REG - Minoan Group PLC - Notice of Annual General Meeting

MinoanAnnouncement

06/04/2023 07:00

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RNS Number : 5431V  Minoan Group PLC  06 April 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.

6 April
2023

Minoan Group Plc

(the "Company" or "Minoan")

Notice of Annual General Meeting

 

Minoan Group Plc announces that its Annual General Meeting will be held at
10.00 am on 28 April 2023 at the offices of Pinsent Masons LLP, 30 Crown
Place, London, EC2A 4ES.

 

The Notice of Annual General Meeting will be available on the Company's
website from today and will be posted today to those shareholders who have
elected to continue to receive hard copy communications from the Company.

 

Minoan remains in active discussions concerning the Company's secured debt
with DAGG LLP and expects to conclude these in the coming weeks. As reported
on 9 December 2022, the Company's discussions with the Public Welfare
Ecclesiastical Foundation Panagia Akrotiriani (the "Foundation") on amendments
to the contract between Minoan's wholly subsidiary Loyalward Limited and the
Foundation (the "Contract"), although taking longer than hoped for, are
progressing.

 

In parallel, as also reported on 9 December 2022, the Company is moving ahead
with commercial discussions based on the Contract. To that end Minoan is in
active and encouraging dialogue with a number of parties, both in the
hospitality space and in the form of strategic investments, commercial
arrangements and banking partnerships. Most of these conversations are taking
place under Non Disclosure Agreements.

 

The Company looks forward to be able to report further on these discussions in
the near term. Should the Company reach an agreement with the Foundation to
any changes to the Contract, any relevant commercial agreements with other
parties will be adjusted accordingly.

 

The Company intends to publish its financial results for the year to 31
October 2022 prior to the Annual General Meeting.

 

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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