28 February 2020
Arcona Property Fund N.V. - a listed fund that invests in commercial real estate in Central Europe - intends to appoint another major financial institution as listing agent and liquidity provider in the short term. This change is required due to the decision by NIBC Markets to cease its capital markets activities with effect from 1 March 2020.
Negotiations on the new appointment have been completed and the Fund expects to sign the contracts imminently. It is however possible that from 2 March 2020 there is temporarily no liquidity provision. This means that the regular stock market trading in the shares can take place as usual, but that there is temporarily no party that guarantees that there will be trades taking place each day.
Arcona Property Fund N.V. appoints new listing agent 28 February 2020 |
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