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| 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 |
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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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