News

Convocation of the extraordinary general shareholders meeting of Invalda INVL and draft resolutions

General meeting of shareholders
On the initiative and decision of the Board of the public joint stock company Invalda INVL the extraordinary General Shareholders Meeting of the public joint stock company Invalda INVL (identification code 121304349, the registered address Gynėjų str. 14 Vilnius, Lithuania) is to be held on 14 October 2019 at 9:00 a.m. in the premises located in Gynėjų str. 14, Vilnius). 

Interim information of Invalda INVL for 6 months of 2019

Half-Yearly information
Invalda INVL had equity of EUR 73 million, or EUR 6.28 per share, at the end of June 2019, which is 11.4% and 10.8% more, respectively, than at the start of the year. In the first half of the year, Invalda INVL earned a profit of EUR 7.2 million. Its profit in the same period of 2018 was EUR 124 thousand. The group’s companies had client assets under management of EUR 925.5 million at mid-year, an increase of 37% since the start of 2019.

INVL Baltic Sea Growth Fund acquires majority stake in Montuotojas

Other information:
INVL Baltic Sea Growth Fund, the largest private equity investment fund in the Baltic States, today announces the acquisition (86% majority stake) of Lithuanian metal processing and industrial construction company, Montuotojas AB. This deal is completed through INVL Baltic Sea Growth Fund subsidiaries BSGF Fortis and Montuja respectively for an undisclosed amount.

Information about votes granted in Invalda INVL since 12 June 2019

Total number of voting rights and capital
Considering that on 12 June 2019 Invalda INVL AB settled for treasury shares and purchased 2,552 units of shares (0.02 % of share capital) for the amount of EUR 14.5 thousand (without brokerage fee), during the share buy-back procedure, which took place from 28 May till 10 June 2019, since this day the number of votes in the quorum of the General Meeting of Shareholders of Invalda INVL AB has changed.

Invalda INVL, AB will buy-back 0.02 % shares

Acquisition or disposal of the issuer's own shares
Invalda INVL, AB finished the share buy-back. The company will purchase 0.02 % of own shares for the total amount of EUR 14.5 thousand (without brokerage fees). Invalda INVL, AB could purchase up to 200,000 shares. During the share buy-back 2,552 units of shares were tendered.

INVL Baltic Sea Growth Fund invests up to €30 million into cardboard manufacturing business managed by Grigeo AB

Other information
INVL Baltic Sea Growth Fund, the largest private equity investment fund in Baltic States, is investing up to €30 million into Grigeo cardboard business, a leading paper and wood industry company for the Baltic region. Under this agreement, up to 49.99% of Grigeo Investicijų Valdymas shares, a company owned by Grigeo, will be acquired by BSGF Salvus, a subsidiary of the fund, in two phases. The transaction is to be completed upon the fulfillment of contractual terms and conditions, subject to the permission issued by the Competition Council.

Unaudited information of Invalda INVL group for 3 months of 2019

Notification on material event
Invalda INVL had equity of EUR 69.2 million at the end of the first quarter of 2019, or EUR 5.98 per share. The figures are 5.6% and 5.5% larger, respectively, than at the start of the 2019. In the first quarter, Invalda INVL had a net profit of EUR 3.7 million, which is 4.5 times more than in the same period of 2018. 

Information about shares issued by Invalda INVL and votes granted

Total number of voting rights and capital
On 23 May 2019 the Register of Legal Entities has registered an increased authorised capital of Invalda INVL (hereinafter – the Company). Since that date the total number of voting rights and share capital of the Company has changed.

The new wording of the Articles of Association of Invalda INVL have been registered

Notification on material event
On 23 May 2019 the Register of Legal Entities has registered a new wording of the Articles of Association of the public joint stock company Invalda INVL. Shareholders of the Company approved the draft Articles of Association on 30 April 2018, during the Ordinary General Shareholders meeting. The Articles of Association were amended by increasing the authorised capital in order to realise the stock options granted to the employees of Invalda INVL Group in 2016.