INVL Technology, a company that invests in information technology businesses, will seek to acquire another portion of its own shares at a fixed price.
The share buy-back will take place from 11 to 15 May. The maximum number of INVL Technology shares to be acquired is 110,000 units (0.9% of the share capital). Shareholders wishing to sell their shares during the buy-back should contact the intermediary, Artea bank, or their financial advisors.
The shares will be repurchased at a fixed price of EUR 4.8 per share. For comparison, the company’s share price on the exchange was EUR 4.7 before the share buy-back was announced. EUR 528 thousand from the reserve is allocated for the share buy-back.
The repurchased shares will be cancelled, correspondingly reducing the company’s share capital and thereby increasing the value of each remaining share.
Currently, the investment company in information technology businesses has an unused reserve of EUR 9.8 million for acquiring its own shares.
The procedure for the acquisition of the company’s shares was approved by shareholders at the general meeting of shareholders on 30 April 2026. The company was granted the right to acquire up to 10% of its share capital, with an 18-month term set for the acquisition from the date of the resolution of the general meeting of shareholders.
INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltic States, is a closed-ended investment company and its investments must be realised by mid-July 2028 at the latest, with funds distributed to shareholders.
Important information
This is a marketing communication, which is not and shall not be construed as an offer to purchase investment shares of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the articles of association, prospectus and other documents of the respective collective investment undertaking.