Woodbois Ltd - Guernsey, UK-based forestry management firm - Postpones repayment on a loan from Copenhagen-based financial service provider Nykredit Bank AS. Woodbois seeks a settlement agreement with the Danish bank, which on January 10 terminated a debt facility to subsidiary firm, Woodbois International APS. Read More
Woodbois Ltd - Guernsey-registered, Africa-focused timber technology firm - Names Lucas Kanme as chief executive officer, with immediate effect. Kanme previously held senior positions with Canadian firms, focusing on the small-cap market, and executive roles in the private equity and IT sales industry. Read More
Woodbois Ltd - Guernsey-registered, Africa-focused timber technology firm - Says the board now comprises of two independent non-executive directors, following the resignation of Chief Executive Officer & Executive Chair Guido Theuns and Chief Financial Officer Johannes Bloemen at the end of December. It expects to appoint a management company "shortly" to support its business in Gabon, and is working to replace the two former executive directors with "lasting appointments that ensure the long-term success of the company". The firm says it is focused on restarted production, which was delayed due to "congestion in our internal logistics chain". It continues to target a production level of up to 50 containers per month, which it aims to achieve by late Spring. Read More
Woodbois Ltd - Guernsey-registered, Africa-focused timber technology firm - Reports the resignation of Chief Executive Officer & Executive Chair Guido Theuns, plus Chief Financial Officer Johannes Bloemen. Both resignations are effective immediately. Woodbois is yet to provide reasons for the pair's exit or to specify their successors. The company is planning a further announcement "as soon as practiceable". Read More
(Alliance News) - Woodbois Ltd on Monday said key international clients had placed total orders valued at around USD4.5 million. Read More
Woodbois Ltd - Guernsey-registered timber technology firm - Raises GBP1 million from an equity raise but says its two major shareholders decline the company's offer to participate for a further GBP200,000. Axis Capital Markets Ltd subscribes for 476.2 million shares at 0.21 pence on behalf of its clients, Woodbois says on Tuesday. The new shares represent 10% of the existing total prior to the raise. Woodbois offers a further subscription at the same price for up to GBP200,000 for its "significant shareholders". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Woodbois Ltd on Friday said that it has raised gross proceeds of GBP1 million through a subscription, for 357.1 million new shares at 0.28 pence each. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Woodbois Ltd - Guernsey-based timber technology - Says it "believes" the holding in Woodbois of CHCH Ventures FZ - LLC has fallen below the level of notifiable interest. CHCH Ventures is the investment vehicle of Hugh Wade-Jones, the founder of Enness Global, a debt-advisory business, and of Guernsey based private debt specialist Tenn Capital, a partnership with US hedge fund Elliott Management. Back in June of last year, CHCH Ventures owned just under 22% of Woodbois following a share subscription. This had reduced to 15% by June of this year and to 4.9% late last month. Woodbois on Monday says, "as in the past, the company has not received any formal notification from CHCH" about the further reduction in the CHCH stake. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in August so far and not separately reported by Alliance News: Read More
(Alliance News) -Woodbois Ltd on Friday said it emerges with a "more streamlined focus and a solidified strategy" after what the firm described as one of the most challenging years in its history. Read More
(Alliance News) - Woodbois Ltd on Monday said it has inked a USD5 million trade finance facility with a Dubai family office. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Woodbois Ltd shares rose on Wednesday, after it announced plans to exit Mozambique and focus on its core business in Gabon. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
Woodbois Ltd - Guernsey-based maker of sustainable timber products - Agrees two injections of fresh funds, which it will use to step-up production in Gabon in a drive to profitability this year. Woodbois signs the term sheet for a USD5 million trade finance facility that it first announced late in December. The amount is higher than the USD3.5 million originally announced. Woodbois says the trade facility will be used to start a second shift at the Mouila sawmill in Gabon and to increase veneer production. Read More
(Alliance News) - Woodbois Ltd on Friday said its chief executive officer has resigned immediately, as it integrates the roles of CEO and chair. Read More