INVL Baltic Farmland - Notification on material event

Procedure for the payout of dividends for the year 2015

Vilnius, Lithuania, 2016-04-18 08:05 CEST (GLOBE NEWSWIRE) -- On 25 March 2016,
the General Shareholders Meeting of INVL Baltic Farmland, AB (identification
code 303299781, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate
EUR 0.066 dividend per share. 

Dividends will be paid to the shareholders who at the end of the tenth business
day following the day of the General Shareholders Meeting that adopted a
decision on dividend payment, i.e. on 11 April 2016 were shareholders of INVL
Baltic Farmland, AB. 

From 20 April 2016 the dividends will be allocated in the following order:

- to the shareholders, who’s INVL Baltic Farmland, AB shares are accounted by a
financial brokerage company or credit institutions, which provide securities
accounting services, the amount of dividend, after deduction of Personal or
Corporate withholding income tax applicable by the laws of Lithuania, will be
transferred to the shareholders’ account held with a respective financial
brokerage company or credit institution; 
- to the shareholders, who’s INVL Baltic Farmland, AB shares on behalf of the
Company are accounted by the authorised custodian Siauliu bankas, AB, the
dividend amount, after deduction of Personal or Corporate withholding income
tax applicable by the laws of Lithuania, will be transferred to the
shareholders’ account with Lithuanian commercial bank as indicated by the
shareholders (requests with account indications should be submitted to the
branch at  Seimyniskiu st. 1A, Vilnius). 


Procedure for dividends taxation for the year 2015:
- dividends paid to natural persons–residents of the Republic of Lithuania and
natural persons–residents of foreign countries are subject to withholding
Personal income tax of 15 per cent; 
- dividends paid to legal entities of the Republic of Lithuania and legal
entities–residents of foreign countries are subject to withholding Corporate
income tax of 15 per cent, unless otherwise provided for by the laws. 

For additional information please contact Siauliu bankas, AB tel. 1813.


         The person authorized to provide additional information:
         Egle Surplienė
         Director
         E-mail: egle.surpliene@invaldalt.com