ARO Arricano Real Estate Plc

 
 Arricano Real Estate Plc (ARO) 
Arricano Real Estate Plc: Potential Property Disposal 
 
31-Jul-2019 / 07:00 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. 
 
                     31 July 2019 
 
          Arricano Real Estate Plc 
 
          ("Arricano" or the "Company") 
 
          Potential Property Disposal 
 
Arricano is pleased to announce it has entered into negotiations to sell two 
 of its properties in its property portfolio, Sun Gallery (located in Kryvyi 
 Rih, Ukraine) and City Mall (located in Zaporizhzhia, Ukraine). The Company 
     has entered into non-binding heads of terms ("HoT") with Dragon Capital 
    Investments Limited and with other parties in relation to such sale. Sun 
  Gallery is currently held in Arricano's subsidiary, PrJSC "Ukrpangroup", a 
   Ukrainian subsidiary of Museo Holdings Limited and City Mall is currently 
 held in in Arricano's subsidiary, "Pryzma Alfa" LLC, a Ukrainian subsidiary 
                     of Sunloop Co Limited. 
 
             Further details of the disposal will be provided in due course. 
 
                     Enquiries: 
 
Arricano Real Estate plc       Tel: +38 044 594 9471 
 
Mykhailo Merkulov 
 
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/Toby Andrews 
 
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.:   15135 
EQS News ID:    849219 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

July 31, 2019 02:00 ET (06:00 GMT)

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