INVL Technology - Notification on material event

Convocation of an extraordinary general meeting of shareholders of AB INVL Technology and publication of draft resolutions

Vilnius, Lithuania, 2016-02-12 16:56 CET (GLOBE NEWSWIRE) -- On the initiative
and decision of the Management Board of AB INVL Technology (legal entity code:
300893533, address of the registered office: Gynėjų g. 16, Vilnius, Republic of
Lithuania, hereinafter, the Company), the Company’s extraordinary general
meeting of shareholders is to be held on 7 March 2016 at 4:30 p.m. 

The extraordinary general meeting of shareholders will be held in the premises
of UAB INVL Asset Management at Gynėjų g. 14, Vilnius. 

Registration of the shareholders will start at 4:00 p.m.

Only the persons who are the shareholders of the Company at the end of the
accounting day of the extraordinary general meeting of shareholders are
entitled to participate and to vote at the extraordinary general meeting of
shareholders. 

The accounting day of the meeting is 29 February 2016.

The total number of the shares issued by the Company, with the nominal value of
EUR 0.29 each, and the number of votes carried by such shares in the general
meeting of shareholders is the same – 12,175,321 shares. ISIN code of the
Company’s shares is LT0000128860. 

Agenda of the extraordinary general meeting of shareholders:

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

2.      Approval of the Management Agreement of special closed-ended type
private capital investment company INVL Technology with the management company
UAB INVL Asset Management (legal entity code: 126263073, address of the
registered office: Gynėjų g. 14, Vilnius, Republic of Lithuania). 

3.      Approval of the Depository Services Agreement of special closed-ended
type private capital investment company INVL Technology with AB SEB Bankas
(legal entity code: 112021238, address of the registered office: Gedimino pr.
12, Vilnius, Republic of Lithuania). 

Draft resolutions of the Company’s extraordinary general meeting of
shareholders: 

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

In view of the resolutions taken at the general meeting of shareholders of AB
INVL Technology, held on 10 April 2015, regarding the transformation of the
activity of AB INVL Technology so that it operates as a closed-ended type
investment company in accordance with the Law of the Republic of Lithuania on
Collective Investment Undertakings, to approve a new wording of the Articles of
Association of special closed-ended type private capital investment company
INVL Technology prepared by the Management Board of AB INVL Technology, by
replacing the text of the Articles of Association in full (enclosed). 

To authorise Kazimieras Tonkūnas, Director of AB INVL Technology to sign the
Articles of Association of special closed-ended type private capital investment
company INVL Technology. 

2.      Approval of the Management Agreement of special closed-ended type
private capital investment company INVL Technology with the management company
UAB INVL Asset Management (legal entity code: 126263073, address of the
registered office: Gynėjų g. 14, Vilnius, Republic of Lithuania) 

In view of the resolutions taken at the general meeting of shareholders of AB
INVL Technology, held on 10 April 2015, regarding the transformation of the
activity of AB INVL Technology so that it operates as a closed-ended type
investment company in accordance with the Law of the Republic of Lithuania on
Collective Investment Undertakings, to approve the Management Agreement of
special closed-ended type private capital investment company INVL Technology
with the management company UAB INVL Asset Management (legal entity code:
126263073, address of the registered office: Gynėjų g. 14, Vilnius, Republic of
Lithuania) (enclosed), prepared by the Management Board of AB INVL Technology. 

3.      Approval of the Depository Services Agreement of special closed-ended
type private capital investment company INVL Technology with AB SEB Bankas
(legal entity code: 112021238, address of the registered office: Gedimino pr.
12, Vilnius, Republic of Lithuania) 

In view of the resolutions taken at the general meeting of shareholders of AB
INVL Technology, held on 10 April 2015, regarding the transformation of the
activity of AB INVL Technology so that it operates as a closed-ended type
investment company in accordance with the Law of the Republic of Lithuania on
Collective Investment Undertakings, to approve the Depository Services
Agreement of special closed-ended type private capital investment company INVL
Technology with AB SEB Bankas (legal entity code: 112021238, address of the
registered office: Gedimino pr. 12, Vilnius, Republic of Lithuania) (enclosed),
prepared by the Management Board of AB INVL Technology. 

