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RNS Number : 6364I Kanabo Group PLC 19 April 2022
19 April 2022
Kanabo Group PLC
("Kanabo" or the "Company")
Exercise of Options and Total Voting Rights
Kanabo Group Plc (LSE:KNB), a leading innovator and manufacturer of medical
cannabis and CBD products, announces that it has issued 290,818 new
ordinary shares following the exercise of options granted under its New Share
Option Scheme (employees), as detailed in the prospectus dated 29 January
2021.
Application will be made for the ordinary shares to be admitted to the
Standard List segment of the Official List and to trading on the main market
of the London Stock Exchange plc ("Admission"). It is expected that Admission
will become effective and that dealings in the ordinary shares will commence
at 8.00am on or around 25 April 2022.
Following Admission, the total issued share capital of the Company will
consist of 422,916,056. ordinary shares of 2.5 pence each carrying the right
to one vote. There are no shares currently held in treasury. The total number
of voting rights in the Company will therefore be 422,916,056 and this figure
may be used by shareholders as the denominator for the calculations by which
they determine if they are required to notify their interest in, or a change
to their interest in, the Company under the Financial Conduct Authority's
Disclosure Rules and Transparency Rules.
The Directors of the Company accept responsibility for the contents of this
announcement.
For further information, please visit http://www.kanabogroup.com/ or contact
the following:
Kanabo Group Plc
Assaf Vardimon Via Vox Markets
Peterhouse Capital Ltd
Eran Zucker / Guy Miller (Financial Adviser) Tel: +44 (0)20 7469 0930
Lucy Williams / Charles Goodfellow (Corporate Broker) Tel: +44 (0)20 7469 0930
Vox Markets (Investor Relations)
Kat Perez KanaboGroup@voxmarkets.co.uk (mailto:KanaboGroup@voxmarkets.co.uk)
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