TIDMKNB

RNS Number : 3594G

Kanabo Group PLC

15 November 2022

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 GBP750,000 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   Tel: +44 (0)20 7469 0930 
  Adviser) 
 Eran Zucker 
 Vox Markets Ltd (Investor           KanaboGroup@voxmarkets.co.uk 
  Relations) 
 Kat Perez                           kperez@voxmarkets.co.uk 
 RKM Communications Ltd (Media 
  Relations) 
 Nic Barnes                          nic.barnes@rkmcom.com

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November 15, 2022 02:30 ET (07:30 GMT)

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