11th Sep 2018 18:05
LONDON (Alliance News) - Obtala Ltd Chairman Miles Pelham purchased 1.6 million shares at a price of 6.50 pence per share on Tuesday.
Pelham also purchased 1,620 Argento preference shares at USD350 per share. These preference shares are convertible to Obtala ordinary shares on a 1 Argento to 1,786 Obtala share basis.
It has not been disclosed how many shares Pelham now holds in the company following the two deals, which were worth a respective GBP104,000 and USD567,000.
Obtala Deputy Chairman Martin Collins sold 6,733 Argento preference shares at USD350 per share for USD2.4 million.
Shares in Obtala closed flat at 7.30p on Tuesday.
Related Shares:
Obtala Resources Ltd