Announcements

Latest announcements

ANNOUNCEMENT: Food Standards Agency (FSA) Regulations

Sativa Group Plc [AQSE: SATI], the UK’s leading quoted CBD wellness and medicinal cannabis Group, is working on its Novel Food application in partnership with Stillcanna Inc, and is committed to meeting the requirements of the Food Standards Agency (“FSA”) concerning the safe use of CBD products and the timetable for Novel Food authorisation.

ANNOUNCEMENT: Grant of Options

Sativa Group Plc (AQSE: SATI), the UK’s leading quoted CBD wellness and medicinal cannabis company, announces that certain options having reverted back to Geremy Thomas from former employees of the Group, having lapsed due to vesting conditions not having been met, have been re-surrended so that 3,076,923 options have been issued to Joseph Colliver, Chief Financial Officer of Sativa, and 1,333,333 options have been issued to Anne Tew, Company Secretary of Sativa.

ANNOUNCEMENT: Notice of Convening Hearing

Further to the announcement made by the Company on 3 June 2020 (the “Rule 2.7 Announcement”), Sativa Group Plc, the UK’s leading quoted CBD wellness and medicinal cannabis Group, confirms that is has yesterday, 22 June, issued a Part 8 Claim Form dated 22 June 2020 in the Companies Court for an Order under Section 896 of the Companies Act 2006 to convene on 14 August 2020 at 11 a.m…

ANNOUNCEMENT: Resumption of Share Trading

Sativa Group Plc (AQSE: SATI), the UK’s leading quoted CBD wellness and medicinal cannabis company, is pleased to announce the resumption of share trading in the Company’s Ordinary Shares is due to recommence. The shares were suspended pending a firm intention to make an offer from StillCanna Inc. The Scheme of Arrangement terms have now been agreed…

ANNOUNCEMENT: Management Incentive Plan (“MIP”)

Sativa Group Plc (AQSE: SATI), (or “Sativa” or “the Company” or “the Group”), the UK’s leading quoted CBD wellness and medicinal cannabis company, is pleased to announce the implementation of a new management incentive plan (“MIP”) to retain and incentivise Henry Lees-Buckley, Chief Executive Officer, and to replace the existing options held by certain Directors of Sativa.

ANNOUNCEMENT: RECOMMENDED ALL-SHARE OFFER by STILLCANNA INC

• Further to the announcements made on 22 April 2020 and 20 May 2020, the boards of directors of Stillcanna Inc. (“Stillcanna”) and Sativa Group plc (“Sativa” or the “Company”) are pleased to announce that they have reached agreement on the terms of a recommended share for share exchange offer to be made by Stillcanna for the entire issued and to be issued share capital of Sativa (the “Offer”).

ANNOUNCEMENT: Statement re Rule 2.6 Extension

In accordance with Rule 2.6(c) of the Code, at the request of the Directors of Sativa, the Panel on Takeovers & Mergers (the “Panel”) has consented to an extension of the relevant deadline, until 5:00 p.m. on 3 June 2020 to enable the parties to complete the compilation…

ANNOUNCEMENT: Statement regarding possible offer

Sativa Group Plc [NEX: SATI], the UK’s leading quoted CBD wellness and medicinal cannabis Group, confirms that is has today entered into a letter of intent (“LOI”) with StillCanna, Inc, (“StillCanna”), regarding a possible offer for the Company…

ANNOUNCEMENT: Appointment of Peterhouse Capital Limited as Corporate Adviser

Sativa Group Plc (AQSE: SATI), the UK’s leading quoted CBD wellness and medicinal cannabis Group, announces that it has appointed Peterhouse Capital Limited as its Corporate Adviser with immediate effect.
The Directors of the Company accept responsibility for the contents of this announcement.

Launch of cannabinoid cannabigerol (CBG) hand cleanser

Sativa Group Plc, the UK’s leading quoted CBD wellness and medicinal cannabis Group, has commenced production of a cannabigerol (CBG) and alcohol-based hand cleanser in response to the increased need for hand sanitation as a result of Covid-19. Read more…