Last checked at 23 Feb 2022 07:00
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 |