INVL Baltic Real Estate - Notification on material event

Procedure for the payout of dividends for the year 2015

Vilnius, Lithuania, 2016-05-23 15:56 CEST (GLOBE NEWSWIRE) -- On 27 April 2016,
the General Shareholders Meeting of INVL Baltic Real Estate, AB (identification
code 152105644, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate
EUR 0.012 dividend per share. 

Dividends will be paid to the shareholders who at the end of the tenth business
day following the day of the General Shareholders Meeting that adopted a
decision on dividend payment, i.e. on 11 May 2016 were shareholders of INVL
Baltic Real Estate, AB. 

From 26 May 2016 the dividends will be allocated in the following order:

- to the shareholders, who’s INVL Baltic Real Estate, AB shares are accounted
by a financial brokerage company or credit institutions, which provide
securities accounting services, the amount of dividend, after deduction of
Personal or Corporate withholding income tax applicable by the laws of
Lithuania, will be transferred to the shareholders’ account held with a
respective financial brokerage company or credit institution; 
- to the shareholders, who’s INVL Baltic Real Estate, AB shares on behalf of
the Company are accounted by the authorised custodian Siauliu bankas, AB, the
dividend amount, after deduction of Personal or Corporate withholding income
tax applicable by the laws of Lithuania, will be transferred to the
shareholders’ account with Lithuanian commercial bank as indicated by the
shareholders (requests with account indications should be submitted to the
branch at  Seimyniskiu st. 1A, Vilnius). 

Shareholders, who have received shares of INVL Baltic Real Estate during the
split-off procedure from Invalda LT (code 121304349) and who have indicated
their accounts for the allocation of dividends of Invalda LT at Finasta AB FBC,
dividends will be transferred to following shareholders account. 

Please note that regarding the transfer of the Danske Bank A/S retail banking
services to Swedbank, AB, the persons who have submitted their Danske Bank A/S
accounts to the Siauliu Bankas, AB shall provide an updated account
information. 

Procedure for dividends taxation for the year 2015:
- dividends paid to natural persons–residents of the Republic of Lithuania and
natural persons–residents of foreign countries are subject to withholding
Personal income tax of 15 per cent; 
- dividends paid to legal entities of the Republic of Lithuania and legal
entities–residents of foreign countries are subject to withholding Corporate
income tax of 15 per cent, unless otherwise provided for by the laws. 


         The person authorized to provide additional information:
         Egidijus Damulis
         Director
         Email: egidijus.damulis@invl.com