The Board of Invalda LT, AB, one of the major Lithuanian investment companies, published its opinion on the mandatory tender offer.
„The Board members belong to the group of the offerors, therefore, they are not in a position to provide any recommendation on this issue. Each shareholder has to take a personal decision whether to remain the Company‘s shareholder or to sell the shares – on the stock exchange or by accepting the tender offer“, – said Darius Sulnis, the President of Invalda LT, AB.
According to him, the primary objective of the company remains unchanged – to increase the investor equity value.
The shareholders of Invalda LT, AB – Alvydas Banys; LJB Investments, UAB; Irena Ona Miseikienė; Darius Sulnis; „Lucrum investicija“, UAB and others, holding together 90,15 percent of shares in Invalda LT, AB, offer EUR 2,355 (LTL 8,13) per share. The tender offer implementation will last from July 2, 2013 till July 15, 2013. The shares during tender offer will be acquired by Alvydas Banys and Irena Ona Miseikiene in equal parts. The total amount of EUR 5,763 million (LTL 19,898 million) may be paid for 9,85 percent of shares in Invalda LT, AB.
The person authorized to provide additional information:
Darius Sulnis
President
Tel. +370 5279 0601
E-mail: [email protected]