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Woodbois ( (GB:WBI) ) has issued an update.
Woodbois Limited announced the resignation of Paul Shackleton as a non-executive director, effective immediately. In recognition of his significant contributions, Shackleton will receive a payment of £25,000 and 56,818,181 new ordinary shares. This transaction, deemed a related party transaction, has been approved by the independent directors. Following this issuance, the company’s total voting rights will be updated, impacting shareholder calculations under FCA rules.
More about Woodbois
Woodbois Limited is a vertically integrated forestry company focused on the production, processing, and trading of sustainable timber and related products.
Average Trading Volume: 78,577,495
Technical Sentiment Signal: Sell
Current Market Cap: £5.08M
See more data about WBI stock on TipRanks’ Stock Analysis page.