INVL Technology - Notification on material event

INVL Technology acquired bonds issued by BAIP UAB

Vilnius, Lithuania, 2017-01-17 15:21 CET (GLOBE NEWSWIRE) -- Special
closed-ended type investment company INVL Technology and BAIP UAB (legal entity
code 301318539, registered address A. Juozapavičiaus str. 6, Vilnius,
Lithuania) has signed the private placement bonds agreement. 

On 17 January 2017 INVL Technology acquired EUR 1.55 million of bonds issued by
its portfolio company BAIP UAB. Annual interest rate of bonds – 7.625 percent.
Bonds currency – Euro. Bonds mature on 30 June 2017. 

BAIP UAB will keep money raised in the bond issue in a separate account and do
not plan to use the funds for the company’s operational activities. BAIP UAB
will use money raised in the bond issue to ensure the participation in a
foreign tender. 


         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         INVL Technology Managing Partner
         e-mail k.tonkunas@invltechnology.lt