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Announcement on major shareholders of AB INVL Technology

Investment into IT business company INVL Technology after public offering announces new list of major shareholders.

Alvydas Banys, member of the Board of AB INVL Technology, after public offering holds 5.1 per cent of total voting rights, another 19.9 per cent is held by company controlled by him – LJB investments, UAB. One of the leading asset management groups in  Baltic States Invalda INVL, AB holds 15.7 per cent, Irena Ona Miseikiene – 12 per cent  of INVL Technology shares.

Among new shareholders is biggest insurance company in Lithuania Lietuvos draudimas, AB which holds 7.5 per cent of voting rights.

Chairman of the Board and CEO of INVL Technology Kazimieras Tonkūnas holds 5.6 per cent of company shares.

Management Board of AB INVL Technology together with related persons holds 33.4 percent of shares.

AB INVL Technology after the public offering held on June 2015 issued new shares for EUR 10 million. Current shareholders bought new shares for amount of EUR 4.5 million, institutional investors – for EUR 1.7 million, and other legal entities bought new shares for EUR 3.8 million.