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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)
Update on Loan Facility
29-Jul-2020 / 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.
This announcement contains inside information for the purposes of Article 7
of EU Regulation 596/2014.
29 July 2020
Arricano Real Estate Plc
(together with its subsidiaries "Arricano" or the "Group")
Update on Loan Facility
Further to its announcement on 18 June 2020, Arricano (AIM: ARO), a leading
real estate developer and shopping mall operator in Ukraine, is pleased to
announce that on 29 July 2020 the Group entered into a new loan agreement
with Raiffeisen Bank Aval to refinance two loans with the same bank granted
in 2015 and in 2019.
The main terms of the loan agreement are as follows:
* Loan facility amount: up to UAH 290 million;
* Repayment date: 31.12.2025.
* Interest rate: 13.25% per annum.
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
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.: 78847
EQS News ID: 1105515
End of Announcement EQS News Service
(END) Dow Jones Newswires
July 29, 2020 11:30 ET (15:30 GMT)
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