Company Announcements

Block listing Interim Review

Source: RNS
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 £827,734.

 

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 issued/allotted at end of period:

6,422,711

(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 Adviser)

Tel: +44 (0)20 7469 0930

Eran Zucker / Guy Miller

 

Peterhouse Capital Ltd (Corporate Broker)

Tel: +44 (0)20 7469 0930

Lucy Williams / Charles Goodfellow

Vox Markets (Investor Relations)

KanaboGroup@voxmarkets.co.uk

Kat Perez

kperez@voxmarkets.co.uk

 

 

 

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