The shareholders may review the documents related to the agenda of the meeting,
draft resolutions on every item of the agenda, documents which have to be
submitted to the general meeting of shareholders and other information related
to realization of the shareholder’s rights in the premises of AB INVL
Technology at Gynėjų g. 16, Vilnius, during working hours. 

The shareholders are entitled: (i) to propose to supplement the agenda of the
general meeting of shareholders, submitting a draft resolution on every
additional item of the agenda or, where there is no need to take a decision, of
the shareholder’s explanation (this right is granted to shareholders who hold
shares carrying at least 1/20 of all the votes). A proposal to supplement the
agenda is to be submitted in writing by registered mail or delivered in person
against signature. The agenda is supplemented if the proposal is received no
later than 14 days before the general meeting of shareholders; (ii) to propose
draft resolutions on the issues already included or to be included in the
agenda of the general meeting of shareholders at any time prior to the date of
the general meeting of shareholders (in writing, by registered mail or
delivered in person against signature) or in writing during the general meeting
of shareholders (this right is granted to shareholders who hold shares carrying
at least 1/20 of all the votes); (iii) to submit questions to the Company
related to the issues on the agenda of the general meeting of shareholders in
advance but no later than 3 business days prior to the general meeting of
shareholders in writing by registered mail or delivered in person against
signature. 

A shareholder participating at the general meeting of shareholders and having
the right to vote must present an identity document. Each shareholder may
authorize either a natural or a legal person to participate and to vote on
behalf of the shareholder at the general meeting of shareholders. The proxy has
the same rights as the represented shareholder would have at the general
meeting of shareholders. The authorized persons must have identity documents
and a power of attorney approved in the manner specified by law, which must be
submitted to the Company no later than before the commencement of registration
for the general meeting of shareholders. A power of attorney issued abroad must
be translated into the Lithuanian language and legalised in accordance with the
procedure prescribed by law. The Company does not establish a special form of a
power of attorney. 

A shareholder is entitled to issue a power of attorney by means of electronic
communications to legal or natural persons for participation and voting on his
behalf at the general meeting of shareholders. The shareholder must inform the
Company about the power of attorney issued by means of electronic
communications no later than before the commencement of registration for the
general meeting of shareholders. The power of attorney issued by means of
electronic communications and the notice about it must be written and may be
submitted to the Company by means of electronic communications, if the security
of transmitted information is ensured and the identity of the shareholder can
be verified. 

A shareholder or his proxy may vote in writing by filling in a general ballot
paper, in which case the requirement to present an identity document does not
apply. The form of a general ballot paper is presented on the Company’s
website. Upon a shareholder’s request, the Company shall send the general
ballot paper to the requesting shareholder by registered mail or shall deliver
it in person against signature no later than 10 days prior to the general
meeting of shareholders free of charge. The shareholder or his authorized
representative must sign a completed general ballot paper. The completed
general ballot paper signed by the shareholder or other person having the right
to vote and the document confirming the right to vote must be presented to the
Company in writing no later than on the last working day preceding the meeting,
sending them by registered mail to AB INVL Technology at Gynėjų g. 16, LT-01109
Vilnius. 

The Company does not provide possibilities of participating and voting at the
meeting by means of electronic communications. Information in connection with
the convened general meeting of shareholders (notice on convocation of the
general meeting of shareholders, information about the Company’s shares, draft
resolutions, etc.) is available on AB INVL Technology’s website at
www.invltechnology.lt. 


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

Attachments:

Draft_Depository_agreement_02-12.pdf

Draft Articles of Association.pdf

Ballot paper for voting in writing .pdf

Draft Management Agreement .pdf