Minoan Group Plc is a holding and management company. The Company operates primarily through its subsidiaries. The Company is engaged in the design, creation, development and management of environmentally friendly luxury hotels and resorts plus the provision of general management services. Its luxury resorts division is engaged in the development of a resort in Cavo Sidero, Crete (the Project). The Company’s subsidiaries include Loyalward Limited, Loyalward Leisure PLC and Loyalward Hellas S.A. Loyalward Hellas S.A. is engaged in corporate, resort and renewable energy business management in Greece. Loyalward Limited is engaged in resort design, creation, services and management in United Kingdom.