6th May 2016 13:47
LONDON (Alliance News) - Obtala Resources Ltd, an agricultural and forestry business, on Friday said trading in its shares will move to the London Stock Exchange's SETSqx platform from AIM from Monday next week.
"As our business continues to grow, we are seeing significant interest from investors from outside of the UK. The move to SETSqx is important in this regard as our stock will be available on many more electronic platforms, specifically in the Far East and North America, and as such provide greater liquidity for the benefit of all shareholders," Chairman Miles Pelham said in a statement.
"The ability of investors to use their electronic platforms of choice will allow them to more easily trade our shares and avail themselves of many more order types," Pelham said.
Shares in Obtala were up 6.2% at 9.16 pence Friday.
By Samuel Agini; [email protected]; @samuelagini
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Obtala Resources Ltd