This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014
7 August 2019
Arricano Real Estate Plc
("Arricano" or the "Company")
Refinancing of Loan Facility
Arricano (AIM: ARO) announces that, further to its announcement of 26 July 2019, its wholly owned subsidiary Comfort Market Luks LLC ("CML"), which operates the Prospekt Shopping and Entertainment Complex, located in Kyiv, Ukraine ("SEC") yesterday drew down, following satisfaction of the relevant conditions precedent, the first tranche of USD 6.808 million from Public Joint Stock Company "State Savings Bank of Ukraine" ("Oschadbank").
A further announcement will be issued when the further tranche(s) are advanced.
For further information, please contact:
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Arricano Real Estate plc
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Tel: +38 044 594 9471
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Mykhailo Merkulov
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Nominated Adviser and Broker:
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Tel: +44 (0)20 7220 1666
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WH Ireland Limited
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Chris Fielding
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Financial PR:
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Tel: +44 (0)20 3151 7008
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Novella Communications Limited
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Tim Robertson/Fergus Young
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