Orava Asuntorahasto Oyj - Company Announcement

ORAVA RESIDENTIAL REIT ACQUIRES APARTMENTS BY A DIRECTED SHARE ISSUE

Orava Residential REIT plc

STOCK EXCHANGE RELEASE 29 JUNE 2015 AT 8:40 P.M.



ORAVA RESIDENTIAL REIT ACQUIRES APARTMENTS BY A DIRECTED SHARE ISSUE



Orava Residential REIT has today signed a deal to acquire a total of 46
apartments in Asunto Oy Vantaan Kaakkoisväylä 4 for a purchase price of EUR
4.15 million. Orava Residential REIT financed the transaction by a directed
share issue allocated to Maakunnan Asunnot Oy, in which Maakunnan Asunnot Oy
subscribed for 369.218 new shares, of which 192.889 shares do not entitle to
dividends to be paid in 2015. The subscription price of the new shares is the
weighted average price over the five trading days at NASDAQ Helsinki preceding
the signing date of the deal. 





Veli Matti Salmenkylä

CFO



Information

Veli Matti Salmenkylä, CFO, telephone +358 (0)10 420 3102



http://www.oravaasuntorahasto.fi/