INVL Technology - Notification on material event

INVL Technology shareholders agreement amendment was signed

Vilnius, Lithuania, 2015-06-09 08:36 CEST (GLOBE NEWSWIRE) -- INVL Technology,
AB (the Company) announces that on the 27 May 2015 the Company and its
Shareholders LJB Investments UAB, Lucrum Investicija UAB, the public joint
stock company Invalda INVL, Irena Ona Mišeikienė, Darius Šulnis, Alvydas Banys,
Indrė Mišeikytė, Kazimieras Tonkūnas, Rokas Ralys, Marius Leščinskas, Artūras
Milašauskas, Gytis Umantas, Tomas Šeikus, Vida Juozapavičienėhave signed an
agreement regarding amendment of the Shareholders Agreement, dated 26 November
2014. 

Agreement foresees that based on the decisions of the General Meeting, dated 10
April 2015, if the condition of raising not less than EUR 10 million in the
public offering is fulfilled, the public joint stock company Invalda INVL the
next day after the registration of the increased authorised capital of the
Company in the Register of Legal Persons will acquire for the final Offer Price
in total 551 523 Shares in the Company from Kazimieras Tonkūnas, Rokas Ralys,
Marius Leščinskas, Artūras Milašauskas, Gytis Umantas, Tomas Šeikus and Vida
Juozapavičienė. 

After the execusion of the above mentioned transactions these shareholders who
sold their shares of the Company to the public joint stock company Invalda INVL
agreed not to sell any of owned Company‘s Shares, for a 12 months period as
from registration of the increased authorised capital of the Company with the
Register of Legal Persons. 


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