Invalda INVL’s share capital increases as employees become shareholders
Another group of employees has joined Invalda INVL’s shareholders by acquiring newly issued company shares after exercising previously granted share options. This move has led to an increase in Invalda INVL’s share capital.
Following the issue of 383,853 new ordinary registered shares, Invalda INVL’s share capital has increased to EUR 3.68 million. The newly issued shares were acquired by current and former employees of the Invalda INVL group through the exercise of share options granted to them in 2023.
“The consistent participation of our employees in the share option programme reflects our collective belief in Invalda INVL’s strategy and its long-term value creation potential,” says Alvydas Banys, Chairman of the Board of Invalda INVL.
Under the long-standing share option programme, which Invalda INVL launched in 2016, employees of the group’s companies are given the opportunity to become shareholders. Since the programme’s inception, employees have entered into option agreements for more than 850,000 of the company’s shares.
The new version of the company’s Articles of Association, reflecting the increase in share capital, was registered with the Register of Legal Entities on 19 June. This decision was approved by Invalda INVL’s shareholders at the Annual General Meeting held on 30 April of this year.
In May, Invalda INVL signed new share option agreements with employees of the group’s companies for the grant of almost 68,000 company shares in 2029.
About Invalda INVL
Invalda INVL is the leading Baltic asset management group with a track record spanning over 30 years. The group’s companies manage or have under supervision EUR 2.1 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. The group’s scope of activities also includes family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.
The shares of Invalda INVL have been traded on the Nasdaq Vilnius stock exchange since 1995. Further information: https://www.invaldainvl.com/en
