leadf
logo-loader
viewSativa Wellnesss Group Inc

Sativa Group PLC - Notice of Scheme Sanction Hearing

RNS Number : 7594W
Sativa Group PLC
20 August 2020
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. FOR IMMEDIATE RELEASE

 20 August 2020

 

Sativa Group PLC

("Sativa" or "the Company")

Notice of Scheme Sanction Hearing

 

Further to the announcement issued by Sativa Group PLC on 18 August 2020, the Company gives notice that the Scheme Sanction Hearing, at which the Court will consider whether to exercise its discretion to sanction the Scheme, will take place at 10.30 a.m. (London time) on 28 August 2020 before the Honourable Mr Justice Snowdon.

It is expected that the Scheme Sanction Hearing will be conducted remotely using Skype.

Any natural person holding an interest in the Scheme Shares is entitled to attend the Scheme Sanction Hearing and to make representations to the Court, or to instruct counsel to attend the Scheme Sanction Hearing and to make representations to the Court on his or her behalf.

If you wish to attend the Scheme Sanction Hearing, please notify Anne Tew, Company Secretary, at [email protected] between 8.30 a.m. to 5.30 p.m., Monday to Friday (except for public holidays in England and Wales). When the link required to attend the Scheme Sanction Hearing is made available to the Company by the Court it will be shared with all holders of Scheme Shares that have notified the Company that they wish to attend.

Capitalised terms used but not defined in this announcement have the meanings given to them in the scheme document published on 22 July 2020 containing the full terms and conditions of the acquisition by Stillcanna Inc. of the entire issued and to be issued share capital of the Company.

ENDS.

The directors of the Company accept responsibility for the contents of this announcement.

Enquiries:

Henry Lees-Buckley 

Chief Executive Officer

Sativa Group Plc

+44 (0) 20 7971 1255

[email protected]

www.sativagroup.co.uk

 

Joseph Colliver

Chief Financial Officer

Sativa Group Plc

+44 (0) 20 7971 1255

[email protected]

www.sativagroup.co.uk

 

AQSE Growth Market Corporate Adviser

Corporate Finance 

Guy Miller/Allie Feuerlein

Peterhouse Capital Limited

+44 (0) 20 7220 9795


 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
NEXEAKPEALSEEFA

Quick facts: Sativa Wellnesss Group Inc

Price: 2.35

Market: AQSE
Market Cap: -
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Sativa completes merger with StillCanna, changes name to Sativa Wellness...

Sativa Wellness Group (CSE: SWEI-AQSE: SWEL) CEO Henry Lees-Buckley joined Steve Darling from Proactive to update the merger between Sativa and StillCanna. Lees-Buckley telling Proactive about the new company and how things will work. He also talks about its core brand Goodbody and how...

3 weeks, 1 day ago

3 min read