REG - Minoan Group PLC - Presidential Decree - Appeals Hearing Date <Origin Href="QuoteRef">MIN.L</Origin>

MinoanAnnouncement

08/06/2016 10:35

RNS Number : 5942A
Minoan Group PLC
08 June 2016
8 June 2016
Minoan Group Plc
(Minoan" or "the Company")
Presidential Decree - Appeals Hearing Date
Minoan is pleased to inform shareholders that Greece's Supreme Administrative Court, the Council of State, has set an early hearing of the appeals against the Greek State's issuance of the Presidential Decree ("PD") granting the equivalent of outline planning consent for the Group's project in Crete. The hearing has been set for 4 July 2016 at an extra Court session within the Summer recess period of the Court.
Christopher Egleton, Minoan Chairman, commented:
"Given the circumstances, the early hearing outside of the normal flow of cases is an indication of the importance being attached to encouraging foreign investments in Greece. The Company is looking forward to the hearing with confidence in the Greek Justice system, which has already twice confirmed that the PD had been lawfully proposed. 
The Company will keep shareholders updated with any further news as soon as it is available".
For further information visit www.minoangroup.comor contact: 
Minoan Group Plc

Christopher Egleton 
christopher.egleton@minoangroup.com
Duncan Wilson
duncan.wilson@minoangroup.com
Bill Cole
william.cole@minoangroup.com


WH Ireland Limited
020 7220 1666
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Morgan Rossiter 
020 3195 3240
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