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IN BRIEF: Minoan shares surge amid debt resolution expectations

ALN

Minoan Group PLC - company developing a tourism project in Greece - Shares climb 16% as it remains in discussions with the providers of its only secured debt which expired on December 31. Expects to successfully resolve situation in the coming weeks. Notes that it will further update shareholders on this situation as well as other negotiations in due course.

Current stock price: 0.38 pence, up 16% on Friday afternoon in London

12-month change: down 45%

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