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Oil Capital
Market: AIM
52-week High/Low: 18.78p / 7.22p
Sector: Agribusiness
Market Cap: 26.38M

The Obtala Group embraces a vertically integrated trading platform with emphasis on sustainable agriculture and forestry through our operations in Tanzania and Mozambique.

Significant capital and time invested has enabled Obtala to become a socially responsible company with strong net tangible assets, near-term profitability with diversified revenue streams. We have the infrastructure...

Obtala Ltd

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Big picture - Why invest in Obtala Ltd

Timber operations
"Don't get fixated on hurdles in Mozambique," is the message; it's a decreasing part of the business. Far more important is securing the trade finance that would enable the company to scale-up

Obtala Ltd Snapshot

For more information on operations in Tanzania, please click here

For more information on operations in Mozambique, please click here

To view the full company presentation on all its operations, please click here


Miles Pelham - Chairman

Miles Pelham is Hong Kong based and has worked in finance for 2 decades, during which time he has held senior investment banking positions at some of the world's largest financial institutions. His experience ranges from running trading desks to bond and financial instrument management.


Paul Dolan - Chief Executive Officer

Paul brings almost 30 years' experience in investment banking and finance, where he consistently built award winning, world-class teams and managed global portfolios in excess of $10billion across asset classes. Paul worked in London and Tokyo, and from 2007- 2012 in Hong Kong, as Nomura's Global Head of Convertible Bonds, Co-head of Equities APAC and Chairman of the committee for Corporate Social Responsibility. In 2014 he founded Dolan Sports Management with the goals of managing the careers and wealth of elite athletes, improving the visibility of female sporting role models and financing sports facilities for the underprivileged.


Warren Deats - Chief Operating Officer

Warren has 15 years' of investment banking experience in Africa, Europe and Asia, and has extensive contacts throughout the continent. His management skills are complimented by 5 years' experience developing a successful Citrus and Pomegranate farm in South Africa. Warren is based in Tanzania from where he oversees our African operations.


Kevin Milne - Non-Executive Director

Kevin is a Chartered Fellow of the CISI, with over 30 years’ experience in Global Financial Services, covering both developed and developing economies. Kevin has extensive experience operating in highly regulated environments including being a member of the Executive Committee of the London Stock Exchange Group. Kevin has held a number of leadership and senior management positions in the financial sector in the UK, Europe, Asia and Australia and has built a wealth of contacts in Global Financial Markets.


Jessica Camus - Non-Executive Director

Jessica brings extensive experience facilitating public private partnerships working with leaders from private sector, government and civil society globally, and across Sub-Saharan Africa. Jessica specialises in accelerating growth and impact for socially responsible business in frontier markets.

She was previously an Associate Director at the World Economic Forum, developing numerous initiatives and programmes on building entrepreneurship ecosystems, innovation and gender and former Financial Market Executive at Thomson Reuters.

Jessica holds an MA from the Graduate Institute of International Relations & Development Studies, Geneva and an MBA from the IE Business School, Madrid

 As at 20th June 2017 shareholders holding more than 3% of the share capital of Obtala Limited were:

Company Holding Percent
BNY (OCS) NOMINEES LIMITED 12,325,000 4.44%
Nomura Custody Nominees Limited 9,734,959 3.51%

Directors Shareholdings as of 20 June 2017

Name  Holding Percent
Frank Scolaro 72,150,000 26.00%
Paul Dolan 13,300,000 4.79%
Miles Pelham 12,800,000 4.61%
Warren Deats 5,135,000 1.85%
Simon Rollason 556,260 0.20%
Kevin Milne 122,252 0.04%

Director Investment into Argento Preference 
Share Subscription:

Name  Holding Percent
Miles Pelham 6,786 9.05%
Paul Dolan 715 0.95%
Warren Deats 715 0.95%
Frank Scolaro 429 0.57%


Head Office

Obtala Services Ltd
1 Berkeley Street, Mayfair, London W1J 8DJ

+44 (0)20 7099 1940

+44 (0)20 7016 9100

[email protected]

Registered Office

Obtala Ltd
P.O. Box 161, Dixcart House, Sir William Place, St Peter Port, Guernsey, GY1 1GX

Plot 14, Milama Village, Mvomeru District, Morogoro Region, Tanzania

Argento Mozambique, Limitada 3 Aandar, Porta 302, Edificio do Girassol Hotel Av. Eduardo Mondlane, Cidade de Nampula, Mocambique

Argento Ltd, Montara Ltd and Meradell Trading Ltd Registered Office
c/o Frontiere Finance Ltd Suite 114, 3rd Floor, Medine Mews, Chaussée, Port Louis, Mauritius

Company Secretary
William Place Secretaries Limited Dixcart House, Sir William Place, St Peter Port, Guernsey, GY1 4EZ

Nominated Adviser
ZAI Corporate Finance Limited Staple Court, 11 Staple Inn, London, W1J 7QH

Nominated Broker
Brandon Hill Capital 1 Tudor Street, London, EC4Y 0AH

Lawyers to the Company (Guernsey)
Carey Olsen Carey House, Les Banques, St Peter Port, Guernsey, GY1 4BZ

Lawyers to the Company (UK)
DWF LLP Bridgewater Place, Water Lane, Leeds, LS11 5DY

RSM UK Audit LLP, 25 Farringdon Street, London EC4A 4AB

Neville Registrars Limited Neville House, 18 Laurel Lane, Halesowen, B63 3DA

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