinary Shares and now holds 16.40% of the
Voting Ordinary Shares. Full details are set out below.
Details of the Person discharging managerial responsibilities
1. ("PDMR") / person closely associated with them ("PCA")
a) Name Lombard Odier Asset Management (Europe)
Limited
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Reason for the notification
2.
----------------------------------------------------------------------------
a) Position / status Person closely associated with Henry Turcan
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b) Initial notification Initial notification
/ amendment
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Details of the issuer, emission allowance market participant,
3. auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name Woodbois Limited
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b) Legal Entity Identifier 2138001U7SLCSRKV3P06
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Details of the transaction(s): section to be repeated for
4. (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 Ordinary Shares
financial instrument
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b) Nature of the transaction Sale
------------------------------ --------------------------------------------
c) Price(s) and volume(s) D ate Price(s) Volume(s)
24/05/2022 0.065p 25,000,000
24/05/2022 0.065p 5,000,000
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d) Aggregated information Price(s) Volume(s) Total
* Aggregated volume 0.065p 30,000,000
----------- -----
* Aggregated price
* Aggregated total
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e) Date of the transaction 24 May 2022 (UK)
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f) Place of the transaction London Stock Exchange, AIM
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Enquiries:
Woodbois Limited
Paul Dolan - Chief Executive
Officer
Carnel Geddes - Chief Financial + 44 (0)20 7099
Officer 1940
Canaccord Genuity, Nominated
Advisor
Henry Fitzgerald-O'Connor
James Asensio + 44 (0)20 7523
Gordon Hamilton 8000
Background on Woodbois
Woodbois Limited (AIM:WBI) is an African-focused forestry
company, divided into three distinct, but highly complementary
divisions comprising the production and supply of sustainable
African hardwood products, the trading of hardwood and hardwood
products, and a reforestation and carbon credit division.
Woodbois' forestry division has production facilities in Gabon
and Mozambique, managing a total of c470,000 hectares of natural
forest concessions. The trading division comprises a highly
experienced team of timber specialists, who source and supply
sustainable timber to a global customer base. Its proprietary
technology developed in house, captures, stores and presents data,
providing a matching engine to build scale and optimise trading
opportunities with its global customer base.
The Company's carbon sequestration and trading division was
formed in March 2021 and aims to generate voluntary carbon credits
for corporate partners through the delivery of large-scale
reforestation projects.
The Company's focus on the transparency and sustainability of
its timber operations has been recognised by The Zoological Society
of London, which ranked Woodbois joint sixth in its Sustainability
Policy Transparency Toolkit ('SPOTT") ESG policy transparency
assessments for the worldwide timber and pulp industries for
2021.
Please follow the Company on Twitter: @WoodboisLtd
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END
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May 26, 2022 12:55 ET (16:55 GMT)
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