Thalassa Holdings Ltd Publishes Approved Prospectus

Thalassa Holdings Ltd has announced the publication of its Prospectus, following approval by the FCA. This comes after the company's successful Placing on December 16, 2024. The Prospectus, dated December 20, 2024, is available on the Thalassa Holdings website and the National Storage Mechanism site.

The company also confirmed the allotment of 8,710,000 Placing Shares, conditionally on Admission. These shares are expected to be admitted to the market on January 10, 2025, and will have full parity with existing shares. This will bring Thalassa's total issued share capital to 16,655,838 shares.

Additionally, Thalassa entered a subscription agreement with Alina Holdings to potentially issue 12,000,000 new shares at £0.25 each. This is contingent on Alina selling property assets. The independent directors consider the subscription fair and reasonable despite being a related party transaction.