20 Jul 2015 11:19
20 July 2015
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Arricano Real Estate plc
("Arricano" or the "Company")
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Holding in Company
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The Company announces that it was notified on 15 July 2015 that on that day Weather Empire Limited sold 8,616,000 ordinary shares in the Company (representing 8.34% of the Company's issued share capital) to DeltaMax Group OÜ (ultimately controlled by Raul Talts) at a price of US$2.33 per share. Weather Empire Limited is ultimately controlled by Hillar Teder and following this sale, he is interested in 57,263,124 ordinary shares in the Company (representing 55.45% of the Company's issued share capital).
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For further information please contact:
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Arricano Real Estate plc | Tel: +380 44 569 6708 |
Mykhailo Merkulov, CEO | Â |
 |  |
Nominated Adviser and Joint Broker | Â |
Smith & Williamson Corporate Finance Limited | Tel: +44 (0)20 7131 4000 |
Azhic Basirov | Â |
 |  |
Joint Broker | Â |
Whitman Howard Limited | Tel: +44 (0)20 7659 1234 |
Ranald McGregor-Smith | Â |
 |  |
Financial PR | Â |
Novella | Tel: +44 (0)20 3151 7008 |
Tim Robertson / Ben Heath | Â |
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