INVL Baltic Real Estate - Notification on material event

Announcement about Cost of Public Offering

Vilnius, Lithuania, 2016-03-18 15:18 CET (GLOBE NEWSWIRE) -- The Board of INVL
Baltic Real Estate, AB (code 152105644, with its registered address at Gynėjų
str. 14, Vilnius, Lithuania) (hereinafter, the Company) hereby communicates the
information concerning the final costs of subscription of 22,523,748 ordinary
registered shares available in public offering (the “Offering”): 
- The offer price for one share of the Company was established at EUR 0.40 and
the investors subscribed for of 22,523,748 Company’s shares; 
- The final value of the Offering amounted to EUR 9,009,499.20;
- The costs related to the Offering incurred by the Company to date are EUR 248
thousand; 
- The average cost of the Offering per share was EUR 0.01.


         The person authorized to provide additional information:
         Egidijus Damulis
         Director
         E-mail: egidijus.damulis@invl.com