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Invalda INVL Board proposes PricewaterhouseCoopers as auditor

It is proposed that the international audit company PricewaterhouseCoopers be selected as the auditor for Invalda INVL, one of the leading asset management groups in the Baltic countries, for the period 2015-2017, fixing an annual payment for the services of EUR 11,000 (without VAT).

Voting on this proposal by the board of Invalda INVL will take place at a meeting of shareholders on 28 October 2015.

Shareholders will also vote on a proposal to change the address of the headquarters of Invalda INVL to Gyneju str. 14 in Vilnius.

Asset management companies controlled by Invalda INVL in Lithuania and Latvia had EUR 305 million of assets under management at the end of the first half of this year, which is 10.8 per cent more than at the end of 2014 (EUR 275.3 million).