16th Apr 2015 09:18
LONDON (Alliance News) - Obtala Resources Ltd Thursday said it has appointed Stephen Murphy as its executive deputy chairman.
Murphy is an adviser to Qalaa Holdings, the Egyptian private equity investor.
"Obtala Resources is moving rapidly to expand its very promising Forestry and Agriculture activities in Mozambique and Tanzania. We welcome Stephen's extensive experience, insights and strong relationships with some of the world's leading investors and businesses in Africa," said Obtala Chairman Francesco Scolaro.
Shares in Obtala were down 3.8% to 9.5 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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