Change in beneficial owner (1002855)

 
 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: [phone] 
 
Arricano Real Estate plc 
 
Ganna Chubotina 
 
Financial PR: Tel: [phone] 
 
Novella Communications Limited 
 
Tim Robertson/ Fergus Young 
 
Nominated Adviser and Broker: Tel: [phone] 
 
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)