Notice of General Meeting and Name Change

Rhea-AI Summary

World High Life Plc (AQSE:LIFE)(OTCQB:WRHLF) announced a General Meeting scheduled for March 11, 2021, in London to discuss resolutions for issuing additional ordinary shares. The company also revealed plans to change its name to Love Hemp Group Plc as part of its strategy to enhance recognition of its subsidiary, Love Hemp Limited. Shareholders will receive the notice and proxy form soon, available on the company's website. This initiative supports the brand's global expansion in the regulated cannabis industry.

Positive

• Intention to issue additional ordinary shares to support growth.
• Name change to Love Hemp Group Plc aligns with brand recognition strategy.

Negative

• None.

LONDON, UK / ACCESSWIRE / February 15, 2021 / World High Life Plc (AQSE:LIFE)(OTCQB:WRHLF), the investment company with a focus on developing business opportunities in the regulated cannabis industry in Europe, gives notice that a General Meeting ("GM") is being convened for 12:00 noon on 11 March 2021 at 7-9 Swallow Street, London, W1B 4DE. At the GM, resolutions will be proposed to authorise the Company to issue additional ordinary shares in the Company.

As part of the Company's ongoing progress, it is also announcing its intention to change its name to Love Hemp Group Plc. This change will take effect over the coming weeks and once completed the Company will issue a further notice acknowledging the change.

This name change forms part of the Company's strategy to build upon the success of its wholly owned subsidiary, Love Hemp Limited, and propel the Love Hemp brand to global recognition.

Copies of the Notice of GM, together with the Form of Proxy will be posted to shareholders shortly and will be available to view on the Company's website at www.worldhighlife.uk.

For further information please contact:

Andrew Male
Director
+44 (0) 7926 397 675
andrew@worldhighlife.uk

AQSE Corporate Adviser
Mark Anwyl/Allie Feuerlein
Peterhouse Capital Limited
+44 (0) 20 7469 0930
ma@peterhousecap.com
af@peterhousecap.com

Financial PR
Tim Blythe
Alice McLaren
Madeleine Gordon-Foxwell
+44 (0) 207 318 3205
worldhighlife@blytheweigh.com

For more information on World High Life please visit: www.worldhighlife.uk

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

SOURCE: World High Life Plc

View source version on accesswire.com:
https://www.accesswire.com/629810/Notice-of-General-Meeting-and-Name-Change

FAQ

What is the date for the World High Life Plc General Meeting?

The General Meeting is scheduled for March 11, 2021.

What changes is World High Life Plc proposing at the General Meeting?

The company will propose resolutions to authorize the issuance of additional ordinary shares.

Why is World High Life Plc changing its name?

The name change to Love Hemp Group Plc is part of the strategy to enhance the recognition of its subsidiary, Love Hemp Limited.

Where can shareholders find the General Meeting notice?

The notice will be posted to shareholders and available on the company's website.

What is the significance of the name change for World High Life Plc?

The name change aims to build upon the success of Love Hemp Limited and increase its global brand recognition.