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World High Life PLC Announces Notice of General Meeting and Name Change

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World High Life Plc (OTCQB:WRHLF) has announced a General Meeting scheduled for 11 March 2021, where shareholders will vote on resolutions to issue additional ordinary shares. The company also plans to change its name to Love Hemp Group Plc, aimed at enhancing the global recognition of its subsidiary, Love Hemp Limited. This name change reflects the company's strategy to leverage its brand's success. Shareholders will receive a Notice of GM and proxy forms soon, accessible on the company’s website.

Positive
  • Strategic name change to Love Hemp Group Plc aimed at enhancing brand recognition.
  • Upcoming GM to discuss the issuance of additional ordinary shares, potentially improving capital.
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) 207 138 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: World High Life Plc



View source version on accesswire.com:
https://www.accesswire.com/629686/World-High-Life-PLC-Announces-Notice-of-General-Meeting-and-Name-Change

FAQ

What is the purpose of the General Meeting for WRHLF on March 11, 2021?

The General Meeting is convened to vote on resolutions for issuing additional ordinary shares.

What is the new name for World High Life Plc?

World High Life Plc plans to change its name to Love Hemp Group Plc.

How will the name change affect WRHLF's branding?

The name change aims to enhance the global recognition of the Love Hemp brand, leveraging the success of its subsidiary.

LOVE HEMP GROUP PLC

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