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There was a mistake in the the announcement published earlier today, 12 March 2013. OÜ Toletum has decreased its shareholding not increased.  
The corrected release follows:

As required by § 185 (1) and (2) of the Securities Market Act:

1)   on 8 March 2013, Baltplast OÜ (registry code 10395956) have informed Arco Vara that they have increased their shareholding in Arco Vara AS to 27.96%. After the transactions carried out on 7 March 2013, Baltplast OÜ controls 1,326,000 shares of Arco Vara AS;

2)   on 8 March 2013, OÜ Toletum (registry code 11011219) have informed Arco Vara that they have decreased their shareholding in Arco Vara AS to 12.95%. After the transactions carried out on 7 March 2013, OÜ Toletum controls 614,278 shares of Arco Vara AS;
 
3)   on 11 March 2013, OÜ HM Investeeringud (registry code 10963165) have informed Arco Vara that they have decreased their shareholding in Arco Vara AS to 13.19%. After the transactions carried out on 7 March 2013, OÜ HM Investeeringud controls 625,264 shares of Arco Vara AS.

The Issuer is required to notify the stock exchange of changes in substantial ownership as per § 186 of the Securities Market Act.
 
Egert Paulberg
Financial Controller
Arco Vara AS
Phone: +372 614 4503
This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.arcorealestate.com