ANNOUNCEMENT: Notice of Scheme Sanction Hearing

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
Sativa Group Plc
(“Sativa” or the “Company” or the “Group”)

Notice of Scheme Sanction Hearing

20 August 2020

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 Anne.Tew@sativagroup.co.uk 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.

Henry Lees-Buckley
Chief Executive Officer
Sativa Group Plc
+44 (0) 20 7971 1255
enquiries@sativagroup.co.uk
www.sativagroup.co.uk

Joseph Colliver
Chief Financial Officer
Sativa Group Plc
+44 (0) 20 7971 1255
enquiries@sativagroup.co.uk
www.sativagroup.co.uk

AQSE Growth Market Corporate Adviser

Corporate Finance 
Guy Miller/Allie Feuerlein
Peterhouse Capital Limited
+44 (0) 20 7220 9795

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