Orava Asuntorahasto Oyj - Company Announcement

THE SHARES SUBSCRIBED IN ORAVA RESIDENTIAL REIT’S DIRECTED SHARE ISSUE AND INCREASE OF CAPITAL HAVE BEEN REGISTERED IN THE TRADE REGISTER

Orava Residential REIT plc

STOCK EXCHANGE RELEASE 23 JUNE 2015 AT 7:00 PM



THE SHARES SUBSCRIBED IN ORAVA RESIDENTIAL REIT'S DIRECTED SHARE ISSUE AND
INCREASE OF CAPITAL HAVE BEEN REGISTERED IN THE TRADE REGISTER 



Orava Residential REIT plc has registered for entry in the Trade Register
500,000 shares that the company allocated to itselft without charge in a
directed share issue on 17 June 2015. The company may use the shares for
strengthening its capital structure, developing its business operations and
widening its ownership base by both acquiring investment properties and issuing
convertible bonds. Following the issue, the total number of Orava Residential
REIT shares registered in the Trade Register is 7,454,238. 

Of the total amount of shares 350,000 shares have the ISIN code FI4000068614
(trading code OREIT), and 150,000 shares have the ISIN code FI4000148036
(trading code OREITN0115). Shares with the trading code OREITN0115 do not
entitle holders to dividends paid during the year 2015, but do entitle holders
to dividends paid during the year 2016 and any dividends thereafter. 

The 50,450 shares directed by the Company to Rakennusliike Leimarakentajat Plc
in May 2015 and the 377,502 shares assigned by the Company in accordance with
the convertible loan agreements made between 1 March 2015 and 31 May 2015 have
been entered into the items of the Company's shareholders' equity. The increase
of the share capital is EUR 4.3 million, in addition to which EUR 0.8 million
was entered into the reserve for unrestricted invested equity. 

After the increases, the Company's share capital will amount to EUR
67,057,020.00. 





Pekka Peiponen

CEO



Information

Pekka Peiponen, CEO, telephone +358 (0)10 420 3104

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



http://www.oravaasuntorahasto.fi/