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 completion of the acquisition, which is subject to the conclusion of the due diligence and the final agreements, has been extended until 15th March 2021.
For purposes of easy reference to the investors, we attach as Appendix A the announcement dated 26/10/2020 and 22/01/2021.
C.C.C. Secretarial Ltd
Limassol, 1st March 2021