Minoan Group PLC
17 December 2007
MINOAN GROUP PLC
('Minoan' or 'the Company')
RESULT OF AGM AND PROJECT UPDATE
Annual General Meeting
Minoan Group Plc, the AIM-quoted leisure resort developer, announces that at its
Annual General Meeting, which was held today, all resolutions were duly passed.
Cavo Sidero Project - Architectural Competition
In relation to the ongoing planning and preparation for the development of the
Cavo Sidero Project, the Company is pleased to announce the winners of the
architectural competition for the design of 'Grandes Bay' - Cavo Sidero's first
tourism village.
Competition submissions were reviewed by a committee comprising independent
members and company executives. The submissions were all of the highest calibre
and the committee has nominated two practices as joint winners. The winners are
the firms of Alexandros Tombazis (Greece) and Baldrich Tobal (Spain). Both
practices are internationally recognized as leaders in their fields with the
ability to deliver sustainable solutions, bio-climatic design and long term
viability.
Shareholder Loyalty Scheme
Minoan has received an encouraging number of enquiries following the recent
announcement of its much enhanced shareholder loyalty scheme. The scheme, which
applies to both new and existing shareholders, provides improved benefits
rewarding long term shareholders with substantial discounts on a range of
properties.
For further information visit www.minoangroup.com or contact:
Christopher Egleton Minoan Group Plc 07808 722022
Bill Cole Minoan Group Plc 01689 897397
Jeremy Garrett-Cox/Nicola Marrin Seymour Pierce Limited 020 7107 8000
Nick Rome/Nick Farmer Bishopsgate Communications Ltd 020 7562 3350
Alan Frame Westport Communications Ltd 020 7404 7878
17 December 2007
This information is provided by RNS
The company news service from the London Stock Exchange
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