23rd Mar 2021 14:56
Woodbois Ltd - African focused sustainable forestry and timber trading - Major investor Rhino Ventures Ltd sells 53.1 million voting shares in Woodbois at a price that is not disclosed and then converts 50.0 million of its 675.0 million non-voting shares into voting shares. As a result of the transactions, MCM Investment Partners SPC - MCM Sustainable Resource SP increases its holding of voting shares to 6.7%. Rhino holds 20.1% of voting shares, while the concert party holds 24.6%. Rhino continues to hold all of the Woodbois's 625.0 million non-voting shares.
Current stock price: 6.68 pence
Year-to-date change: more than doubled from 3.20p on December 31
By Tom Waite; [email protected]
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