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IN BRIEF: Ananda Developments to propose acquisition of DJT Group

24th Nov 2022 18:25

Ananda Developments PLC - London-based grower and provider of medical cannabis - To propose the settling of GBP2.2 million in debt owed to the company by Chair Charles Morgan at a general meeting on December 19.

A resolution will also be proposed by the firm to approve the acquisition from Anglia Salads of the remaining 50%of DJT Group which the company does not already own.

DJT Group owns 100% of the issued share capital of DJT Plants, which has been granted a licence to grow THC Cannabis for research purposes.

Current stock price: 0.465 pence

12-month change: down 13%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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