REG - Kanabo Group PLC - Resignation of Auditor

KanaboAnnouncement

02/12/2022 15:00

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RNS Number : 4900I  Kanabo Group PLC  02 December 2022

Kanabo Group Plc.

("Kanabo" or the "Company")

 

            Resignation of Auditor

 

Kanabo Group plc (LSE:KNB) the pan-European medical cannabis company that
focuses on developing and commercialising cannabis-derived products for
medical patients and wellness consumers, announces Jeffreys Henry LLP
('Jeffreys Henry') has resigned as the Company's independent auditor with
immediate effect on the grounds that Jeffrey's Henry has taken the decision
not to register itself with the Financial Reporting Council as an eligible
auditor to undertake Public Interest Entity audits.

 

In accordance with s. 519 Companies Act 2006, Jeffreys Henry made the
following statements:

·    We [Jeffreys Henry] have resigned as auditor with immediate effect on
the grounds that the firm has taken the decision not to register as an auditor
eligible to undertake Public Interest Entity audits.

·    There are no circumstances connected with our ceasing to hold office
as auditor which we [Jeffreys Henry] consider should be brought to the
attention of the company's members or creditors.

The process to appoint a new independent auditor for the Company is well
advanced and further announcements will be made in due course.

 

 

For further information, please visit http://www.kanabogroup.com/ or
https://www.voxmarkets.co.uk/listings/LON/KNB
(https://www.voxmarkets.co.uk/listings/LON/KNB) or contact the following:

 

 Kanabo Group Plc                            Via Vox Markets
 Avihu Tamir, CEO
 Peterhouse Capital Ltd (Financial Adviser)  Tel: +44 (0)20 7469 0930
 Eran Zucker
 Peterhouse Capital Ltd (Corporate Broker)
 Lucy Williams / Charles Goodfellow
 Vox Markets Ltd (Investor Relations)        KanaboGroup@voxmarkets.co.uk
 Kat Perez                                   kperez@voxmarkets.co.uk
 RKM Communications Ltd (Media Relations)
 Nic Barnes                                  nic.barnes@rkmcom.com

 

About Kanabo Group Plc

Kanabo Group Plc, is a leading developer and distributer of cannabis-derived
products and inhalation technologies for medical patients and non-THC products
for CBD consumers. Kanabo Group Plc was the first medicinal cannabis company
to IPO on London Stock Exchange and is made up of supply-chain specialist
subsidiaries, from cultivation consultancy to R&D to formula development
and distribution, including:

·    Kanabo Agritec Ltd, a cultivation consultancy supporting cannabis
businesses in developing new farms through infrastructural, research, and
product guidance. These farms deliver high-quality raw materials for Kanabo's
formulas and product line.

·    Kanabo Research Ltd, a wholly owned subsidiary of Kanabo Group Plc,
responsible for R&D, regulation, and quality assurance procedures.

·    The GP Service - a Kanabo Group Plc owned telehealth provider,
offering NHS approved online consultations, online prescriptions, treatment
forms and access to both Kanabo medical-cannabis & wellbeing CBD products.

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