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Ettevõte EfTEN Real Estate Fund AS
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Kategooria Muud korporatiivtoimingud
Avaldamise aeg 03 juuni 2021 10:57:15 +0300
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Pealkiri Announcement on the distribution of new shares of EfTEN Real Estate Fund III AS
Tekst
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 15, 2021 to increase the share capital of EfTEN Real Estate Fund III AS by
issuing up to 850,000 new ordinary shares of the fund. The subscription period
for EfTEN Real Estate Fund III AS shares started on May 14, 2021 and ended on
May 31, 2021. In total 4,564  investors, including 2,332 existing 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, 726,864  new  shares  were  distributed  to  the  existing shareholders, in
accordance with the pre-emptive subscription rights specified in the prospectus.
For   the   remaining 123,136 shares,  the  subscription  order  limit  was  set
at 698 shares,  and to  all investors  were allocated  shares according to their
subscription   proportion   of   the  adjusted  subscription  volume  after  the
preferential  allocation.  Rounding  to  the  nearest  whole  number was used to
determine  the  exact  number  of  shares.  In  the  part  exceeding  the offer,
2,217,897 oversubscribed shares were annulled.

Viljar Arakas
Member of the management board
Phone 655 9515
E-mail: viljar.arakas@eften.ee