Invalda LT - Notification on material event

Invalda LT acquired 12.4 stakes in INVL Baltic Real Estate and INVL Technology

Vilnius, Lithuania, 2014-06-03 18:11 CEST (GLOBE NEWSWIRE) -- Invalda LT, one
of the largest investment companies in Lithuania, acquired 12.42 per cent stake
in INVL Baltic Real Estate and 12.42 per cent stake in INVL Technology.
Transactions in total worth EUR 2.2 million (LTL 7.6 million) were signed with
a company Lucrum Investicija, which is controlled by Darius Sulnis, the
president of Invalda LT. 

“The Board of Invalda LT has decided to invest in INVL Baltic Real Estate and
INVL Technology shares at certain conditions. This transaction is concluded
between related persons but on the market terms and D. Sulnis abstained from
voting on this decision”, said Alvydas Banys, Chairman of the Board of Invalda
LT. 

Price paid for 12.42 per cent stake in INVL Baltic Real Estate - EUR 1.593
million (LTL 5.5 million), or 1.82 EUR per share. Price paid for 12.42 per cent
stake in INVL Technology - EUR 0.607 million (LTL 2.097 million), or 8.25 EUR
per share. 

Shares of INVL Baltic Real Estate and INVL Technology will be listed on NASDAQ
OMX Vilnius stock exchange from 4th of June 2014. 


         The person authorized to provide additional information:
         Darius Sulnis
         President
         Phone +370 5279 0691
         E-mail:Darius@InvaldaLT.com