The general meeting of shareholders of EfTEN Real Estate Fund III AS(registry
code 12864036, address A. Lauteri 5, 10114 Tallinn) adopted a resolution on
April 17, 2019 to increase the share capital of EfTEN Real Estate Fund III AS by
issuing up to 1,000,000 new ordinary shares of the fund. The subscription period
for EfTEN Real Estate Fund III AS shares started on May 16, 2019 and ended on
May 31, 2019. In total 2,012investors, including 1,014former shareholders of the
fund, participated in the offering.
Today the Supervisory Board of EfTEN Real Estate Fund III AS decided the
distribution of the subscribed shares to the investors. First of
all, 820,489 new shares were distributed to the former shareholders, in
accordance with the pre-emptive subscription rights specified in the prospectus.
For the remaining 179,511 shares, the subscription order limit was set at
10,000 shares, and to all investors were allocated shares according to their
subscription proportion of the total subscription volume.
Viljar Arakas
Member of the management board
Phone 655 9515
E-mail: viljar.arakas@eften.ee
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