INVL Baltic Real Estate - Notification on material event

Procedure for the payout of dividends for the year 2016

Vilnius, Lithuania, 2017-05-11 15:07 CEST (GLOBE NEWSWIRE) -- On 11 April 2017,
the General Shareholders Meeting of INVL Baltic Real Estate (identification
code 152105644, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate
EUR 0.012 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 26 April 2017 were shareholders of INVL
Baltic Real Estate, AB. 

From 11 May 2017 the dividends will be allocated in the following order:

- to the shareholders, who’s INVL Baltic Real Estate 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 Real Estate 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 any
branch of Siauliu bankas, AB. The list of the branches of Siauliu bankas, AB
can be found here). 

Procedure for dividends taxation for the year 2016:
- 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 on payout of the dividends please contact Siauliu
bankas AB tel. 1813. 


         The person authorized to provide additional information:
         Real Estate Fund Manager of Management Company
         Vytautas Bakšinskas
         E-mail vytautas.baksinskas@invl.com