INVL Baltic Farmland - Notification on material event

Convocation of the Shareholders Meeting of INVL Baltic Farmland and draft resolutions

Vilnius, Lithuania, 2014-05-30 08:12 CEST (GLOBE NEWSWIRE) -- On the initiative
and decision of the Board of INVL Baltic Farmland, AB (company code 303299781,
registration address Kalvariju str. 11A-20, Vilnius, office address Seimyniskiu
1A, Vilnius) the General Shareholders Meeting of INVL Baltic Farmland, AB is to
be held on 25 June 2014 at 9:00 a.m. at Seimyniskiu str. 1, Vilnius (in the
office of Invalda LT). 

Registration of the shareholders will start at 8:30 a.m.

Only the persons who are the shareholders of INVL Baltic Real Estate at the end
of the accounting day of the General Shareholders Meeting (17 June 2014) are
entitled to participate and to vote at the General Shareholders meeting. 

The agenda of the General Shareholders Meeting of INVL Baltic Farmland includes:
1. Regarding purchase of own shares of INVL Baltic Farmland, AB

The draft resolutions of the General Shareholders Meeting of INVL Baltic
Farmland: 

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, is
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 statement 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 

The documents related to the agenda, draft resolutions on every item of agenda,
documents what have to be submitted to the General Shareholders Meeting and
other information related to realization of shareholders rights are available
at Seimyniskiu str. 1A, Vilnius, during working hours. 
The shareholders are entitled: (i) to propose to supplement the agenda of the
General Shareholders Meeting submitting draft resolution on every additional
item of agenda or, than there is no need to make a decision - explanation of
the shareholder. Proposal to supplement the agenda is 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 before the General
Shareholders Meeting; (ii) to propose draft resolutions on the issues already
included or to be included in the agenda of the General Shareholders Meeting at
any time prior to the date of the General Shareholders meeting (in writing, by
registered mail or delivered in person against signature) or in writing during
the General Shareholders Meeting; (iii) to submit questions to the Company
related to the issues of agenda of the General Shareholders Meeting in advance
but no later than 3 business days prior to the General Shareholders Meeting in
writing by registered mail or delivered in person against signature. 
Shareholder participating at the General Shareholders Meeting and having the
right to vote must submit documents confirming personal identity. Each
shareholder may authorize either a natural or a legal person to participate and
to vote on the shareholder's behalf at the General Shareholders Meeting. The
representative has the same rights as his represented shareholder at the
General Shareholders Meeting. The authorized persons must have documents
confirming their personal identity and 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 Shareholders Meeting.
Shareholder is entitled to issue power of attorney by means of electronic
communications for legal or natural persons to participate and to vote on its
behalf at the General Shareholders Meeting. The shareholders must inform the
Company about power of attorney issued by means of electronic communications no
later than before the commencement of registration for the General Shareholders
Meeting. The power of attorney issued by means of electronic communications and
notice about it must be written and submitted to the Company by means of
electronic communications. 
Shareholder or its representative may vote in writing by filling general voting
bulletin, in such a case the requirement to deliver a personal identity
document does not apply. The form of general voting bulletin is presented at
the Company's webpage www.invlBalticFarmland.lt. If shareholder requests, the
Company shall send the general voting bulletin to the requesting shareholder by
registered mail or shall deliver it in person against signature no later than
10 days prior to the General Shareholders Meeting free of charge. The filled
general voting bulletin must be signed by the shareholder or its authorized
representative. Document confirming the right to vote must be added to the
general voting bulletin if authorized person is voting. The filled general
voting bulletin must be delivered to the Company's correspondence address
Seimyniskiu str. 1A, LT09312, Vilnius, by registered mail or in person against
signature no later than before the day of the General Shareholders Meeting. 
Information related with the convened General Shareholders Meeting (notice on
convocation of General Shareholders Meeting, information about Company's
shares, draft resolution, etc.) are available at Company's webpage
http://www.invlBalticFarmland.lt. 


         The person authorized to provide additional information:
         Darius Sulnis
         Director
         Phone +370 5 279 0601
         Email: darius@invaldalt.com

Attachments:

General Voting Bulletin_INVL Baltic Farmland.pdf