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

1 June 2020

Arricano Real Estate Plc

(together with its subsidiaries "Arricano")

Re-opening of Shopping Centres

Further to the announcement dated 12 May 2020, Arricano is pleased to confirm that the temporary restriction by the local authorities relating to customer access to its retail shopping centres has now been lifted.

As a result, all five of Arricano's shopping centres re-opened for business on 30 May 2020, with the exception of food courts, cinemas and entertainment centres. 

Anna Chubotina, Chief Executive of Arricano, said, "We are very pleased to be able to re-open. The immediate response from our retail tenants has been positive and we will work closely with them to encourage visitors back into our shopping centres and to do so safely. We look forward to getting back to business as normal."

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