Kanabo Group PLC Block listing Interim Review (4898C)
23 Febrero 2022 - 01:01AM
UK Regulatory
TIDMKNB
RNS Number : 4898C
Kanabo Group PLC
23 February 2022
Kanabo Group Plc
("Kanabo" or the "Company")
Block Listing Six Monthly Return
Lapse of Warrants
Extension of Warrants
Kanabo Group Plc (LSE:KNB) announces that 8,277,344 RTO warrants
(exercisable at 10p) have been exercised since the Company's IPO in
February last year. This means that the Company received an
additional GBP827,734.
3,493,937 RTO warrants have now lapsed with effect from 16
February 2022.
Kanabo makes the following notification pursuant to its existing
block admission.
Name of applicant: Kanabo Group Plc
Name of scheme: SOP RTO Warrants
-------------------------------------------------------------------
Period of return: From: 22/1/22 To: 16/2/22
----------------------- ------------------------ ---------------- -----------------------
Balance of unallotted securities under scheme(s)
from previous return: 9,558,672
-------------------------------------------------------------------
Plus: The amount by which the block scheme(s)
has been increased since the date of the last
return (if any increase has been applied for): 0
-------------------------------------------------------------------
Less: Number of securities issued/allotted under
scheme(s) during period (see LR3.5.7G): 3,135,961
-------------------------------------------------------------------
Equals: Balance under scheme(s) not yet 6,422,711
issued/allotted at end of period: (These remaining warrants have now lapsed with the exception of
2,928,779 details can be found
below)
-------------------------------------------------------------------
Name of applicant: Kanabo Group Plc
Name of scheme: SOP RTO Warrants
---------------------------------
Period of return: From: 22/7/21 To: 22/1/22
----------------------- ----------- ----- -------------
Balance of unallotted securities under scheme(s) from previous return: 10,953,547
---------------------------------
Plus: The amount by which the block scheme(s) has been increased since the date of
the last
return (if any increase has been applied for): 0
---------------------------------
Less: Number of securities issued/allotted under scheme(s) during period (see
LR3.5.7G): 1,394,875
---------------------------------
Equals: Balance under scheme(s) not yet issued/allotted at end of period: 9,558,672
---------------------------------
Name of contact: Peterhouse Capital
Telephone number of contact: +44 (0) 20 7469 0932
---------------------
The Company confirms that the effective expiry date of 2,928,779
RTO warrants has been extended from 16 February 2022 until 15 May
2022, in accordance with the terms of the corresponding warrant
instrument as they apply to PDMRs and other insiders. As was
foreseen when the warrant instrument was prepared, the Company is
in a closed period in the lead-up to the original expiry date of
the warrants.
For further information, please visit http://www.kanabogroup.com
/ or contact the following:
Kanabo Group Plc Via Vox Markets
Meirav Horn, CFO
Peterhouse Capital Ltd (Financial Tel: +44 (0)20 7469 0930
Adviser)
Eran Zucker / Guy Miller
Peterhouse Capital Ltd (Corporate Tel: +44 (0)20 7469 0930
Broker)
Lucy Williams / Charles Goodfellow
Vox Markets (Investor Relations) KanaboGroup@voxmarkets.co.uk
Kat Perez kperez@voxmarkets.co.uk
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END
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February 23, 2022 02:01 ET (07:01 GMT)
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