14 August 2018
Arricano Real Estate Plc
("Arricano" or the "Company")
Increase of Loan Facility
Further to the announcement dated 31 July 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 has increased by USD0.8 million to USD16 million. All other terms of the TAS Loan Agreement, as detailed in that announcement, remain the same.
This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Arricano Real Estate plc
Mykhailo Merkulov
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Tel: +380 44 569 6708
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Nominated Adviser and Broker
Smith & Williamson Corporate Finance Limited
Azhic Basirov
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Tel: +44 (0)20 7131 4000
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Financial PR
Novella
Tim Robertson/Toby Andrews
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Tel: +44(0)20 3151 7008
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