MINOAN GROUP PLC — Remuneration Information 2019

Dec 31, 2019

National Storage Mechanism | Additional information

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RNS Number : 3167Y

Minoan Group PLC

31 December 2019

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.

31 December 2019

MINOAN GROUP PLC

("Minoan" or the "Company")

Option Expiry Dates 

Shareholders are aware from previous announcements that, historically, certain directors and executives have agreed to accept options in lieu of their remuneration. These options are due to expire on 31 December 2019. Minoan's Board has decided that it is in the best interest of the Company to extend the expiry date of those options granted to the directors Grahame  Cook, Barry Bartman and Timothy Hill and certain others who are not on the Board .

As a result, the expiry dates of options to subscribe for a total of 11,252,136 ordinary shares in the Company at 1p per share have been extended to 31 December 2020.

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

Minoan Group Plc
Christopher Egleton	christopher.egleton@minoangroup.com
Bill Cole	william.cole@minoangroup.com
WH Ireland Limited	020 7220 1666
Adrian Hadden/Lydia Zychowska
Pello Capital Limited	020 7710 9610
Daniel Gee
Sapience Communications Limited	020 3195 3240
Richard Morgan Evans

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