INVL Baltic Real Estate - Notification on material event

Reorganization of INVL Baltic Real Estate, AB and Invaldos Nekilnojamojo Turto Fondas, AB has been completed, the Articles of Association of INVL Baltic Real Estate has been registered

Vilnius, Lithuania, 2015-08-17 16:39 CEST (GLOBE NEWSWIRE) -- Reorganization of
the public joint stock company INVL Baltic Real Estate and the public joint
stock company  Invaldos Nekilnojamojo Turto Fondas was completed on 17 August
2015. The public joint stock company  INVL Baltic Real Estate was merged into
the public joint stock company Invaldos Nekilnojamojo Turto Fondas. 

The public joint stock company Invaldos Nekilnojamojo Turto Fondas took over
all the rights and duties including the name of INVL Baltic Real Estate, which
ceased its activity, and will continue operations under the new name the public
joint-stock company INVL Baltic Real Estate. 

The shares of the company operating after the reorganization will be quoted on
the NASDAQ Vilnius Stock Exchange after completion of the actions foreseen in
the legal acts. 

The initial capitalization of the company operating after the merger reaches
EUR 13.3 million. Recalculated price per share should reach EUR 0.308. 

The company operating in the market - the public joint-stock company INVL
Baltic Real Estate announces that after the completion of reorganization, the
Authorized capital and a new wording of the Articles of Association of the
company has been registered on 17 August 2015. 

The company operating in the market - the public joint-stock company INVL
Baltic Real Estate security information: shares issued (units) -43,226,252;
total voting rights granted by the issued shares (units) - 43,226,252; nominal
par value (EUR) - 0.29; authorized capital (EUR) - 12,535,613.08; ISIN code:
LT0000127151. 

Alvydas Banys, Indrė Mišeikytė and Andrius Daukšas were elected to the Board of
the public joint stock company INVL Baltic Real Estate. A. Daukšas was
appointed as a director of the company. 


         The person authorized to provide additional information:
         Andrius Daukšas
         Director
         E-mail:andrius@InvaldaLT.com

Attachments:

INVL Baltic Real Estate_Articles of Association.pdf