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ARO Arricano Real Estate Plc

0.25
0.00 (0.00%)
Last Updated: 01:00:00
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

COVID-19 Trading Update (1007855)

26/03/2020 11:00am

UK Regulatory


 
 Arricano Real Estate Plc (ARO) 
COVID-19 Trading Update 
 
26-March-2020 / 11:00 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. 
 
                                                               26 March 2020 
 
                          Arricano Real Estate Plc 
 
                (together with its subsidiaries "Arricano") 
 
                Temporary closure of retail shopping centres 
 
Further to its announcement dated 17 March 2020, Arricano announces that the 
     Ukrainian central government has extended the temporary restrictions of 
   customer access to Ukrainian retail shopping centres until 24 April 2020. 
 
Arricano's shopping centres Prospekt (Kyiv); Rayon (Kyiv); City Mall 
(Zaporizhzhia); and Sun Gallery (Kryvyi Rig) are affected, however 
hypermarkets, pharmacies and some other stores located therein remain open 
for business. 
 
While it is too early to evaluate the full economic impact of the temporary 
closure, it is likely that it will have a negative overall effect on the 
Company's 2020 performance. Nonetheless, the Company believes that its high 
quality portfolio of operating assets, market leading tenants, and 
experienced team will protect the long-term value for the investors. 
 
                                                                  Enquiries: 
 
                              Arricano Real Estate plc Tel: +38 044 594 9471 
 
                                                             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 
 
ISIN:           CY0102941610 
Category Code:  MSCH 
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.:   54753 
EQS News ID:    1007855 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

March 26, 2020 07:00 ET (11:00 GMT)

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