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

Notifications of major holdings

Unique data record identifier

2995

Submission date and time

15.02.2011 13:24:13

Content of announcement in Estonian

Title

Olulise osaluse muutus

Message

14.02.2011 informeerisid Firebird Republics Fund Ltd ja Firebird Avrora Fund
Ltd  Arco Vara AS-i, et 11.02.2011 omandas Firebird Avrora Fund Ltd 106,897
Arco Vara AS aktsiat. Koos Firebird Republics Fund Ltd 156,064 aktsiaga kuulub
neile nüüd 5,4% (262,961) Arco Vara AS aktsiatest. 

Firebird Avrora Fund Ltd haldusfirma on Firebird Avrora Advisors LLC ja
Firebird Republics Fund Ltd haldusfirma on Firebird Management LLC. Mõlemaid
haldusfirmasid juhitakse Eastern Star Consulting Inc poolt. 

Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud
1992.aastal. Ettevõtte põhitegevus on kinnisvaraarendus, mida toetavad
hindamine, ehitus ja kinnisvarahaldus. 
Firmal on esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias.


Lembit Tampere
Juhatuse liige
Arco Vara AS
Tel: +372 614 4630

[email protected]
http://www.arcorealestate.com

Content of announcement in English

Title

Notice on change in major holding

Message

On 14 February 2011, Firebird Republics Fund Ltd and Firebird Avrora Fund Ltd
informed Arco Vara AS of acquisition of 106,897 Arco Vara AS shares by Firebird
Avrora Fund Ltd on 11 February 2011. Together with the 156,064 shares belonging
to Firebird Republics Fund Ltd, they now own 5.4% (262,961) Arco Vara AS
shares. 

The management company of Firebird Avrora Fund Ltd is Firebird Avrora Advisors
LLC and the management company of Firebird Republics Fund Ltd is Firebird
Management LLC. Both management companies are managed by Eastern Star
Consulting Inc. 

Established in 1992, Arco Vara is one of the leading real estate development
companies in the Baltic countries. The main activity of the company is real
estate development, supported by appraisal, construction and real estate
administration. 
The company has offices in 17 cities in Estonia, Latvia, Ukraine and Bulgaria.


Lembit Tampere
Member of the Management Board
Arco Vara AS
Tel: +372 614 4630

[email protected]
http://www.arcorealestate.com