Athens, August 2, 2017 – Frigoglass S.A.I.C. (“Frigoglass” or the “Company” and, together with its consolidated subsidiaries, the “Group”), further to its announcements dated June 19, 2017, July 6, 2017 and July 28, 2017, announces that the High Court of Justice of England and Wales (the “Court”) made an order dated August 1, 2017 sanctioning the scheme of arrangement (the “Scheme”) proposed by its subsidiary, Frigoglass Finance B.V. (the “Issuer”).