INVL Technology - Notification on material event

Some bonuses to employees of INVL Technology companies will be paid in shares

Vilnius, Lithuania, 2017-05-19 08:44 CEST (GLOBE NEWSWIRE) -- Employees of
companies owned by INVL Technology, a company that invests in IT businesses,
will receive some bonuses in the form of INVL Technology stock. 

“We want the objectives of INVL Technology’s investors and employees of the
businesses it owns to be aligned. If the value of those businesses grows then
INVL Technology’s share price will also increase, and the value created will be
shared by both shareholders and employees,” said Kazimieras Tonkūnas, Managing
Partner for UTIB INVL Technology at INVL Asset Management. 

The Investment Committee of INVL Technology approved stock motivation
procedures on 18 May 2017. 

It is envisaged that up to 30 per cent of employee bonuses will be paid in
stock. Shares of INVL Technology will be purchased on the exchange after the
audited results and net asset value are published. It is stipulated that the
price paid for shares shall not exceed the equity value per share. 


         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         INVL Technology Managing Partner
         e-mail k.tonkunas@invltechnology.lt