REG - Hellenic Dynamics - Winding-Up Petition

Hellenic DynamicsAnnouncement

26/11/2024 10:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241126:nRSZ6970Na&default-theme=true

RNS Number : 6970N  Hellenic Dynamics PLC  26 November 2024

26 November 2024

 

Hellenic Dynamics plc

 

("Hellenic Dynamics" or the "Company")

 

Winding-Up Petition

 

Hellenic Dynamics plc (LSE: HELD), a medical cannabis cultivator focused on
producing medical cannabis flowers for global markets announces that on 1
November 2024 a petition for the compulsory liquidation of the Company was
filed by a shareholder. The sum claimed in the petition as at the date of the
petition is a total of £32,274.26. The petition is due to be heard in the
High Court on 18 December 2024. It is the belief of the directors of the
Company that this petition amounts to an abuse of the process of the High
Court due to the fact that the petitioner is not a creditor of the Company and
as such, the Company will be making an application to the High Court for the
petition to be dismissed.

 

This announcement contains inside information for the purposes of article 7 of
the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the
Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication
of this announcement, this information is now considered to be in the public
domain.

The Directors of the Company take responsibility for this announcement.

 

Enquires:

 

 Hellenic Dynamics Plc                +44 (0)20 3818 7850

 Davinder Rai                         info@hellenicdynamics.com (mailto:info@hellenicdynamics.com)

 Cairn Financial Advisers LLP         +44 (0)20 7213 0880

 Emily Staples / Jo Turner

 Peterhouse Capital - Brokers         +44 (0)20 7469 0930

 Lucy Williams / Charles Goodfellow

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCGCBDBBSDDGSL