Invalda INVL, AB announces that on 13 December 2018 the last period of the public offering of shares of SUTNTIB INVL Baltic Real Estate (which hereinafter may be referred to as the Company) ended. The offering was implemented under the Company’s prospectus of the public offering approved by the Bank of Lithuania and published by the Company on 23 April 2018 (Bank of Lithuania decision No. 241-70; as later amended with first and second supplements, hereinafter together – the Prospectus).
As specified in the Prospectus, the Company’s public offering of shares took place in three stages (from 2 May to 13 December 2018) during which Invalda INVL sold a total of 22,465 shares of the Company for the total price of EUR 57,183.13 (not including intermediation fees). That represents 0.17 per cent of the Company’s shares and the voting rights they grant in the general meeting of shareholders.
During the public offering period, Invalda INVL, which as of the date of approval of the Prospectus (23 April 2018) was its largest shareholder, offered investors up to 2,893,000 ordinary registered shares of the Company, representing up to 22 per cent of the Company's share capital. As of 13 December 2018, upon the end of the last (the third) stage of the public offering period, Invalda INVL remains the largest shareholder of the Company.
The offering broker was INVL Finasta, UAB FMĮ. The legal advisor for matters related to the public offering was the law firm TGS Baltic.
The Prospectus was approved and published seeking to sell a part of Invalda INVL, AB’s stake in INVL Baltic Real Estate and thus broaden its circle of investors and augment the shares’ market liquidity.
Person authorised to provide additional information:
Darius Šulnis
President of Invalda INVL
E-mail [email protected]