Greencare Capital - Result of AGM

8 July 2022

Greencare Capital plc

("Greencare" or "the Company")

Result of AGM

Greencare (AQUIS: GRE), the investment company focused on investing in medicinal cannabis, CBD and related areas, announces that at the Company's Annual General Meeting held yesterday, all resolutions were duly passed.

Enquiries:

Notes:

Greencare Capital plc is an investment company quoted on the Aquis Stock Exchange Growth Market ("AQSE"). The Company was incorporated on 1 October 2019 and its shares were admitted to trading on 30 December 2019.

The Company's investment strategy is to focus on investments in cannabis sectors within countries predominantly in Europe whose jurisdictions have well-developed and reputable laws and regulations for its production, research and distribution; together with the CBD and hemp sectors.

The Company will invest directly or indirectly in public or private companies, in supply and distribution chains, or other business associated with the cannabis sector. Investments may take the form of debt or equity and it is expected that such investments will ordinarily seek capital growth in the medium term in preference to income.

The Company will not invest in the recreational cannabis sector, or in entities or activities supported by it, nor any other related activities which would be deemed illegal under UK legislation.