REG - Minoan Group PLC - Issue of Shares

MinoanAnnouncement

01/08/2023 07:15

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RNS Number : 7888H  Minoan Group PLC  01 August 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.

1 August 2023

Minoan Group Plc

("Minoan" or the "Company")

Issue of Shares

The Directors of Minoan announce the issue of 16,140,103 ordinary shares of 1p
each ("Ordinary Shares") in order to settle certain existing liabilities. The
shares will be issued at 1p per Ordinary Share.

Application has been made for a total of 16,140,103 new Ordinary Shares to be
admitted to trading on AIM ("Admission") and it is expected that Admission
will be effective from 2 August 2023. Following Admission, there will be a
total of 751,368,219 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
 

 

Peterhouse Capital Limited
                               020 7469 0930

Duncan Vasey
 
 

 

 

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