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REG - Hellenic Dynamics - Winding-Up Petition

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RNS Number : 7609W  Hellenic Dynamics PLC  12 February 2025

12 February 2025

 

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 further
to the announcement on 26 November 2024, the hearing for the winding-up
petition, which was to be held on 18 December 2024, and was adjourned until 14
February 2025 because of the petitioner's failure to serve his petition in the
correct manner, is now being heard on 12 February 2025

 

The Directors do not believe that the Company is responsible for re-imbursing
the petitioner for the losses that he is claiming given he is not a trade
creditor of the Company  and is looking to recover, from the Company, losses
that he suffered by reason of speculative trading of its shares.

 

The Company will update the market further when it is able to do so.

 

The Directors of the Company take responsibility for this announcement.

 

Enquires:

 

 Hellenic Dynamics Plc                +44 (0)7469845941

 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

 

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