Invalda LT, one of the major investment companies in Lithuania, will acquire 0.78 % of own shares for the total amount of EUR 0.678 million (LTL 2.341 million).
The company could purchase up to 248,335 units of shares. During the share buy-back procedure, which finished on 20 December, it was offered to buy 193,701 units of shares.
Every shareholder sold 100 % of offered shares for the price of EUR 3.5 (LTL 12.08) per share. After the settlement, which will take place on 30 December, Invalda LT will have 8.2 % of own shares.
Moreover, Invalda LT received notifications from the managers of the company about trades concluded between them. After these trades the largest shareholders remain the same – Alvydas Banys and his company LJB Investments, Irena Ona Miseikiene and a company Lucrum Investicija owned by Darius Sulnis.
LJB Investments now has 30.18% of Invalda LT votes. Mr. Banys after transactions has 7.61% and Irena Ona Miseikiene 28.66% of Invalda LT votes.
After the trades Lucrum Investicija increased owned votes of Invalda LT up to 20.4%, shares transferred by the repurchase agreement give additionally 1.98% of votes. Darius Sulnis transferred his directly owned shares to the other shareholders and remains the shareholder of Invalda LT through his company Lucrum Investicija.
A group of persons acting in concert, consisting of LJB Investments, Alvydas Banys, Irena Ona Miseikiene, Lucrum Investicija, Darius Sulnis, Indre Miseikyte and Greta Mieeikytė-Myers, have 90.82% of Invalda LT votes.