HELLENIC DYNAMICS PLC

Legal Proceedings Report • Dec 19, 2024

National Storage Mechanism | Additional information

RNS Number : 7902Q

Hellenic Dynamics PLC

19 December 2024

19 December 2024

Hellenic Dynamics plc

("Hellenic Dynamics" or the "Company")

Winding-Up Petition

Hellenic Dynamics plc (LSE: HELD), a medical cannabis cultivator focused on producing medical cannabis flowers for global markets announces that further to the announcement on 26 November 2024, the hearing for the winding-up petition, which was to be held on 18 December 2024, has been adjourned until 14 February 2025 because of the petitioner's failure to serve his petition in the correct manner.

The Directors do not believe that the Company is responsible for re-imbursing the petitioner for the losses that he is claiming given he is not a trade creditor of the Company  and is looking to recover, from the Company, losses that he suffered by reason of speculative trading of its shares.

The Company will update the market further when it is able to do so. 

The Directors of the Company take responsibility for this announcement.

Enquires:

Hellenic Dynamics Plc Davinder Rai	+44 (0)20 3818 7850 info@hellenicdynamics.com
Cairn Financial Advisers LLP Emily Staples / Jo Turner	+44 (0)20 7213 0880
Peterhouse Capital - Brokers Lucy Williams / Charles Goodfellow	+44 (0)20 7469 0930

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