Mountfield (GB:HELD) has released an update.
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Hellenic Dynamics plc, a medical cannabis cultivator, faces a winding-up petition filed by a shareholder claiming over £32,000, which the company views as an abuse of court processes. The directors are challenging the petition, asserting the petitioner is not a creditor, and a High Court hearing is scheduled for December 18, 2024. This development could impact investor confidence in Hellenic Dynamics as they navigate this legal challenge.
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