T
he Supervisory Board of EfTEN Real Estate Fund AS has approved a plan to increase the company's share capital by issuing up to 1 million new ordinary shares. This decision was made on November 11, 2024. The subscription period ran from November 21 to December 6, 2024, and attracted 845 investors, including 388 existing shareholders who subscribed for 620,544 shares.
The remaining unsubscribed shares, totaling 379,456, were cancelled. Today, the Supervisory Board decided how to distribute the subscribed shares among the investors. First, 417,542 shares were allocated to existing shareholders in accordance with their pre-emptive right of subscription. The remaining 203,002 shares were distributed based on the subscriptions that exceeded this preferential allocation.
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EfTEN RE Fund Distributes New Shares to Investors
The EfTEN Real Estate Fund's Supervisory Board Adopted a Resolution on November 11, 2024.
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