REG - Minoan Group PLC - Exercise of Options

MinoanAnnouncement

21/03/2023 10:00

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RNS Number : 7122T  Minoan Group PLC  21 March 2023

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.

21 March 2023

Minoan Group Plc

("Minoan" or the "Company")

Exercise of Options

Following the exercise of Options, Minoan is issuing 2,711,111 Ordinary Shares
of 1p each at 1 pence per share.

Application has been made for a total of 2,711,111 new Ordinary Shares to be
admitted to trading on AIM ("Admission") and it is expected that Admission
will be effective from 27.03.23. The new Ordinary Shares are issued under the
authorities in existence at the close of Minoan's last Annual General Meeting
held on 29 April 2022. Following Admission, there will be a total of
735,228,116 Ordinary Shares in issue. This figure may be used by shareholders
as the denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest in,
Minoan under the FCA's Disclosure Guidance and Transparency Rules.

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

Minoan Group Plc

Christopher Egleton
 
christopher.egleton@minoangroup.com

George
Mergos
georgios.mergos@minoangroup.com

 

W H Ireland
Limited
020 7220 1666

Antonio Bossi / Enzo Aliaj
 

 

Peterhouse Capital Limited
                               020 7469 0930

Duncan Vasey
 
 

 

 

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