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Akanda Pulls Out Of Lesotho Amid Ongoing Legal Battle, Bruce Linton Joins SynBiotic, & Ananda Completes Acquisition

Akanda Pulls Out Of Lesotho Amid Ongoing Legal Battle, Bruce Linton Joins SynBiotic, & Ananda Completes Acquisition
businesscann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesscann.com Daily Mail and Mail on Sunday newspapers.

United Kingdom , Jeremy Sturgess Smith , Charles Morgan , Louisa Mojela , Michael Langoulant , Tej Virk , Peter Redmond , Melissa Sturgess , Bruce Linton , Lesotho High Court , Mophuti Matsoso Development Trust , Company Or Group Companies , Southern African , Executive Chairman Louisa Mojela , Group Companies , Takeover Code , Corporate Finance , Investor Relations Jeremy Sturgess Smith , Canopy Growth ,

Ananda Developments Plc - Proposed Rule 9 Waiver and Acquisition

Ananda Developments Plc - Proposed Rule 9 Waiver and Acquisition PR Newswire London, November 24 24 November 2022 ANANDA DEVELOPMENTS PLC ("Ananda" or the "Company") ....

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Ananda Developments Plc - Shareholdings in the Company

Ananda Developments Plc - Shareholdings in the Company
PR Newswire
Shareholdings in the Company
In June 2019, URA Holdings Plc ( URA ) subscribed for 88,888,888 ordinary shares of 0.2p each in the Company ( Ordinary Shares ) and received warrants to subscribe for a further 88,888,888 Ordinary Shares (the Warrants ).
Ananda has now been notified that URA has completed the required steps to allow it to distribute its holdings of Ordinary Shares and Warrants to shareholders in URA on a pro rata basis (the Distribution ).
Directors Interests
Charles Morgan, Melissa Sturgess and Peter Redmond, all of whom are Directors of the Company, are also shareholders in URA and will receive Ordinary Shares and Warrants in the Distribution as follows: ....

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Ananda Developments Plc - Extension of Agreement and Issue of Equity

Ananda Developments Plc - Extension of Agreement and Issue of Equity
PR Newswire
Extension of Contingent Consideration Shares Deadline
As part of the Rule 9 Waiver approved by shareholders in Ananda on 10 June 2019, it was agreed that deferred consideration of £900,000 for the acquisition of Tiamat Agriculture Limited (the Acquisition) would be satisfied by the issue of 100,000,000 ordinary shares of 0.2p each in the Company ( Ordinary Shares ; the Contingent Consideration Shares ) to each of Charles Morgan (Chairman of the Company) and Melissa Sturgess (Chief Executive Officer of the Company). The issue of the Contingent Consideration Shares was conditional on the successful grant of a > 0.2% THC Home Office Licence to grow cannabis within 18 months of completion of the Acquisition. The Acquisition was completed on 10 June 2019, such that the deadline for the grant of the licence and the issue of the Contingent Consideration Shares was therefore 10 December 2020. ....

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