Arricano Real Estate Plc (ARO)
Arricano Real Estate Plc: Update on Loan Facilities
21-Jul-2020 / 18:05 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.
21 July 2020
Arricano Real Estate Plc
(together with its subsidiaries "Arricano")
Update on Loan Facilities
Arricano (AIM: ARO), a leading real estate developer and shopping mall
operator in Ukraine, is pleased to announce the following update relating to
its current loan facility with the State Savings Bank of Ukraine.
LLC Comfort Market Luks, a subsidiary of the Company, which owns and
operates the Kyiv Shopping Center "Prospekt" has now entered into an
amendment to the current loan agreement with State Savings Bank of Ukraine
to decrease the interest rate from 10.5% to 8.5% per annum.
Enquiries:
Arricano Real Estate plc Tel: +357 25 582 535
Ganna Chubotina
Nominated Adviser and Broker: Tel: +44 (0)20 7220 1666
WH Ireland Limited
Chris Fielding
Financial PR: Tel: +44 (0)20 3151 7008
Novella Communications Limited
Tim Robertson/ Fergus Young
ISIN: CY0102941610
Category Code: MSCM
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.: 77137
EQS News ID: 1098865
End of Announcement EQS News Service
(END) Dow Jones Newswires
July 21, 2020 13:05 ET (17:05 GMT)
