TIDMMIN

RNS Number : 7414J

Minoan Group PLC

07 December 2018

7 December 2018

MINOAN GROUP PLC

("Minoan")

Update re Placing & Share Issue

Following its announcement on 3 December 2018 of a Placing and Share Issue, Minoan announces that application will be made for the 31,000,000 New Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will now be effective on 10 December 2018.

As announced, the New Ordinary Shares are being allotted and issued under the authorities in place following Minoan's last Annual General Meeting held on 30 April 2018. Following Admission, there will be a total of 259,903,442 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 and Transparency Rules.

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

 
 Minoan Group Plc 
 Christopher Egleton                christopher.egleton@minoangroup.com 
 Bill Cole                          020 8253 4305 
 
 WH Ireland Limited                 020 7220 1666 
 Adrian Hadden/Chris Viggor 
 
 Cornhill Capital Limited           020 7710 9610 
 Daniel Gee 
 
 Sapience Communications Limited    020 3195 3240 
 Richard Morgan Evans

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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December 07, 2018 02:00 ET (07:00 GMT)

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