Market announcement

Arco Vara AS

LEI code

097900BHCB0000066171

Size of the entity

Small group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

10056

Submission date and time

11.01.2023 09:00:00

Content of announcement in Estonian

Title

Arco Vara alustab butiikelamu ehitusega

Message

Arco Vara AS-i tütarettevõte Kerberon OÜ sai 2022. aasta detsembris Kuldlehe
arendusele ehitusloa ning on sõlminud nüüdseks ehituslepingu Combicon OÜ-ga.

Kuldlehe müügiga tehakse erisus, kus Vabariigi aastapäevani on eelisõigus Arco
Vara AS-i aktsionäridel ja võlakirja omanikel. Aktsiate kogus ei ole
limiteeritud ehk piisab, kui ostjal on 1 aktsia. Projekti eelmüük on alanud ja
avaliku müügiga alustatakse märtsis 2023. Oodatav müügitulu on 4,3 miljonit
eurot.

Lehiku tee 11 kinnistule on kavandatud 5 koduga kolmekordne kobarelamu - ühise
sissepääsuga elamud viiele perele. Hoonel on kaks maapealset ning üks osaliselt
maa-alune korrus, kus asuvad parkla ning panipaigad. Arenduses on maapealset
netopinda kokku 853 m(2).

Lisainfo saamiseks pöörduge e-mailile [email protected]
(mailto:[email protected]).


Tiina Malm
Finantsjuht
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=r3a_Jpj17cfdSxB2Ctcc2ZwCDU1UPe45pNvN
gPXr8LI8vqTYotwly4sFXaMskCIMHt7W8mAOBniwIsoBnfCFyMdvK2ph4yrggrzZSKCtGSA=)

Content of announcement in English

Title

Arco Vara launches construction of a boutique residential building

Message

Subsidiary of Arco Vara, Kerberon OÜ that in December 2022 was granted a
building permit for the Kuldlehe development has now entered into the building
contract with Combicon OÜ.

The sale of the Kuldlehe development includes a special clause that grants the
holders of Arco Vara AS shares or bonds a pre-emptive right until 24(th) of
February. The offer is available to all Arco Vara shareholders regardless the
amount of their holding. The pre-sale has started, and public sale will commence
in March 2023. Expected revenue is 4.3 million euros.

The property at Lehiku tee 11 will have a three-storey residential building with
a joint entrance and homes for 5 families. The building will have two floors
above ground and one semi-underground floor for the parking lot and storage
areas. The net above-ground area of the development will be 853 square metres.

For additional information please send your inquiry to [email protected]
(mailto:[email protected]).


Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
[email protected]
(https://www.globenewswire.com/Tracker?data=r3a_Jpj17cfdSxB2Ctcc2ZwCDU1UPe45pNvN
gPXr8LI8vqTYotwly4sFXaMskCIMHt7W8mAOBniwIsoBnfCFyMdvK2ph4yrggrzZSKCtGSA=)