Arricano Real Estate Plc: New Relationship Agreement (838831)

 
 Arricano Real Estate Plc (ARO) 
Arricano Real Estate Plc: New Relationship Agreement 
 
10-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. 
 
                                                                10 July 2018 
 
                          Arricano Real Estate plc 
 
                       ("Arricano" or the "Company") 
 
                         New relationship agreement 
 
Further to its announcement on 30 November 2018, Arricano yesterday entered 
into a new relationship agreement with its principal shareholder, Retail 
Real Estate OU ("RRE"). RRE, which owns 55.04% of the issued voting rights 
of the Company, is wholly owned by Hillar Teder. 
 
Under the new relationship agreement with Mr Teder, RRE and WH Ireland 
Limited, Arricano's nominated adviser, (the "Agreement"), Mr Teder and RRE 
are now entitled to utilise the voting rights attaching to their 56,835,940 
ordinary shares of the Company. However, they have agreed, inter alia, to 
procure that Arricano is capable at all times of carrying on business 
independently of Mr Teder and RRE and that any agreements between the 
Arricano Group and Mr Teder or RRE will be subject to the approval of 
directors of the Company independent of Mr Teder and RRE. 
 
For further information, please contact: 
 
CEO: Tel: +380 44 569 6708 
 
Arricano Real Estate plc 
 
Mykhailo Merkulov 
 
Financial PR: Tel: +44 (0)20 3151 7008 
 
Novella Communications Limited 
 
Tim Robertson 
 
Nominated Adviser and Broker: Tel: +44 (0)20 7220 1666 
 
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.:   12870 
EQS News ID:    838831 
 
End of Announcement EQS News Service

(END) Dow Jones Newswires

July 10, 2019 02:01 ET (06:01 GMT)

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