ARO Arricano Real Estate Plc

 
 Arricano Real Estate Plc (ARO) 
Loan Facility 
 
21-Feb-2020 / 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. 
 
This announcement contains inside information for the purposes of Article 7 
of EU Regulation 596/2014. 
 
                                                            21 February 2020 
 
                          Arricano Real Estate Plc 
 
                (together with its subsidiaries "Arricano") 
 
                            Further disbursement 
 
    Arricano first announced a new loan facility ("Facility") for its wholly 
  owned subsidiary Comfort Market Luks LLC, which operates the Kyiv Prospekt 
  Shopping and Entertainment Complex, with Public Joint Stock Company "State 
                                   Savings Bank of Ukraine" on 26 July 2019. 
 
 Arricano is pleased to announce today that, having satisfied the conditions 
         precedent, it yesterday drew down a further USD2.500 million of the 
 remaining USD12.192 million available under the Facility. Further drawdowns 
 under the facility, unless price sensitive, will be aggregated and reported 
                             on in the Company's annual and interim reports. 
 
       This drawdown will be utilised to finance ongoing construction of the 
                       Lukianivka Shopping and Entertainment Center in Kyiv. 
 
                                                                  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: MSCM 
TIDM:          ARO 
LEI Code:      213800F8AMPULEKXFX22 
Sequence No.:  48072 
EQS News ID:   980585 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

February 21, 2020 02:00 ET (07:00 GMT)

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