TIDMKNB

RNS Number : 0987E

Kanabo Group PLC

28 June 2023

28 June 2023

Kanabo Group PLC

("Kanabo" or the "Company")

Issuance of New Ordinary Shares and Total Voting Rights

Following the Company's Publication of Prospectus, the completion of which was announced on 13 June 2023 ("The Prospectus"), the 72,831,186 ordinary shares issued in connection with the acquisition of The GP Service (UK) Ltd at a price of 12.65p, have been admitted today, 28 June 2023, to the Standard List of the London Stock Exchange ("Admission")

Following Admission, for the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, Kanabo Group Plc announces that the Company has 573,216,379 ordinary shares of 2.5p each in issue ("Ordinary Shares"), each share carrying the right to one vote. The figure of 573,216,379 should be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The Directors of the Company accept responsibility for the contents of this announcement.

For further information, please visit http://www.kanabogroup.com/ or contact the following:

Enquiries:

 
Kanabo Group plc                                        via Vigo Consulting 
 Avihu Tamir, Chief Executive Officer                   +44 (0)20 7390 0230 
 Assaf Vardimon, Chief Financial Officer 
 Ian Mattioli, Non-Executive Chair of the 
 Board 
 
Peterhouse Capital Ltd (Financial Adviser 
 and Broker) 
 Eran Zucker/ Lucy Williams / Charles Goodfellow        +44 (0)20 7469 0930 
 
Vigo Consulting (Financial Public Relations/Investor 
 Relations) 
 Jeremy Garcia / Fiona Hetherington / Verity 
 Snow                                                        +44 (0)20 7390 
 kanabo@vigoconsulting.com                                             0230 
 

About Kanabo Group Plc

Kanabo Group Plc (LSE:KNB) is a healthtech company committed to revolutionising patient care through its innovative technology platform and disruptive product offerings. Since its inception in 2017, Kanabo has been focused on researching, developing, and commercialising regulated medicinal cannabis-derived formulations and therapeutic inhalation devices.

Kanabo's NHS-approved online telehealth platform, The GP Service, provides patients with video consultations, online prescriptions, and primary care services. The Company is a leader in its field, focusing on improving patient outcomes and providing more accessible healthcare experiences.

In March 2023, Kanabo successfully launched its Pain Clinic, Treat It, under the expert guidance of its technological and product expertise. Treat It initially focuses on chronic pain management using plant-based medicine and treatments that are currently unavailable through traditional channels.

At Kanabo Group Plc, we are dedicated to providing patients with the highest quality medical treatments and more accessible healthcare experiences.

   Visit   www.kanabogroup.com   for more information. 

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(END) Dow Jones Newswires

June 28, 2023 02:00 ET (06:00 GMT)

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