REG - Minoan Group PLC - Change of Director

MinoanAnnouncement

08/03/2024 07:00

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RNS Number : 0632G  Minoan Group PLC  08 March 2024

The information contained within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulation (EU) No.
596/2014. Upon the publication of this announcement, this inside information
is now considered to be in the public domain.

8 March 2024

Minoan Group Plc

("Minoan" or the "Company")

Change of Director

The Company announces that Professor George Mergos, for personal reasons, has
resigned as a Director of Minoan and Chairman of Loyalward Limited, the
Group's wholly owned subsidiary.

Professor Mergos joined the Board in February 2022 and the Board thanks him
for his hard work in pushing forward the contract with the Foundation.

The Company has appointed a new external Greek advisory team and additional
legal support to complete the negotiations with the Foundation and in
preparation for the next stage in the development of the Project.

In the coming weeks the Company expects to make further announcements on board
changes, including a new Chairperson of Loyalward, and on other matters, as it
moves ahead with the Project as outlined in the Update provided on 5 January.

 

For further information visit www.minoangroup.com or contact:

Minoan Group Plc

Christopher Egleton
 
                christopher.egleton@minoangroup.com

 

W H Ireland
Limited
020 7220 1666

Antonio Bossi / Andrew de Andrade
 
 

 

Peterhouse Capital Limited
 
020 7469 0930

Duncan Vasey
 
 

 

 

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