Exciting Share Offering from EfTEN Real Estate Fund AS

Announcing a Public Offering of Shares by EfTEN Real Estate Fund AS

EfTEN Real Estate Fund AS is thrilled to announce a public offering of shares, following a decision made by the fund's Supervisory Board. This offering allows investors the opportunity to participate in the growth and successes of EfTEN Real Estate Fund AS.

Details of the Share Offering

The offering consists of up to 1,000,000 new ordinary shares available to natural and legal persons in select Baltic countries. There’s an exciting possibility for the fund to increase this offering by an additional 500,000 shares if demand permits.

Importantly, there is no set minimum or maximum number of shares for subscription. Existing shareholders as registered by the end of Nasdaq CSD working day on a specified date will have priority to subscribe for new shares based on their current holdings. This ensures that existing investors are given the chance to expand their investments.

Pricing and Subscription Process

The price for each new share is set at €19.00, with a nominal value of €10, and the balance contributing to the premium. Potential investors need to follow a straightforward process to subscribe. For those in Estonia, having a securities account with Nasdaq CSD is necessary. Those in Latvia and Lithuania must engage with a financial member of the Nasdaq Baltic exchange.

Subscription Order Information

When submitting a subscription in Estonia, investors are required to provide several key pieces of information, including the holder's securities account, name, securities account number, and details of the shares they wish to subscribe. These details ensure that processing the orders is seamless and efficient.

Investing in Latvia and Lithuania

In both Latvia and Lithuania, interested investors should reach out to a financial institution that is part of the Nasdaq Baltic stock exchange. They need to submit a purchase order to acquire the offered shares, following the stipulations laid out in the offering prospectus.

Investment Costs and Fees

It's crucial for participants to note that all subscription orders must be submitted in euros, and they are responsible for any associated costs or fees that arise during the process. This helps ensure that investors are fully aware of their obligations and can make informed decisions.

Timeline for the Share Offering

The timeline is crucial for interested investors. The subscription period will kick off on a specific date and will culminate with the announcement of the offering results a short while later. Following the resolution of subscriptions, shares will be transferred to investors’ securities accounts, marking their formal inclusion in the fund.

Expected Activities

This timeline includes essential milestones, such as the anticipated registration of increased share capital within the Commercial Register and the expected listing of shares on the Nasdaq Tallinn market.

Listing and Trading of Shares

After the subscription closes, EfTEN Real Estate Fund AS will apply for listing and trading approval for the new shares on the Nasdaq Tallinn stock exchange. This is a significant step, as it opens new avenues for investors.

Accessing the Offering Prospectus

For prospective investors, the full prospectus detailing this public offering will be accessible at EfTEN Real Estate Fund AS’ location and online through their official website as well as the Financial Supervision Authority's portal. It's highly recommended that potential investors review the entire prospectus before making any financial commitments.

Contact Information:
Viljar Arakas
Member of the Management Board
Tel. 655 9515
Email: viljar.arakas@eften.ee

Frequently Asked Questions

What is the share price for the new shares?

The share price for the new shares is set at €19.00 each.

How many shares can be subscribed to?

There is no minimum or maximum limit for share subscription during the offering.

When does the subscription period start and end?

The subscription period begins on a specified date and ends shortly thereafter.

Where can investors access the offering prospectus?

The prospectus is available at the EfTEN Real Estate Fund AS location and their website.

Which financial institutions can be contacted for assistance?

Investors should reach out to financial institutions that are members of the Nasdaq Baltic stock exchange for assistance in the offering process.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.