Orava Asuntorahasto Oyj - Company Announcement

DIRECTED ISSUE BY ORAVA RESIDENTIAL REIT TO PAY FOR THE COMPLETION OF 52 APARTMENTS

Orava Residential REIT plc

STOCK EXCHANGE RELEASE 19 JULY 2016 AT 4:30 p.m.



DIRECTED ISSUE BY ORAVA RESIDENTIAL REIT TO PAY FOR THE COMPLETION OF 52
APARTMENTS 



Orava Residential REIT plc agreed with Rakennusliike Leimarakentajat Oy on 29
May 2015 on the building of 52 apartments in Hämeenlinna. The apartments are
now completed and the final payment EUR 1.17 million was concluded through a
directed share issue today. 



Rakennusliike Leimarakentajat Oy subscribed to a total of 157,681 new shares
(OREITN0116) in the company. The subscription price of the shares is the
weighted average price of the shares during the five days of stock exchange
trading preceding the subscription. 



Orava Residential REIT plc



Pekka Peiponen

CEO



Additional information

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

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



http://www.oravaresidentialreit.com/