Purcari Wineries acquires 76 shares of Angel'\'\'\'\'s Estate' winery in Bulgaria

business development. The transaction is expected to be completed within two weeks of the signing of the share purchase contract.

"The acquisition of Angel'\''s Estate is a step forward in realizing our goal of becoming the enduring leader of winemaking in Central and Eastern Europe, acting as a consolidator in this fragmented industry. We are adding a new geography to our group and consider it a great privilege to develop Bulgaria's millennial wine tradition, including the expansion of Angel'\''s Estate's existing export operations. We expect strong synergies from Angel's Estate joining the extended Purcari family and will work to maximize the potential of this business under our management," says Evgeny Komendant, Chief Operating Officer of Angel's Estate. 'Purcari Wineries PLC.

Purcari Wineries Public Company Limited

(including the Purcari, Crama Ceptura, Bostavan, Bardar and Domeniile Cuza brands) is one of the largest wine and brandy groups in Central and Eastern Europe.