Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Love Hemp Group PLC - London-based consumer goods company focussed on CBD health and wellness solutions - Says both non-executive Chair Graham Mills and interim Chief Financial Officer Anthony Dyer have completed their transition periods, and stepped down from the board with immediate effect.
Fahmeeda Khan has been appointed as the new interim financial director with immediate effect.
In addition, strategic investors who initially provided £1.5 million to Love Hemp’s binding secured loan have increased this by £100,000. The secured total debt is now £1.6m, with a term of five years at an interest rate of 20%. The first year is interest-free.
Love Hemp shares are currently suspended on Aquis. They last traded at 0.43 pence each in London on April 29, 2022.
By Holly Beveridge; Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.