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PricewaterhouseCoopers was elected as auditor for Invalda INVL

The international audit company PricewaterhouseCoopers was 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).

The decision was made during the shareholders meeting held today, on 28 October 2015.

Shareholders also voted regarding the change of the registered office of Invalda INVL. During the meeting shareholders gave approval to register the headquarters of the company 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).