Mountfield (GB:HELD) has released an update.
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Hellenic Dynamics PLC, a medical cannabis company, is facing a winding-up petition from its legal advisers Hill Dickinson LLP over unpaid debts totaling over £85,000. The company is hoping to settle the debt before the court hearing scheduled for August 28, 2024, by relying on a €1 million loan expected by mid-August. This financial distress has been announced as inside information to the public domain, with the company promising further updates.
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