Brief: Eastnine Sells Fund Holding

Eastnine AB (publ)

22/10/2019 16:03

Eastnine AB (publ)  EAST9.ST :
    * EASTNINE SELLS FUND HOLDING
    * SELLS ITS ENTIRE HOLDING IN EAST CAPITAL BALTIC PROPERTY
FUND
III
    * PURCHASE PRICE AMOUNTS TO APPROXIMATELY EUR 25.1 MILLION,
WHICH
CORRESPONDS TO FAIR VALUE AT END OF SEPTEMBER 2019
    * BUYERS ARE TEN OF SWEDBANK'S PENSION FUNDS IN LITHUANIA
AND
ESTONIA
    * RETURN ON EASTNINE'S INVESTMENT IN FUND AMOUNTS TO
APPROXIMATELY
11 PERCENT PER YEAR DURING HOLDING PERIOD

Source text for Eikon:  ID:nWkr2C5HCJ 
Further company coverage:  EAST9.ST