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Increase of Loan Facility

14 Aug 2018 17:20

Arricano Real Estate Plc (ARO) Increase of Loan Facility 14-Aug-2018 / 17:19 GMT/BST Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


14 August 2018

Arricano Real Estate Plc

("Arricano" or the "Company")

Increase of Loan Facility

Further to the announcement dated 31 July 2018 detailing the TAS Loan Agreement with the Company's wholly owned subsidiary Livoberezhzhiainvest PJSC ("LBI"), Arricano (AIM: ARO) announces that the amount available to LBI for drawdown under the TAS Loan Agreement has increased by USD0.8 million to USD16 million. All other terms of the TAS Loan Agreement, as detailed in that announcement, remain the same.

This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Arricano Real Estate plc

Mykhailo Merkulov

 

Tel: +380 44 569 6708

Nominated Adviser and Broker

Smith & Williamson Corporate Finance Limited

Azhic Basirov

 

Tel: +44 (0)20 7131 4000

Financial PR

Novella

Tim Robertson/Toby Andrews

 

Tel: +44(0)20 3151 7008

 


ISIN:CY0102941610
Category Code:MSCH
TIDM:ARO
LEI Code:213800F8AMPULEKXFX22
Sequence No.:5873
EQS News ID:714307
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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