Directed offering of shares of EfTEN Real Estate Fund AS
Globenewswire·2025-11-10 06:00

Core Points - The EfTEN Real Estate Fund AS shareholders authorized the Supervisory Board to increase the fund's share capital through public and/or private offerings, excluding pre-emptive subscription rights of existing shareholders for one year [1] - The fund plans to conduct a directed share issue to raise a total of 1.6 million euros, primarily from Lithuania, with a share price set at 19.11 euros per share based on the 60-day average closing price [2] - A total of 84,506 new shares will be issued at a nominal value of 10 euros per share, resulting in a new share capital of 115,248,460 euros, with proceeds intended to finance further investment activities [3]