ARRICANO REAL ESTATE PLC (FRA:CY010294) Arricano Real Estate Plc: Increase of Loan Facility

Transparency directive : regulatory news

14/06/2019 09:00

Arricano Real Estate Plc (ARO)
Arricano Real Estate Plc: Increase of Loan Facility

14-Jun-2019 / 08:00 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.


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

 

14 June 2019

Arricano Real Estate Plc

("Arricano" or the "Company")

Increase of Loan Facility

Further to the announcement dated 14 August 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 yesterday has increased by USD4 million to USD20 million. The funds will be used for general corporate and working capital purposes.

All other substantial commercial terms of the TAS Loan Agreement, as detailed in previous announcement, remain the same.

 

 

For further information, please contact:

Arricano Real Estate plc

Mykhailo Merkulov

 

Tel: +38 044 594 9471

Nominated Adviser and Broker:                   

WH Ireland Limited

Chris Fielding 

 

Tel: +44 (0)20 7220 1666

Financial PR:                                     

Novella Communications Limited

Tim Robertson/Fergus Young

 

Tel: +44 (0)20 3151 7008

 

 



ISIN: CY0102941610
Category Code: MSCL
TIDM: ARO
LEI Code: 213800F8AMPULEKXFX22
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 10179
EQS News ID: 824675

 
End of Announcement EQS News Service

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