Art Share 003: ART SHARE 003
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Art Share 003: ART SHARE 003

Finanznachrichten News

ART SHARE 003 – Offer Update

Luxembourg, 22 November 2024

  • In addition to the announcement made on November 1, 2024, Art Share 003 SA (the “Business“) are pleased to have received positive investor engagement for the offering launched on September 18, 2024 (the “Offer“).
  • However, due to challenging market conditions and increased market volatility, the necessary criteria to complete the Offer were not met. Accordingly, no application shall be made to admit the Company to the trading venue operated by ARTEX Global Markets AG.
  • For further information, investors are asked to contact the sole bookrunner:

Zeus Capital Limited
Ben Robertson
125 Old Broad Street, 12Th Floor, London, EC2N 1AR
www.zeuscapital.co.uk

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About Art Share 003 SA

Art Share 003 is a public limited company (société anonyme) incorporated under the laws of the Grand Duchy of Luxembourg existing as a securitization company (organism they securitization) within the meaning of the Luxembourg law of March 22, 2004 on securitization, as amended. It has been created for the purpose of issuing shares, tracking the financial risk associated with the artwork and all other associated risks in accordance with Article 53 of the Luxembourg law of 22 March 2004 on securitization, as amended (the “The Securitization Act“), through the issue of and financed, among other things, through the issue of B shares.

Art Share 003 was established to facilitate sub-investments in the artwork through the subscription of B shares (i.e. carry out a securitization transaction of the artwork).

Art Share 003 is managed by a board consisting of Ursula Schmidt, Edouard de Burlet and Ronan Le Bouc.

Press contacts

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Aliénor Miens | [email protected]| +33| +33 (0)6 11 84 34 92