ELREEuropean Listed Real Estate
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Immediately at the Closing, ELRE will deliver, a board resolution confirming the order for the issuance of the 1.
ELRE will also deliver the share certificates representing the 1.
On or before February 28, 2015, EFI is required to deliver to ELRE, duly authorised, properly and fully executed documents in English, evidencing and confirming the sale and transfer of 100% of the shares of EFI and its assets specifically detailing the assets axnd including an asset valuation by an independent appraiser.