INVL Technology - Notification on material event

Resolutions of the Shareholders Meeting of INVL Technology, AB

Vilnius, Lithuania, 2016-06-27 07:58 CEST (GLOBE NEWSWIRE) -- The resolutions
of the General Shareholders Meeting of INVL Technology, AB that was held on 27
June 2016: 

1. Amendment of the Articles of Association of special closed-end type private
capital investment company INVL Technology and approval of a new wording of the
Articles of Association. 

To amend the Articles of Association of special closed-end type private capital
investment company INVL Technology approved by a resolution of the general
meeting of shareholders of AB INVL Technology held on 29 April 2016 and to
approve a new wording of the Articles of Association of special closed-end type
private capital investment company INVL Technology, by replacing the text of
the Articles of Association in full (enclosed). 

To authorise Kazimieras Tonkūnas (with the right to re-delegate the authority)
to sign the Articles of Association of special closed-end type private capital
investment company INVL Technology. 



2. Amendment of the Management Agreement of special closed-end type private
capital investment company INVL Technology with the management company UAB INVL
Asset Management and approval of a new wording of the Management Agreement. 

To amend the Management Agreement approved by a resolution of the general
meeting of shareholders of AB INVL Technology held on 29 April 2016 with the
management company UAB INVL Asset Management (legal entity code 126263073,
address of the registered office: Gynėjų str. 14, Vilnius, Republic of
Lithuania) and to approve a new wording of the Management Agreement of special
closed-end type private capital investment company INVL Technology with the
management company UAB INVL Asset Management, by replacing the text of the
Management Agreement in full (enclosed). 



3. Approval of the rules for formation and activities of the audit committee of
a special closed-end type private capital investment company INVL Technology,
election of members of the audit committee and setting remuneration for the
independent member of the audit committee. 

To approve the rules for formation and activities of the audit committee of a
special closed-end type private capital investment company INVL Technology
(enclosed). 

To elect Danutė Kadanaitė and Tomas Bubinas (independent member of the audit
committee) as members of the audit committee of special closed-end type private
capital investment company INVL Technology. 

To set remuneration for the independent member of the audit committee for his
work in the audit committee at the hourly rate not higher than EUR 145. To
instruct the management company UAB INVL Asset Management (legal entity code
126263073, address of the registered office: Gynėjų str. 14, Vilnius, Republic
of Lithuania) to determine the procedure of payment of the remuneration to the
independent member of the audit committee after the issuance of the license for
the closed-end type investment company. 



Enclosed:

1. Approved draft Articles of Association of special closed-end type private
capital investment company INVL Technology; 

2. Approved draft Management Agreement of special closed-end type private
capital investment company INVL Technology with the management company UAB INVL
Asset Management; 

3. Rules for formation and activities of the audit committee of special
closed-end type private capital investment company INVL Technology. 


         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         Authorised person acting pursuant to the power of attorney, dated 13
May 2016 
         E-mail: k.tonkunas@invltechnology.lt

Attachments:

1. INVL Technology Articles of Association_GSM 27062016.pdf

2. INVL Technology Management Agreement_GSM 27062016.pdf

3. INVL Technology Audit Committee Regulations.pdf