Love Hemp Group PLC (AQSE:LIFE)(OTCQB:WRHLF), the brand-led consumer goods company focused on CBD health and wellness solutions, provides a further update at the request of Peterhouse Capital Limited (“Peterhouse”).
The announcement released by Love Hemp on 9 May 2022 incorrectly stated that Peterhouse Capital Limited (“Peterhouse”) had resigned as the Company’s AQSE Corporate Adviser “following the update by the Company that an investor in the February 2022 placing had failed to complete their investment of £1.2 million.”
Love Hemp wishes to clarify that Peterhouse in fact resigned as the Company’s AQSE Corporate Adviser before the release of the Company’s update on 3 May 2022 and that the investor who failed to complete their investment of £1.2 million was a participant in the subscription, not the placing by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure and Transparency Rules.
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