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Result of AGM

17th Dec 2007 14:50

Minoan Group PLC17 December 2007 MINOAN GROUP PLC ("Minoan" or "the Company") RESULT OF AGM AND PROJECT UPDATE Annual General MeetingMinoan Group Plc, the AIM-quoted leisure resort developer, announces that at itsAnnual General Meeting, which was held today, all resolutions were duly passed. Cavo Sidero Project - Architectural CompetitionIn relation to the ongoing planning and preparation for the development of theCavo Sidero Project, the Company is pleased to announce the winners of thearchitectural competition for the design of 'Grandes Bay' - Cavo Sidero's firsttourism village. Competition submissions were reviewed by a committee comprising independentmembers and company executives. The submissions were all of the highest calibreand the committee has nominated two practices as joint winners. The winners arethe firms of Alexandros Tombazis (Greece) and Baldrich Tobal (Spain). Bothpractices are internationally recognized as leaders in their fields with theability to deliver sustainable solutions, bio-climatic design and long termviability. Shareholder Loyalty SchemeMinoan has received an encouraging number of enquiries following the recentannouncement of its much enhanced shareholder loyalty scheme. The scheme, whichapplies to both new and existing shareholders, provides improved benefitsrewarding long term shareholders with substantial discounts on a range ofproperties. For further information visit www.minoangroup.com or contact: Christopher Egleton Minoan Group Plc 07808 722022Bill Cole Minoan Group Plc 01689 897397Jeremy Garrett-Cox/Nicola Marrin Seymour Pierce Limited 020 7107 8000Nick Rome/Nick Farmer Bishopsgate Communications Ltd 020 7562 3350Alan Frame Westport Communications Ltd 020 7404 7878 17 December 2007 This information is provided by RNS The company news service from the London Stock Exchange

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Minoan
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