INVL Technology - Notification on material event

Resolutions of the Shareholders Meeting of INVL Technology, AB

Vilnius, Lithuania, 2015-04-30 08:19 CEST (GLOBE NEWSWIRE) -- The resolutions
of the General Shareholders Meeting of INVL Technology, AB that was held on 30
April 2015: 

1.    Presentation of the public joint-stock company INVL Technology (code
303299817), which ceased its activities on 9 February 2015, after the merger
into BAIP Group AB (code 300893533), which took over the corporate name of the
public joint-stock company INVL Technology and operates in the market) annual
report for 2014. 
Shareholders of the public joint-stock company INVL Technology (code
303299817), which ceased its activities on 9 February 2015, after the merger
into BAIP Group AB (code 300893533), which took over the corporate name of the
public joint-stock company INVL Technology and operates in the market) are
presented with the annual report of INVL Technology (code 303299817), which
ceased its activities on 9 February 2015, after the merger into BAIP Group AB
(code 300893533), which took over the corporate name of the public joint-stock
company INVL Technology and operates in the market) for 2014 (There is no
voting on this issue of agenda) 

2.    Presentation of the independent auditor‘s report on the financial
statements of the public joint-stock company INVL Technology (code 303299817),
which ceased its activities on 9 February 2015, after the merger into BAIP
Group AB (code 300893533), which took over the corporate name of the public
joint-stock company INVL Technology and operates in the market) for 2014. 
Shareholders of the public joint-stock company INVL Technology (code
303299817), which ceased its activities on 9 February 2015, after the merger
into BAIP Group AB (code 300893533), which took over the corporate name of the
public joint-stock company INVL Technology and operates in the market) are
presented with the independent auditor's report on the financial statements of
INVL Technology (code 303299817), which ceased its activities on 9 February
2015, after the merger into BAIP Group AB (code 300893533), which took over the
corporate name of the public joint-stock company INVL Technology and operates
in the market) for 2014 (There is no voting on this issue of agenda). 

3.    On the approval of the consolidated and stand-alone financial statements
for 2014 of the public joint-stock company INVL Technology (code 303299817),
which ceased its activities on 9 February 2015, after the merger into BAIP
Group AB (code 300893533), which took over the corporate name of the public
joint-stock company INVL Technology and operates in the market). 
To approve the consolidated and companies financial statements for 2014 of the
public joint-stock company INVL Technology (code 303299817), which ceased its
activities on 9 February 2015, after the merger into BAIP Group AB (code
300893533), which took over the corporate name of the public joint-stock
company INVL Technology and operates in the market). 

4.    Regarding the distribution of the public joint-stock company INVL
Technology (code 303299817), which ceased its activities on 9 February 2015,
after the merger into BAIP Group AB (code 300893533), which took over the
corporate name of the public joint-stock company INVL Technology and operates
in the market) profit for 2014. 
To distribute the profit of the public joint-stock company INVL Technology 
(code 303299817), which ceased its activities on 9 February 2015, after the
merger into BAIP Group AB (code 300893533), which took over the corporate name
of the public joint-stock company INVL Technology and operates in the market)
for 2014 as follows: 

(attached)

5.    Presentation of BAIP Group AB, which after the merger into the public
joint-stock company INVL Technology (303299817) in 9 February 2015 operates in
the market under the new name the public joint-stock company INVL Technology,
consolidated annual report for 2014. 
Shareholders of BAIP Group AB, which after the merger into the public
joint-stock company INVL Technology (303299817) in 9 February 2015 operates in
the market under the new name the public joint-stock company INVL Technology,
are presented with the  consolidated annual report for 2014 of BAIP Group AB,
which after the merger into the public joint-stock company INVL Technology
(303299817) in 9 February 2015 operates in the market under the new name the
public joint-stock company INVL Technology. (There is no voting on this issue
of agenda) 

6.    Presentation of the independent auditor‘s report on the financial
statements of BAIP Group AB, which after the merger into the public joint-stock
company INVL Technology (303299817) in 9 February 2015 operates in the market
under the new name the public joint-stock company INVL Technology for 2014. 
Shareholders of BAIP Group AB, which after the merger into the public
joint-stock company INVL Technology (303299817) in 9 February 2015 operates in
the market under the new name the public joint-stock company INVL Technology,
are presented with the  independent auditor's report on the financial
statements  for 2014 of BAIP Group AB, which after the merger into the public
joint-stock company INVL Technology (303299817) in 9 February 2015 operates in
the market under the new name the public joint-stock company INVL Technology.
(There is no voting on this issue of agenda) 

7.    On the approval of the consolidated and stand-alone financial statements
for 2014 of BAIP Group AB, which after the merger into the public joint-stock
company INVL Technology (303299817) in 9 February 2015 operates in the market
under the new name the public joint-stock company INVL Technology. 
To approve the consolidated and stand-alone financial statements for 2014 of
BAIP Group AB, which after the merger into the public joint-stock company INVL
Technology (303299817) in 9 February 2015 operates in the market under the new
name the public joint-stock company INVL Technology. 

8.    Regarding the distribution of BAIP Group AB, which after the merger into
the public joint-stock company INVL Technology (303299817) in 9 February 2015
operates in the market under the new name the public joint-stock company INVL
Technology, profit for 2014. 
To distribute the profit of BAIP Group AB, which after the merger into the
public joint-stock company INVL Technology (303299817) in 9 February 2015
operates in the market under the new name the public joint-stock company INVL
Technology for 2014 as follows: 

(attached)

9. Regarding purchase of own shares of the public joint stock company INVL
Technology (code 300893533). 
To use the reserve for the purchase of own shares formed in the resolution in
this shareholders meeting  and to purchase shares in INVL Technology (code
300893533): 

1.    The goal for the purchase of own shares -  to ensure for shareholders a
possibility to sell company's shares. 
2.    The maximum number of shares to be acquired - the nominal value of own
shares may not exceed 1/10 of share of INVL Technology (code 300893533). 
3.    The period during which the company may purchase its own shares 18 months
from the day of this resolution. 
4. The maximum and minimal one share acquisition price:  the maximum one share
acquisition price should not increase the book value per share (equity capital
divided from the amount of shares) calculated on be basis of the last publicly
announced data of the financial statements of INVL Technology (code 300893533),
the minimal one share acquisition price - EUR 0.637 
5.    The conditions of the selling of the purchased shares and mininal
purchase price: the acquired own shares may be annulled by the decision of the
General Shareholders Meeting or sold by the decision of the Board on condition
the minimum price of sale of own shares shall be equal to the price at which
they were acquired and the procedure of selling the shares shall ensure equal
opportunities for all shareholders to acquire the said shares. 

The Board of INVL Technology (code 300893533), is delegated on the basis of
this resolution and the Law on companies of the Republic of Lithuania to
organize purchase and sale of own shares, to organize purchase and selling
procedure own shares and to determine an order and timing for purchase and sale
of own shares as well as the amount of shares and shares price, and to complete
all other actions related with purchase and sale procedure of own shares. 


         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         Director
         E-mail: k.tonkunas@invltechnology.lt

Liitteet:

INVL Technology_profit distribution_2014.pdf

INVL Technology__code 303299817_annual information_2014.pdf

INVL Technology_code 300893533_annual information_2014.pdf