on Thalassa Holdings Ltd (isin : VGG878801114)

Thalassa Holdings Ltd: Trading Update

Thalassa Holdings Ltd (Thalassa) has announced that its Chairman, Mr Soukup, has made initial restitution payments amounting to £1,500,000. This follows Thalassa's announcement on 12 January 2024, regarding Mr Soukup’s proposed voluntary contributions to the company.

Mr Soukup's restitution aims to address losses incurred by the company due to its investment in Tappit Technologies (UK) Limited. The contributions are part of a commitment to ultimately provide up to £3 million in total.

The Board expressed gratitude for Mr Soukup's honorable actions to mitigate the impact of the investment losses. Further contributions from Mr Soukup are expected in the future.

R. P.

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