INVL Baltic Farmland - Notification on material event

Resolutions of the Shareholders Meeting of INVL Baltic Farmland, AB

Vilnius, Lithuania, 2014-06-25 08:28 CEST (GLOBE NEWSWIRE) -- The resolutions
of the General Shareholders Meeting of INVL Baltic Farmland, AB that was held
on 25 June 2014: 
1. Regarding purchase of own shares of INVL Baltic Farmland, AB
A reserve for purchase of own shares, which is equal to LTL 10,659,595.78, was
formed in INVL Baltic Farmland. 
Seeking to ensure for shareholders a possibility to sell company's shares, to
delegate the Board to adopt decisions, on the basis of conditions set out
below, on purchase of own shares of INVL Baltic Farmland through the market of
official offer of NASDAQ OMX Vilnius, in accordance with the market rules. 
Max number of shares to be acquired - the total nominal value of own shares
acquired during the whole period may not exceed 1/10 of share capital. 
The period during which the company may acquire its own shares - 12 months from
the day of this resolution. 
The maximum one share acquisition price - EUR 4.00 (LTL 13.81), minimum one
share acquisition price - EUR 2.86 (LTL 9.88). 
Purchased own shares may be cancelled by the decision of the General
Shareholders Meeting or sold by the decision of the Board upon the condition
that minimum sale price for one share isn't lower than value of consolidated
equity per one share calculated according to the last financial statements of
INVL Baltic Farmland, which was announced before the decision of the Board, and
the sale procedure will ensure equal possibilities for all shareholders to
purchase these shares. 
The Board of INVL Baltic Farmland, in accordance with this resolution and the
requirements of the Company Law of the Republic of Lithuania, is delegated to
organise purchase and sale of own shares, to determine order, time, amount and
price of acquired and purchased shares, as well as to perform other actions
related to the purchase and sale of own shares. 



         The person authorized to provide additional information:
         Darius Sulnis
         Director
         Phone +370 5279 0601
         E-mail:Darius@InvaldaLT.com