REG - Kanabo Group PLC - Block listing Interim Review

KanaboAnnouncement

23/02/2022 07:00

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RNS Number : 4898C  Kanabo Group PLC  23 February 2022

Kanabo Group Plc

("Kanabo" or the "Company")

 

Block Listing Six Monthly Return

 

Lapse of Warrants

 

Extension of Warrants

 

Kanabo Group Plc (LSE:KNB) announces that 8,277,344 RTO warrants (exercisable
at 10p) have been exercised since the Company's IPO in February last year.
This means that the Company received an additional £827,734.

 

3,493,937 RTO warrants have now lapsed with effect from 16 February 2022.

 

Kanabo makes the following notification pursuant to its existing block
admission.

 

 Name of applicant:                                                                Kanabo Group Plc
 Name of scheme:                                                                   SOP RTO Warrants
 Period of return:                        From:                                    22/1/22                    To:                        16/2/22
 Balance of unallotted securities under scheme(s) from previous return:            9,558,672
 Plus:  The amount by which the block scheme(s) has been increased since the       0
 date of the last return (if any increase has been applied for):
 Less:  Number of securities issued/allotted under scheme(s) during period         3,135,961
 (see LR3.5.7G):
 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        6,422,711

                                                                                   (These remaining warrants have now lapsed with the exception of 2,928,779
                                                                                   details can be found below)

 

 Name of applicant:                                                                Kanabo Group Plc
 Name of scheme:                                                                   SOP RTO Warrants
 Period of return:                        From:                                    22/7/21  To:     22/1/22
 Balance of unallotted securities under scheme(s) from previous return:            10,953,547
 Plus:  The amount by which the block scheme(s) has been increased since the       0
 date of the last return (if any increase has been applied for):
 Less:  Number of securities issued/allotted under scheme(s) during period         1,394,875
 (see LR3.5.7G):

 Equals:  Balance under scheme(s) not yet issued/allotted at end of period:        9,558,672

 

 

 Name of contact:              Peterhouse Capital
 Telephone number of contact:  +44 (0) 20 7469 0932

 

The Company confirms that the effective expiry date of 2,928,779 RTO warrants
has been extended from 16 February 2022 until 15 May 2022, in accordance with
the terms of the corresponding warrant instrument as they apply to PDMRs and
other insiders. As was foreseen when the warrant instrument was prepared, the
Company is in a closed period in the lead-up to the original expiry date of
the warrants.

 

 

For further information, please visit http://www.kanabogroup.com
(http://www.kanabogroup.com) / or contact the following:

 

 Kanabo Group Plc                            Via Vox Markets
 Meirav Horn, CFO
 Peterhouse Capital Ltd (Financial Adviser)  Tel: +44 (0)20 7469 0930
 Eran Zucker / Guy Miller
 Peterhouse Capital Ltd (Corporate Broker)   Tel: +44 (0)20 7469 0930
 Lucy Williams / Charles Goodfellow
 Vox Markets (Investor Relations)            KanaboGroup@voxmarkets.co.uk
 Kat Perez                                   kperez@voxmarkets.co.uk

 

 

 

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