REG - Kanabo Group PLC - Update re: Investment into Hellenic Dynamics

KanaboAnnouncement

15/11/2022 07:30

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RNS Number : 3594G  Kanabo Group PLC  15 November 2022

15 November 2022

 

Kanabo Group Plc.

("Kanabo" or the "Company")

 

Update re: Investment into Hellenic Dynamics

The Board of Kanabo notes the announcement published earlier today by U.K.
SPAC ("UK SPAC") and are delighted that the Financial Conduct Authority
("FCA") has approved the prospectus issued by UK SPAC in connection with its
acquisition of Hellenic Dynamics Ltd ("Hellenic") and the proposed
re-admission of UK SPAC (to be renamed Hellenic Dynamics Plc) to the standard
listing segment of the Official List and to trading on the London Stock
Exchange's Main Market.

The full announcement can be found on the UK SPAC's
website: http://www.ukspacplc.com/ (http://www.ukspacplc.com/)

As announced on 24 May 2021, Kanabo has acquired an interest over £750,000
worth of shares in Hellenic Dynamics which the Company will receive as part of
the proposed listing of Hellenic Dynamics.

 

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
 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

 

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