Arcona Property Fund N.V. provides an update on plans to list in Prague
7 December 2017
On 5 September 2017 Arcona Property Fund N.V. announced plans to apply for a secondary listing on the Prague Stock Exchange (PSE). PSE has now formally confirmed its support for a listing in the segment “collective investment funds”, subject to regulatory approval from the Czech National Bank (CNB). A decision by the CNB is expected in January 2018.
Arcona Property Fund is currently listed exclusively on Euronext Amsterdam. By an additional listing on an exchange situated in the region where the Fund´s assets are located the Fund´s management aims to improve the liquidity of the shares and the financing options for the portfolio.
The Prague Stock Exchange, (PSE), is one of the largest exchanges in Central Europe, with a history dating back to 1861. It has operated in its current form since 1992.
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Arcona Property Fund N.V. provides an update on plans to list in Prague 7 December 2017 |
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