Employees of INVL Technology’s portfolio companies exercise options and become shareholders
Employees of INVL Technology’s portfolio companies have exercised their share options and become shareholders in the company. The transaction involved the transfer of the company’s own shares, acquired previously.
The employees were allocated 22,908 shares in INVL Technology. This holding represents 0.2% of the company’s share capital.
The right to the shares was granted in accordance with the share option terms approved at the General Meeting of Shareholders on 6 June 2023. Under these terms, up to 27,500 company shares may be allocated to employees of the portfolio companies by 30 June 2026.
Under the current option programme, the opportunity to become shareholders is available to employees of the portfolio companies.
INVL Technology manages the cybersecurity firm NRD Cyber Security, the GovTech business group NRD Companies, and the Baltic IT services company Novian.
In total, since the launch of the programme, employees have concluded option agreements for more than 66,500 company shares.
Managed by INVL Asset Management, the leading alternative asset manager in the Baltics, INVL Technology operates as a closed-end investment company. All of the company’s investments are to be realised by mid-July 2028 at the latest, with proceeds distributed to shareholders.
Important information
This is a marketing communication, which is not and shall not be construed as an offer to purchase investment shares of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the articles of association, prospectus and other documents of the respective collective investment undertaking.
