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Listed shell company UK SPAC has listed shares on LSE in its £45m reverse take-over of Greek medical cannabis cultivation company Hellenic Dynamics.

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22 pence per share (the "Placing Price") ·  Placing Price represents a 10 per cent. premium to the closing mid-price of the Company's ordinary shares on 20 May 2021. ·   Pre-IPO acquisition of interest over £750,000 worth of shares in Hellenic Dynamics S.A ("Hellenic" or "Hellenic Dynamics"), a medical cannabis cultivator seeking a near-term listing on the London Stock Exchange; · The investment is part of a wider strategic partnership between the Company and Hellenic Dynamics S.A. Details Kanabo Group Plc (LSE:KNB) announces today that it has raised gross proceeds of £1million t...

Deal includes commercially attractive rates to be negotiated Raises £1m from investors Kanabo Group Plc, the medicinal cannabis company which recently successfully launched on London Stock Exchange