Von der Heyden Group Finance plc - Sale of Cugó Gran Hotel

On 21 October 2020, Von der Heyden Group Finance plc announced that it concluded the sale of the Cugó Gran Hotel which is located in Menorca, Spain. The company also added that the transaction is expected to have a positive impact on the overall cash position and also enable the full repayment of the €5 million loan that Von der Heyden Group Finance plc had granted to Timan Investments España S.L. (a sister company within the Von der Heyden Group) in relation to this property.