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ARO Arricano Real Estate Plc

0.25
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Arricano Real Estate Plc LSE:ARO London Ordinary Share CY0102941610 ORD EUR0.0005 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.25 0.15 0.35 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Arricano Real Estate PLC Update on Loan Facilities (0580X)

29/04/2021 10:00am

UK Regulatory


Arricano Real Estate (LSE:ARO)
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TIDMARO

RNS Number : 0580X

Arricano Real Estate PLC

29 April 2021

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

   29   April 2021 

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" entered yesterday into an amendment to the current loan agreement with State Savings Bank of Ukraine to decrease the interest rate from 7.5% to 6.5% per annum.

Current principal outstanding under the loan agreement equals USD 17 , 2 mln. The loan is repayable in July 2026.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCVKLBLFZLXBBV

(END) Dow Jones Newswires

April 29, 2021 05:00 ET (09:00 GMT)

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