Orava Asuntorahasto Oyj - Prospectus/Announcement of Prospectus

THE FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS APPROVED THE PROSPECTUS OF ORAVA RESIDENTIAL REIT PLC

Orava Residential REIT plc

STOCK EXCHANGE RELEASE 30 June 2015 at 9:15 p.m.



THE FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS APPROVED THE PROSPECTUS OF
ORAVA RESIDENTIAL REIT PLC 



The Financial Supervisory Authority has today approved the company's
prospectus, which is related to the listing of a total of 937,664 shares. The
shares are related to the directed issue allocated to Maakunnan Asunnot Oy
(369,218 shares), communicated by the company on 29 June 2015, the directed
issue allocated to Suomen Vuokrakodit Oy (68,446 shares), communicated on 30
June 2015, and the without charge directed issue allocated to the company
itself (500,000 shares), communicated on 23 June 2015.  In the directed issues
subject to a payment, the subscription price of new shares was the average
stock exchange price on the Helsinki Stock Exchange weighted by the share
turnover during the five trading days preceding 29 June 2015. The subscription
price of the shares with the trading code OREIT (ISIN code FI4000068614) was
EUR 11.65 per share, and the subscription price of the shares with the trading
code OREITN0115 (ISIN code FI4000148036) was EUR 10.65 per share. 

The company will file an application for the listing of its shares with the
Helsinki Stock Exchange on 1 July 2015, applying for the admission to trading
of the shares subscribed in the directed issue allocated to Maakunnan Asunnot
Oy and the charge-free shares allocated to the company itself, in total 869,218
shares, on the stock exchange list of the Helsinki Stock Exchange. Trading in
the shares in question is estimated to start on 3 July 2015.  526,329 shares
will be listed with the ISIN code FI4000068614 and with the trading code OREIT
and 342,889 shares will be listed with the ISIN code FI4000148036 and with the
trading code OREITN0115. 

The total of 68,446 shares allocated to Suomen Vuokrakodit Oy will be entered
in the Trade Register and an application will be filed to admit them to trading
on the Helsinki Stock Exchange immediately when the transaction has been
implemented, on estimate on 31 July 2015 at the latest. 

The number of the company's shares recorded in the Trade Register is currently
a total of 7,454,238 shares, and the company's registered share capital is EUR
67,057,020. 

The prospectus will be available on the company's website (only in Finnish) at
www.oravaasuntorahasto.fi/talousinformaatio no later than on 1 July 2015. 

Orava Residential REIT plc



Veli Matti Salmenkylä

CFO



Additional information

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

http://www.oravaasuntorahasto.fi/