Invalda INVL, which is the leading asset management group in the Baltics, had equity of EUR 178 million at the end of 2023, or EUR 14.83 per share. The figures were 36.1% and 34% larger, respectively, than a year earlier.
MoreInvalda INVL, the leading asset management group in the Baltics, has decided to sell part of its stake in Šiaulių Bankas (1.95 million shares or 0.29% of the share capital) in order to stay within the 20% threshold as set by the European Central Bank’s decision.
MoreFollowing the completion of a retail businesses merger, Invalda INVL, the leading Baltic asset management group, has acquired 9.39% of the shares of Šiaulių Bankas and increased its equity stake to 18.45%, thus becoming the bank’s largest shareholder.
MoreInvalda INVL’s equity at the end of September this year was EUR 135.6 million, or EUR 11.29 per share. The figures were 3.7% and 2 % larger, respectively, than at the end of 2022.
MoreŠiaulių Bankas and Invalda INVL have successfully completed the merger of their retail businesses. Effective 1 December 2023, Šiaulių Bankas Group will take over the management of II pillar and III pillar pension funds and retail investment funds, expanding the range of investment options available to clients. Additionally, the Group will introduce a revamped suite of life insurance products. Invalda INVL will become the largest shareholder of Šiaulių Bankas when the transaction is finalised.
MoreThe European Central Bank (ECB) has permitted Invalda INVL, the leading Baltic investment management and life insurance group, to acquire from 10% to 20% of the shares of Šiaulių Bankas.
MoreThe shareholders of Invalda INVL authorised signing stock option agreements with employees of INVL group companies who are moving to the Šiaulių Bankas group as well as the procedure and price for the acquisition of the company’s shares in 2027.
MoreThe shareholders of Invalda INVL will decide on signing stock option agreements with employees of INVL group companies who are moving to the Šiaulių Bankas group as well as on the procedure and price for their acquisition of the company’s shares in 2027. A meeting of Invalda INVL shareholders on 22 November will vote on this matter.
MoreThe equity of Invalda INVL, a leading investment management and life insurance group in the Baltics, amounted to EUR 129.8 million or EUR 10.98 per share at the end of June this year, down by 0.76% and 0.81% respectively from the end of 2022.
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