2015-04-09 08:54:44 CEST

2015-04-09 08:55:50 CEST


REGULATED INFORMATION

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INVL Technology - Notification on material event

Audited results of INVL Technology (code 303299817) for 2014 


Vilnius, Lithuania, 2015-04-09 08:54 CEST (GLOBE NEWSWIRE) -- Audited net
profit of INVL Technology (code 303299817) amounted to EUR 2.892 million (LTL
9.986 million). 

The financial statements cover the financial period of the company, starting
from the company's establishment date 29 April 2014 and ending on 31 December
2014, therefore there are no comparative data. The public joint-stock company
INVL Technology (code 303299817), ceased its activities on 9 February 2015,
after the merger into BAIP Group AB (code 300893533), which took over the
corporate name of the public joint-stock company INVL Technology and operates
in the market). 

Audited net profit is by 96 per cent bigger than earlier announced unaudited
result. Profit increased due to increase in value of investment in BAIP Group,
AB shares after independent appraiser Deloitte verslo konsultacijos, UAB
conducted independent valuation. 


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