Thalassa Holdings Ltd: Trading Update

Thalassa Holdings Ltd

Thalassa Holdings Ltd

("Thalassa" or the "Company")

(Reuters: THAL.L, Bloomberg: THAL:LN)

Trading update

Further to the Company’s announcement of 12 January 2024, in respect of a proposed voluntary contribution by the Chairman of the Company, the Board is pleased to announce that Mr Soukup has made initial restitution payments to the Company of £1,500,000 in aggregate. Mr Soukup has committed to make further contributions in the future with an intention to contribute up to £3m in aggregate.

The Board would like to thank Mr Soukup for his honourable reaction to the losses incurred by the Company as a result of its investment in Tappit Technologies (UK) Limited.

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For further information, please contact:

https://thalassaholdingsltd.com/