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.

14 March 2025

Minoan Group Plc
(the "Company")

Secured Loan

Further to the announcement released on 6 January 2025, the Company confirms that it remains in discussions with the providers of its only secured debt, which expired on 31 December 2024, and expects to successfully resolve this situation in the next few weeks.

The Company will provide an update to shareholders on this and other negotiations at that time.

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

Minoan Group Plc                                                            mail@minoangroup.com

Zeus                                                                                 020 3829 5000
Antonio Bossi / Andrew De Andrade                                                       

Peterhouse Capital Limited                                              020 7469 0930

Duncan Vasey