This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

12 May 2020

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Two retail shopping centres re-opened

Further to its announcement dated 23 April 2020, Arricano is pleased to announce that the temporary restrictions of customer access to its retail shopping centres in Zaporizhzhia and Kryvyi Rig have been lifted by the local authorities.

As a result, Arricano's City Mall and Sun Gallery shopping centres fully re-opened for business today bar their food courts and entertainment centres. 

Arricano's other shopping centres remain only partly opened with only hypermarkets, pharmacies and some other stores open for business. 

Further announcements will be made by the Company when the situation changes further.

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