{"id":14491,"date":"2016-06-03T00:00:00","date_gmt":"2016-06-02T21:00:00","guid":{"rendered":"https:\/\/www.invaldainvl.com\/group-company-press-releases\/invl-technology-is-proposed-to-make-the-amendments-of-the-articles-of-association\/"},"modified":"2016-06-03T00:00:00","modified_gmt":"2016-06-02T21:00:00","slug":"invl-technology-is-proposed-to-make-the-amendments-of-the-articles-of-association","status":"publish","type":"post","link":"https:\/\/www.invaldainvl.com\/en\/group-company-press-releases\/invl-technology-is-proposed-to-make-the-amendments-of-the-articles-of-association\/","title":{"rendered":"INVL Technology is proposed to make the amendments of the Articles of Association"},"content":{"rendered":"\n<p>  \tShareholders of the investment in information technology businesses company INVL Technology are proposed to make the amendments of the Articles of Association and the Management Agreement with the management company INVL Asset Management, which is one of the leading asset management companies in Lithuania.<\/p>\n<p>  \tINVL Technology is currently seeking for issuance of a closed-end investment company license from the Bank of Lithuania.<\/p>\n<p>  \tIt is also proposed to form the audit committee of INVL Technology and to elect Danute Kadanaite and Tomas Bubinas (independent member of the audit committee) as the members of the audit committee of the company (they are also the present members of INVL Technology&#039;s audit committee) during the General Shareholders Meeting of INVL Technology, which is to be held on 27 June 2016.<\/p>\n<p>  \tThe equity capital of INVL Technology as of 31 March 2016 was EUR 24.23 million, or EUR 1.99 per share.<\/p>\n<p>  \tINVL Technology operates as a cluster of IT businesses focused on sales to large corporate and public sector clients and active in four main areas: business climate improvement and e-governance, IT infrastructure, cyber security, and solutions for IT intensive industries.<\/p>\n<p>  \tAt present, INVL Technology&#039;s largest investments are in Lithuania, Norway and Estonia.<\/p>\n<p>  \tThe company has invested in: Norway Registers Development AS with its subsidiaries NRD UAB, Etronika UAB, Norway Registers Development East Africa Ltd., Norway Registers Development Rwanda Ltd. and Infobank Uganda Ltd.; BAIP UAB with its subsidiary Acena UAB; NRD CS UAB; Algoritmu Sistemos UAB; and Andmevara AS with its subsidiary Andmevara SRL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shareholders of the investment in information technology businesses company INVL Technology are proposed to make the amendments of the Articles of Association and the Management Agreement with the management company..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[14],"tags":[6],"class_list":["post-14491","post","type-post","status-publish","format-standard","hentry","category-group-company-press-releases","tag-imported"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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