DJ Result of AGM and Directorate Change
Arricano Real Estate Plc (ARO)
Result of AGM and Directorate Change
19-Jul-2021 / 17:00 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.
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19 July 2021
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Arricano Real Estate Plc
("Arricano" or the "Company")
Result of AGM and Change to Directorate
Arricano (AIM: ARO) announces that, with the exception of Resolution 4, all of the resolutions at its annual general
meeting today were duly approved.
Resolution 4, which concerned the re-appointment of the Company's Chairman, Mr Urmas Somelar, as a Director of the
Company, was withdrawn as a result of his decision not to seek re-appointment as Director at the AGM. Mr Somelar today
informed the Company of his decision to retire as Director and as Chairman of the Board for personal reasons.
The Board has agreed that Mr Georgios Komodromos, an independent non-executive director of the Company, will succeed Mr
Somelar as Chairman pending the appointment of a permanent independent successor.
Mr Somelar commented: "It has been my pleasure to act as Chairman of Arricano since September 2018 and I am delighted
that, as I leave it to pursue other interests, it is trading well against the continuing backdrop of the COVID
pandemic. I wish the company and its staff continuing success."
Ganna Chubotina, Chief Executive Officer of Arricano, commented: "We are all grateful to Urmas Somelar for his wise
guidance over the last few years and wish him every success in his future endeavours".
Enquiries:
Arricano Real Estate plc
Tel: +357 25 582 535
Ganna Chubotina
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
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ISIN: CY0102941610
Category Code: MSCH
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.: 117961
EQS News ID: 1220049
End of Announcement EQS News Service
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July 19, 2021 12:00 ET (16:00 GMT)
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