2014-04-28 15:49:25 CEST

2014-04-28 15:50:38 CEST


REGULATED INFORMATION

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Invalda AB - Notification on material event

Resolutions of the Shareholders Meeting of Invalda LT 


Vilnius, Lithuania, 2014-04-28 15:49 CEST (GLOBE NEWSWIRE) -- The resolutions
of the General Shareholders Meeting of Invalda LT, AB that was held on 28 April
2014: 

1. Regarding the split-off of Invalda LT, AB.
Invalda LT, AB participates in the split-off that is conducted under Article 71
of the Law on Companies of the Republic of Lithuania. 
According to the split-off terms of Invalda LT, to split off part of the public
joint - stock company Invalda LT, which continues its activity, and on the
basis of the assets, equity and liabilities assigned to this part to form the
following new legal entities: public joint - stock company INVL Technology,
public joint - stock company INVL Baltic Real Estate, public joint - stock
company INVL Baltic Farmland. 
The annulled Shareholders' shares in the public joint - stock company Invalda
LT are at no charge exchanged for the ordinary registered shares in the
following newly established companies: public joint - stock company INVL
Technology, public joint - stock company INVL Baltic Real Estate and a public
joint - stock company INVL Baltic Farmland. The authorized capital of the
public joint - stock company Invalda LT is reduced accordingly. 

2. Regarding approval of the split-off terms of Invalda LT, AB.
To approve the split-off terms (enclosed) of Invalda LT, AB.

3. Regarding the approval of Articles of Association of the public joint-stock
company Invalda LT, the company participating in the split-off. 
To approve Articles of Association of Invalda LT, the company participating in
the split-off (enclosed), and to authorise Darius Sulnis to undersign the
approved Articles of Association. 

4. Regarding the approval of Articles of Association of the split-off public
joint-stock company INVL Technology. 
To approve Articles of Association of the split-off company INVL Technology
(enclosed) and to authorise Darius Sulnis to undersign the approved Articles of
Association. 

5. Regarding the approval of Articles of Association of the split-off public
joint-stock company INVL Baltic Farmland. 
To approve Articles of Association of the split-off company INVL Baltic
Farmland (enclosed) and to authorise Darius Sulnis to undersign the approved
Articles of Association. 

6. Regarding the approval of Articles of Association of the split-off public
joint-stock company INVL Baltic Real Estate. 
To approve Articles of Association of the split-off company INVL Baltic Real
Estate (enclosed) and to authorise Darius Sulnis to undersign the approved
Articles of Association. 

7. Regarding the registered offices of the split-off public joint-stock
companies. 
To register offices of the split-off companies INVL Technology, INVL Baltic
Real Estate and INVL Farmland at  Kalvariju str. 11A-20, Vilnius. 

8. Auditor's report.
There is no voting on this issue of agenda. It is proposed to get acquainted
with Company's auditor's report and the report of the Audit Committee
(enclosed). 

9. Consolidated annual report for 2013.
There is no voting on this issue of agenda. It is proposed to get acquainted
with Company's consolidated annual report for 2013 (enclosed). 

10. Approval of Company's and consolidated financial statements for 2013.
To approve Company's and consolidated financial statements for 2013 (enclosed).

11. Distribution of Company's profit (loss) of 2013.
To approve distribution of Company's profit (loss) of 2013:
1) Retained earnings (loss) at the end of the last financial year: 27,045
thousand litas (EUR 7,833 thousand); 
2) Net profit (loss) for the financial year: LTL 80,990 thousand (EUR 23,456
thousand); 
3) Profit (loss) not recognized in the income statement of the reporting
financial year - retained earnings transferred during the split-off: LTL
-80,897 thousand (EUR -23,429 thousand); 
4) Transfers from reserves: LTL 0 (EUR 0);
5) Shareholders contributions to cover loss: LTL 0 (EUR 0);
6) Distributable profit (loss) in total: LTL 27,138 thousand (EUR 7,860
thousand); 
7) Profit transfers to the legal reserves: LTL 0 (EUR 0);
8) Profit transfers to the reserves for own shares acquisition: 0 LTL 0 (EUR 0);
9) Profit transfers to other reserves: LTL 0 (EUR 0);
10) Profit to be paid as dividends: LTL 0 (EUR 0);
11) Profit to be paid as annual payments (bonus) to Management Board members,
employees and for other purposes: LTL 0 (EUR 0); 
12) Retained earnings (loss) at the end of the financial year carried forward
to the next financial year: LTL 27,138 thousand (EUR 7,860 thousand). 


         The person authorized to provide additional information:
         Darius Sulnis
         President
         Phone +370 5 279 0601
         Email: darius@invaldalt.com