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Woodbois Limited Expands Share Capital Following General Meeting

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Woodbois Limited Expands Share Capital Following General Meeting

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Woodbois Limited ( (GB:WBI) ) just unveiled an announcement.

Woodbois Limited announced the successful passing of all resolutions at its General Meeting, leading to the issuance of over 4 billion new ordinary shares and 2.7 billion warrants. This move is expected to enhance the company’s capital structure and potentially increase its market presence, impacting shareholders and stakeholders by altering voting rights and share distribution.

More about Woodbois Limited

Woodbois Limited is an Africa-focused company engaged in forestry, timber trading, and afforestation. The company primarily operates in the timber industry, providing sustainable forestry solutions and trading timber products.

YTD Price Performance: -78.50%

Average Trading Volume: 78,700,536

Technical Sentiment Signal: Buy

Current Market Cap: £3.23M

See more data about WBI stock on TipRanks’ Stock Analysis page.

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