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Update re: Investment into Hellenic Dynamics

15th Nov 2022 07:30

RNS Number : 3594G

Kanabo Group PLC

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/

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 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)	[email protected]
Kat Perez	[email protected]
RKM Communications Ltd (Media Relations)
Nic Barnes	[email protected]

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