THC Global Share Purchase Plan Update
The Directors of the Company and the Chief Executive Officer have confirmed they will participate in the SPP Offer.
The SPP Offer is expected to close on Friday, 26 April 2019. An indicative timetable is below:
4 April 2019 Record Date
5 April 2019 Announcement of The Share Purchase Plan
9 April 2019 Documents Mailed to Eligible Shareholders
9 April 2019 Opening Date for Acceptances
26 April 2019 Closing Date for Acceptances
6 May 2019 Allotment and Issue of New Shares
6 May 2019 Quotation of New Shares On ASX
9 May 2019 Dispatch of Shareholder Statements
Indicative timetable and is subject to change. The Company reserves the right to vary the dates above, subject to any regulatory or statutory provisions that may apply.
If shareholders have any queries with respect to the SPP Offer, please contact 1300 375 910 or +61 3 9415 4386. Applications can be made online at the Company's website: thc.global/2019SPP with payments processed by BPAY.
About THC Global Group Limited
THC Global Group Limited (ASX:THC) (OTCMKTS:HDRPF) (FRA:9TH) operates under a 'Farm to Pharma' pharmaceutical model and is currently delivering high quality medicinal cannabis products to Australian patients through existing access schemes. Having secured both a significant growing capacity over two grow sites, and an industry-leading pharmaceuticals biomanufacturing facility with attached testing and product development laboratory, THC Global is in prime position to service both domestic patients and the export market. THC Global's commercial partners operate across four continents, supporting future international growth.
In addition to its core medicinal cannabis business, THC Global owns two Canadian companies, being Crystal Mountain Products and Vertical Canna Inc. Crystal Mountain Products operates a revenue generating global hydroponics retailer and distributor of equipment, material, and nutrients to cannabis growers and producers. Vertical Canna Inc is an investment vehicle through which THC Global intends to build, through acquisitions and strategic partnerships, a vertically integrated Canadian cannabis producer and retailer. Vertical Canna's existing asset portfolio includes a land-holding in Nova Scotia, Canada to be developed into a large-scale cannabis production facility.
THC Global Group Limited