EfTEN Real Estate Fund III AS (registry code 128640036, address A. Lauteri
5, 10114 Tallinn) hereby announces a public offering of shares of EfTEN Real
Estate Fund III AS and informs about the contemplated listing and admission to
trading of the new shares on the regulated market operated by Nasdaq Tallinn AS
(register code 10359206). The Public Offering is based on the decision of the
general meeting of shareholders on 17 April 2019.
Public Offering of Shares
EfTEN Real Estate Fund III AS offers up to 1 000 000 new ordinary shares, for
all natural and legal persons in Estonia in accordance with the Public Offering
Prospectus. An investor may subscribe to any amount of shares offered. The
minimum and maximum number of shares offered that can be subscribed for has not
been established. Existing shareholders of the fund, i.e. the persons who have
been entered in the list of shareholders of the fund as of 7 May 2019 COB of
Nasdaq CSD, have a pre-emptive right to subscribe for new shares in proportion
to the sum of the nominal values of their shares. The above, however, does not
preclude the existing shareholders' right to subscribe more or less for the
shares offered or not to subscribe for the shares offered. Existing shares are
not sold in the Offer.
The offering price of one share offered is 16 euros, of which 10 euros is the
nominal value of the share offered and 6 is the issue premium.
The subscription of the shares offered is carried out in Estonia through the
account managers of Nasdaq CSD SE Estonian branch. The subscription order shall
include the following information:
Securities account holder: Name of the investor
Securities account number of the
Securities account: investor
Name of the investor's securities
Securities account manager: account manager
EfTEN Real Estate Fund III aktsia
Security: additional 5
ISIN: EE3800046817
The number of shares offered, which
Quantity of securities: the investor wishes to subscribe
Price (per share): 16,00 EUR
Number of shares offered, which the
investor wishes to subscribe,
multiplied by the price of the
Transaction price: offered shares
Counterparty of transaction: EfTEN Real Estate Fund III AS
Counterparty's securities account: 99102006845
Counterparty's securities account
manager: Swedbank AS
Settlement date: 10.06.2019
Type of transaction: ?Purchase"
Settlement type: ?Delivery versus payment "
Subscription orders to participate in the offer can only be presented in euros
and the participant in the offer covers all the costs related to presenting the
subscription order and fees payable.
The time schedule of the offering of the shares is as follows:
16.05.2019 at 09:00 Start of the subscription period of the shares
31.05.2019 at 16.00 End of the subscription period of the shares
On or about 05.06.2019 Approval of the distribution of shares
Transfer of the shares to investors' securities
On or about 10.06.2019 accounts
The increase of the share capital is presumably
On or about 18.06.2019 registered in the Commercial Register
Expected listing of the shares and admission to trading
on the regulated market operated by Nasdaq Tallinn AS
On or about 20.06.2019 (on Baltic Main List)
Listing and Admission to Trading of Shares
EfTEN Real Estate Fund III AS has applied for listing and trading all offered
shares of the fund on the Nasdaq Tallinn Stock Exchange Main List. While every
effort will be made and due care will be taken in order to ensure the listing
and the admission to trading of the shares, EfTEN Real Estate Fund III AS cannot
ensure that the shares are listed and admitted to trading.
Availability of Prospectus
The public offering, listing and admission to trading prospectus of shares of
EfTEN Real Estate Fund III AS can be obtained at the office EfTEN Real Estate
Fund III AS at A. Lauteri 5, Tallinn (III floor) and in electronic format from
fund's website www.eref.ee (https://eref.ee/) and from the website of the
Financial Supervision Authority www.fi.ee (http://www.fi.ee).
Additionally, the prospectus is attached to this notice on public offering,
listing and admission to trading of shares of EfTEN Real Estate Fund III AS.
Before investing into shares of EfTEN Real Estate Fund III AS we ask you to
acquaint yourself with the whole prospectus.
Viljar Arakas
Member of the Management Board
Phone: 655 9515
E-mail: viljar.arakas@eften.ee
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