EXTENSION – MEMORANDUM OF UNDERSTANDING

Further to the announcements of the Company dated 26/10/2020 and 22/01/2021, regarding the Memorandum of Understanding (MOU) signed between C.C.C. Tourist Enterprises Public Company Ltd, Emerald Coast Properties Ltd and Invel Real Estate Management (Cyprus) Ltd, for the possible acquisition of 100% of the issued shares of Parklane Hotels Limited, the Company announces that the…