2014-04-15 15:25:29 CEST

2014-04-15 15:26:29 CEST


REGULATED INFORMATION

Lithuanian English
Invalda AB - Notification on material event

Trading in Invalda LT shares will be stopped from 23 April 2014


Vilnius, Lithuania, 2014-04-15 15:25 CEST (GLOBE NEWSWIRE) --  Due to the fact
that: 
1) shareholders meeting of Invalda LT is held on 28 April 2014 and the meeting
should pass decisions regarding the split-off of the company and approval of
the split-off terms; 
2) when the above mentioned decision is taken, according to the rules specified
in the split-off terms part of owned Invalda LT shares will be annulled
shareholders will be entitled to the shares of the split-off companies; 
and seeking to ensure smooth implementation of the split-off process of Invalda
LT, the Board of Invalda LT decided to halt trading in Invalda LT shares on
NASDAQ OMX Vilnius stock exchange from 23 April 2014 till the end of the
split-off. 

Additional information:
“Trading will be stopped in order to implement fast and smooth split-off. We
will have a stable list of company's shareholders on the shareholders' meeting
day, therefore, we will be able to quickly complete the split-off process and
resume trading. We will seek to start trading of newly established companies
shares on NASDAQ OMX Vilnius Stock Exchange in May", - Darius Sulnis, the
president of Invalda LT, commented. 
Current Invalda LT shareholders will participate in the capital of new
companies according to the proportions of their existing shareholding. Invalda
LT will hold 52.05 percent of Invalda LT assets, equity and liabilities,
calculated at their book values, 14.45 percent will go to INVL Baltic Farmland,
30.9 percent - INVL Baltic Real Estate and 2.6 percent to INVL Technology. At
the end of 2013 stand-alone assets of Invalda LT amounted to LTL 174.6 million
(EUR 50.6 million), equity - LTL 160 million (LTL 46.3 million). 
Split-off is performed using book values, thus the new companies' share price
will be determined by the market. 


         The person authorized to provide additional information:
         Darius Sulnis
         President
         Phone +370 5 279 0601
         Email: darius@invaldalt.com