REG - Kanabo Group PLC - Exercise of Options

KanaboAnnouncement

06/12/2021 15:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20211206:nRSF7258Ua&default-theme=true

RNS Number : 7258U  Kanabo Group PLC  06 December 2021

6 December 2021

Kanabo Group PLC

("Kanabo" or the "Company")

Exercise of Options and Total Voting Rights

Kanabo Group Plc (LSE:KNB), a medical cannabis R&D Company that focuses
on the distribution of cannabis-derived products for medical patients and
wellness CBD consumers, announces that it has issued 145,652 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 8 December 2021.

Following Admission, the total issued share capital of the Company will
consist of 369,961,168 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 369,961,168 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
 Meirav Horn                                            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)

 

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  IOEEQLFBFLLZFBL