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- This share is currently suspended. It was suspended at a price of 0.175
- There is currently no data for MIN
Minoan Continuing "Constructive" Talks Over Loan Extension
(Alliance News) - Minoan Group PLC, a holiday resort developer in Crete, Greece, on Thursday confirmed that "constructive dialogue" is continuing with lenders in regards to extension or settlement and restatement of a GBP1.1 million loan.
The loan matures on Thursday and the company believes that it will be able to resolve "this matter in the near future".
Shares in the company were up 25% at 1.50 pence each in London.
By Tapan Panchal; tapanpanchal@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Latest MIN News
- Minoan Group warns of likely trading suspension
4 Apr 2025 - Minoan warns of share suspension amid funding shortfall, shares dive
4 Apr 2025 - AIM WINNERS & LOSERS: Minoan to halt trading due to insufficient funds
4 Apr 2025 - LONDON MARKET OPEN: FTSE 100 opens red as US tariff decision weighs
4 Apr 2025 - IN BRIEF: Minoan shares surge amid debt resolution expectations
14 Mar 2025 - AIM WINNERS & LOSERS: SIMEC wins UK electricity supply deal
14 Mar 2025 - TRADING UPDATES: Minoan in debt talks; Sealand perplexed by share rise
6 Jan 2025 - IN BRIEF: Minoan Group issues shares to settle GBP1.3 million in debt
8 Nov 2024
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