Social Stock Exchange - Year Two Admission

RNS Number : 0833O

Obtala Limited

02 November 2016

 

02 Nov 2016

Obtala Limited

("Obtala", the "Group" or the "Company")

(AIM: OBT)

Social Stock Exchange - Year Two Admission

Obtala Limited, the African focused agricultural and forestry company, is pleased to announce that following the successful review of their year two Impact Report, Obtala has been approved by the Admissions Panel as an ongoing member of the Social Stock Exchange (SSX).

The submission of the year two Impact Report is part of the ongoing admissions obligations of membership of the SSX.  The Admissions Panel is independent and is made up of finance and social sector experts who provide the necessary trust, authority and oversight.  Membership of the SSX continues to allow us to be part of a leadership group of businesses dedicated to social and environmental change, while allowing increased visibility through a unique capital markets platform and enhanced access to a growing community of investors aligned with the company's vision.  The SSX also provides a unique framework for disclosing both financial and impact performance and a transparent and highly regulated secondary market.

Chairman Miles Pelham commented, "Obtala takes its commitment to sustainability seriously, and as such we are delighted this has been recognised and we retain our membership of the SSX.

As we further develop our African operations we acknowledge that our opportunity to create positive social impact within the communities in which we operate will bring with it additional responsibilities, which we will embrace in line with our mission to deliver returns in a sustainable and ethical manner to the benefit of all stakeholders.

Obtala Resources Miles Pelham - Chairman Paul Dolan - CEO www.obtala.com	[phone]
Brandon Hill Capital  (Broker)      Jonathan Evans	[phone]

 

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