EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash distribution of 5,726 euro cents per unit, totalling 142 226 euros. The distribution constitutes 0,54% of the fund’s current NAV and 0,71% of the fund’s latest closing price.
This is the second distribution of the EfTEN United Property Fund in 2024. Since the listing of EfTEN United Property Fund units on the Nasdaq Tallinn stock market in May 2022, the fund has made distributions in the amount of 66,4 euro cents per unit.
The distribution is based on income from the EfTEN Real Estate Fund 5.
The list of unitholders eligible for distribution will be fixed as of the end of the business day of the settlement system of the securities registry (record date) on November 1, 2024. Based on the above, the day of changing the rights related to the units of the fund (ex-date) is October 31, 2024. Starting from that date, the person acquiring the units of the fund does not participate in this distribution.
The distribution to unitholders will be made on November 14, 2024 via cash transfer to unitholder’s bank account and is subject to taxation according to the law.
