Glasgow-based Minoan Group has secured £1.5 million in additional funding to help with acquisitions and general working capital.
Monian, parent of Stewart Travel and other travel companies, has agreed to issue three-year unsecured convertible loan notes up to a maximum amount of £1.5 million
In an announcement this morning, the group also said it has ‘become aware of articles overnight in the Greek media’ reporting it has received a key approval for its planned five-star resort development in Crete.
"The company will provide further information once the official announcement has been received and translated," it said.
