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IN BRIEF: Woodbois converts USD50,000 in bonds into shares

14th Jun 2022 17:35

Woodbois Ltd - London-headquartered African-focused timber producer - Converts USD50,000 in convertible bonds due 2023 into 1.0 million shares, at an exchange rate of 4.0 pence per share.

The company now has USD1.0 million in bonds outstanding, and 2.48 billion shares issued overall.

Current stock price: 5.93 pence

12-month change: up 8.8%

By Dayo Laniyan; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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Woodbois
FTSE 100 Latest
Value8,809.74
Change53.53