Change in beneficial owner (1002855)
March 20 2020 - 6:15AM
UK Regulatory
Arricano Real Estate Plc (ARO)
Change in beneficial owner
20-March-2020 / 11:15 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.
20 March 2020
Arricano Real Estate plc
("Arricano" or the "Company")
Change in beneficial owner
Arricano was yesterday informed by Hillar Teder that he had transferred his
100% equity interest in Retail Real Estate OU ("RRE") to his son, Rauno
Teder.
As a result, Rauno Teder, who is already interested in 15.92% of the issued
voting rights of the Company (7.48% - directly and 8.34% through Deltamax
Group OU), will acquire RRE's interest of 55.04% in the Company, so
increasing his aggregate interest to 70.86% of the Company.
Rauno Teder and RRE have therefore entered into a relationship agreement
with the Company and WH Ireland Limited, Arricano's nominated adviser, in
the same terms as that announced with Hillar Teder on 10 July 2019.
For further information, please contact:
CEO: Tel: +380 44 594 9471
Arricano Real Estate plc
Ganna Chubotina
Financial PR: Tel: +44 (0)20 3151 7008
Novella Communications Limited
Tim Robertson/ Fergus Young
Nominated Adviser and Broker: Tel: +44 (0)20 7220 1666
WH Ireland Limited
Chris Fielding
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.: 53643
EQS News ID: 1002855
End of Announcement EQS News Service
(END) Dow Jones Newswires
March 20, 2020 07:15 ET (11:15 GMT)
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