ANNOUNCEMENT: Sativa Wellness Group announces Director Option Grant

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION (INCLUDING THE UNITED STATES) WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

Sativa Wellness Group Inc.

(“Sativa” or “Sativa Wellness” the “Company” or the “Group”)

12th July 2021

Director Option Grant and Grant of Warrants

The Company announces that Marc Howells, Chief Executive Officer, has been awarded 1,447,173 options over 1,447,173 Common Shares of the Company (“Director Options”). The Director Options vest immediately, have an exercise price of CS0.062 cents and are valid for 5 years. The exercise price of the Director Options, represents the closing mid-market price per Common Share on 8 July 2021, being the last practical date prior to the grant of the Director Options.

The Directors Options are issued under the EMI Option Agreement entered into on 8 July 2021, between the Company and Marc Howells.

Further, the Company also issued 1,447,173 warrants over 1,447,173 Common Shares of the Company, that vest immediately, have an exercise price of CS0.062 cents and are valid for 3 years. These warrants have been granted for consultancy services to the Company.

The directors of the Company accept responsibility for the contents of this announcement.

On behalf of the Board of Directors,

Marc Howells
Chief Executive Officer
Sativa Wellness Group Inc.
+44 (0) 20 7971 1255
[email protected]
www.sativawellnessgroup.com

Anne Tew
Chief Financial Officer
Sativa Wellness Group Inc.
+44 (0) 20 7971 1255
[email protected]
www.sativawellnessgroup.com

AQSE Growth Market Corporate Advisor
Corporate Finance
Guy Miller/Allie Feuerlein
Peterhouse Capital Limited
+44 (0) 20 7220 9795

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Marc Howells

2

Reason for the notification

a)

Position/status

Director and CEO

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

  Sativa Wellness Group Inc.

b)

LEI

213800V7NVQZF5G8VS50

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument
Identification code

Ordinary shares of no par value in Sativa Wellness Group Inc.

Identification code (ISIN) for Sativa Wellness Group Inc. ordinary shares: CA80403E1043

b)

Nature of the transaction

Disclosure of Options granted

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

C$0.0621,447,173

d)

Aggregated information
– Aggregated volume
– Price

N/A

e)

Date of the transaction

8 July 2021

f)

Place of the transaction

AQSE Growth Market

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