AIM Rule 26

Description of the business

See History and Background

The names of the directors and biographical details

See Board

Directors' responsibilities & Committees

See Governance

Country of incorporation and main country of operation

Obtala Resources Plc is incorporated in England & Wales (Registration Number 6458554) with its main area of operation being East Africa.

Current constitutional documents

Please click on the link below for the Articles of Association

Details of any other exchanges or trading platforms

The Company is not listed on any other exchanges or trading platforms.

Number of securities in issue

See summary section in Share Price & RNS

Major Shareholders

As at 16 March 2010, shareholders holding more than 3% of the share capital of Obtala Resources Plc were

* Francesco Scolaro is the controlling shareholder of Grandinex, which will hold 70,000,000 ordinary shares at Admission

Shares not in Public hands

In the terms of the AIM Rules published February 2010 and insofar as it is aware, at 27 July 2010, 42.08% of the Company's AIM securities were not held in
public hands. 

Details of any restrictions on the transfer of securities

The following is an abstract from the Admission Documentwhere full details of the Lock-Ins and Orderly Market Arrangements can be found.

Pursuant to the terms of the lock-in arrangements:

The Directors, Ora Capital Partners Plc, Grandinex International Limited and Annabel Ede-Golightly have agreed (under the terms of the Placing Agreement in the case of the Directors) that they will not (save in certain specific circumstances in accordance with the AIM Rules for Companies) dispose of, or agree to dispose of any Ordinary Shares or interests in Ordinary Shares for a period of one year following Admission, and then for a further period of one year thereafter, to only dispose of Ordinary Shares through the Company's broker from time to time, in a such manner as the broker may reasonably require in order to maintain a orderly market in the Ordinary Shares of the Company.

Financial information

See Financial statements

Company announcements

See Share Price & RNS

Admission document

Please click on the link below to access the Company's Admission Document dated 24 April 2008.

Shareholder Circulars

Will be posted as/when issued

Advisers