05.06.2014: Change in substantial holding


On 2 June 2014 Gamma Holding OÜ, the sole shareholder of which is Arvo Nõges who is the member of the Supervisory Board of Arco Vara AS, sold 470 080 shares of Arco Vara AS. As a result of the transaction Gamma Holding OÜ is no longer Arco Vara AS’s shareholder.

On 2 June 2014 Gamma Holding Investment OÜ, which is the subsidiary of Gamma Holding OÜ, acquired 470 080 shares of Arco Vara AS. As a result of the transaction the amount of voting shares of Arco Vara AS that Gamma Holding Investment OÜ now owns exceeds 5% marginal rate.

The Issuer is required to notify the stock exchange of changes in substantial ownership as per § 186 of the Securities Market Act.

 

         Evelin Kanter
         Lawyer
         Arco Vara AS
         Tel: +372 614 4594
         evelin.kanter@arcovara.ee
         http://www.arcorealestate.com