Amendment to Loan Agreement (1179400)
March 29 2021 - 10:30AM
UK Regulatory
Arricano Real Estate Plc (ARO)
Amendment to Loan Agreement
29-March-2021 / 16:30 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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This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
29 March 2021
Arricano Real Estate Plc
(together with its subsidiaries "Arricano")
Amendment to the loan agreement
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 TASCOMBANK JSC.
PRIVATE JOINT-STOCK COMPANY "UKRPANGROUP", a subsidiary of Arricano, on 26 March 2021, entered into an amendment to the
current USD 12.0 million loan agreement with TASCOMBANK JSC to decrease the interest rate from 9.75% to 8% per annum.
The loan is repayable in June 2024.
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
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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.: 96533
EQS News ID: 1179400
End of Announcement EQS News Service
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