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RNS - ARRAS GROUP S.P.A.: THE COURT OF MILAN GRANTED THE EXTENTION OF THE TERM FOR THE DEPOSIT OF THE PLAN FOR COMPOSITION WITH CREDITORS OR THE DEBTS RESTRUCTURING AGREEMENT

Company: Arras Group Date: 2025-06-17 Language: English Register to download

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## **PRESS RELEASE**

## **ARRAS GROUP S.P.A.: THE COURT OF MILAN GRANTED THE EXTENTION OF THE TERM FOR THE DEPOSIT OF THE PLAN FOR COMPOSITION WITH CREDITORS OR THE DEBTS RESTRUCTURING AGREEMENT**

**Milan, June 17, 2025** – **Arras Group S.p.A.** ("**Arras Group**" or the "**Company**"), a technological company for the real estate development of second homes mainly in Sardinia, listed on the professional segment of Euronext Growth Milan, announces that the Court of Milan (Section Enterprises Crisis) granted to the Company an extension of the term for the deposit of the plan for composition with creditors (the "*Concordato Plan*") or the debts restructuring agreement ("*ADR*") up to August 5, 2025, within the proceeding *ex* art. 44 CCII and upon the proper Company's request dated June 6, 2025.

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This press release is available for download in the 'Investor/Press Release' section of the website and at www.1info.it.

## *ARRAS GROUP*

Arras Group is a technology company for real estate development of second homes, primarily in Sardinia, listed on the professional segment of Euronext Growth Milan. The company was founded in 2020 on the initiative of Enrico Arras, who has been working in the real estate sector for over 10 years. Structured as an operational holding company, Arras Group ("Arras Group" or the "Group"), develops each initiative with an ad hoc real estate vehicle wholly controlled by the same, keeping under Arras Group S.p.A. all central services such as feasibility studies, planning and marketing with the aim of becoming the point of reference for those who want to purchase an exclusive property, characterised by the highest standards in the sector, also in terms of applied technology and environmental impact.

**Contacts: Investor Relator Arras Group S.p.A**  Largo Domodossola, 7 – 20145 Milano Ignazio Arcuri ag@arrasgroupspa.com

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