Pebercan Ends Commercial Activities

Pebercan will end its commercial activities and will distribute its residual assets stemming from payments received by Cuban authorities through its subsidiary, Peberco Limited, as previously announced.

The Board of Directors is currently assessing various options at its disposal in order to complete distribution of the amount to which each of its shareholders would be entitled, after having set aside appropriate provisions to satisfy all of its undertakings.

The Company will disclose the details of the distribution plan upon its finalization.