REG - Obtala Limited - Update re: Nominated Adviser
RNS Number : 1021IObtala Limited21 November 2018
21 November 2018
Obtala Limited
("Obtala" or the "Company")
(AIM: OBT)
Update re: Nominated Adviser
The Directors of Obtala are pleased to announce that further to the Company's announcement of 1 November 2018, the Company has identified a replacement Nominated Adviser ("Nomad") and the due diligence process, which is required to be undertaken on the Company, has commenced.
Although no guarantees can be given at this stage, the Company's Directors are pleased with the progress made to date and are confident that Obtala will be in a position to announce the appointment of the new Nomad in advance of 1 February 2019.
A further announcement will be made in due course.
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR").
Obtala Limited
Miles Pelham - Chairman
Paul Dolan - CEO
+44 (0)20 7099 1940
Northland Capital Partners Ltd (Nomad and Broker)
David Hignell/ Dugald J. Carlean/ Domile Andruskeviciute
+44 (0)20 3861 6625
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