Arricano Real Estate Plc: Increase of Loan Facility (824675)
June 14 2019 - 3:00AM
UK Regulatory
Arricano Real Estate Plc (ARO)
Arricano Real Estate Plc: Increase of Loan Facility
14-Jun-2019 / 08:00 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.
14 June 2019
Arricano Real Estate Plc
("Arricano" or the "Company")
Increase of Loan Facility
Further to the announcement dated 14 August 2018 detailing the TAS Loan
Agreement with the Company's wholly owned subsidiary Livoberezhzhiainvest
PJSC ("LBI"), Arricano (AIM: ARO) announces that the amount available to LBI
for drawdown under the TAS Loan Agreement yesterday has increased by USD4
million to USD20 million. The funds will be used for general corporate and
working capital purposes.
All other substantial commercial terms of the TAS Loan Agreement, as
detailed in previous announcement, remain the same.
For further information, please contact:
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/Fergus Young
ISIN: CY0102941610
Category Code: MSCL
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.: 10179
EQS News ID: 824675
End of Announcement EQS News Service
(END) Dow Jones Newswires
June 14, 2019 03:00 ET (07:00 GMT)
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