Share Price Movement/Media Comment

RNS Number : 7998H

Minoan Group PLC

18 March 2015

 



18 March 2015

MINOAN GROUP PLC

("Minoan" or the "Company" or the "Group")

Share Price Movement/Media Comment

The Board of Minoan notes the recent movement in the Company's share price and also comment in the media regarding the draft presidential degree in respect of the Group's project in Crete (the "Project"). The draft presidential decree approves the development plan and the strategic environmental impact study in respect of the Project, which were submitted last year.

Minoan is pleased to confirm that a Plenum of the Greek Council of State (the highest court in Greece) has unanimously approved the draft presidential decree, with no dissenting opinions, which was signed off by the President of the Council of State.

The draft presidential decree will now go to the relevant Ministers and finally to the President of the Republic for their signatures.

The Company will make a further announcement as and when appropriate.  

For further information please visit www.minoangroup.comor contact:

Minoan Group Plc
Christopher Egleton	[e-mail]
Duncan Wilson	0141 226 2930
Bill Cole	020 8253 4305
WH Ireland Limited	020 7220 1666
Adrian Hadden/Mark Leonard
Throgmorton Street Capital	020 7071 0808
Forbes Cutler
Morgan Rossiter	020 3195 3240
Richard Morgan Evans/James Rossiter

 

END

 

 

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