Orava Asuntorahasto Oyj - Other information disclosed according to the rules of the Exchange

Decision of the Board of Directors of Orava Residential REIT plc regarding processing of the Investors House Oyj's public exchange offer

Orava Residential REIT plc

Stock Exchange Release 8 September 2017 at 4:00 p.m.

 

Decision of the Board of Directors of Orava Residential REIT plc regarding processing of the Investors House Oyj's public exchange offer

 

NOT FOR PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, HONG KONG, SOUTH AFRICA, SINGAPORE, NEW ZEALAND OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL.

 

According to its announcement on 24 August 2017, the Board of Directors of Orava Residential REIT assesses the exchange offer made by Investors House Oyj and surveys different alternatives in order to achieve the best possible outcome for its shareholders. Deputy Chairman of the Board Patrik Hertsberg and Board members Petra Thorén and Mikko Larvala are participating in the assessment of Investors House Oyj’s exchange offer and other possible alternatives, as well as in preparing the statement and making the decision of the Board of Directors.

Deputy Chairman of the Board Patrik Hertsberg: “The independent members of the Board of Directors of Orava Residential REIT are participating in the assessment of Investors House Oyj’s exchange offer and possible alternatives under my leadership. We are assessing all noteworthy alternatives equally in compliance with the Helsinki Takeover Code, and our objective is to find the best alternative for all shareholders.”

 

Helsinki, 8 September 2017

 

Orava Residential REIT plc

Board of Directors

 

 

Additional information:

Patrik Hertsberg, Deputy Chairman of the Board, tel. +358 (0)50 555 0185

 

Disclaimer

The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration of such shares, exemption from registration requirement or any other qualification under the securities laws of such jurisdictions. This release is not a tender offer document and as such does not constitute an offer or invitation to make a sales offer.

The content of this release must not be published or distributed, directly or indirectly, in whole or in part, in Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or the United States. This release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States, and the securities must not be offered or sold, directly or indirectly, in or into the United States, except in accordance with the registration requirements of the Securities Act of 1933 (as amended) or an exemption therefrom. The distribution of this release and offering or selling of shares possibly offered may be restricted in certain jurisdictions. The company is not liable for obtaining appropriate information on such restrictions or for compliance with them. The company disclaims all legal responsibility for violation of such restrictions.