Vilnius, Lithuania, 2015-04-10 07:50 CEST (GLOBE NEWSWIRE) -- Shareholders of INVL Technology, AB who own 5 700 680 ordinary registeter shares of INVL Technology AB, which constitute 93.23 per cent of INVL Technology capital, in the shareholders meeting held in 10 April 2015 gave approval to apply for the closed-end investment company license.
According to the decision of shareholders, seeking to ensure the right of INVL Technology, AB shareholders, who did not vote or voted “against” the 4th item on the agenda to sell their shares, shareholders, who voted “for” the resolutions of 4th item of the agenda within one month from the General Shareholders Meeting will have to announce a voluntary tender offer to purchase the rest of the ordinary registered shares of INVL Technology, AB.
INVL Technology, AB, received notice from a shareholder Invalda LT, AB that this duty of shareholders who voted „for“ will be fulfilled by Invalda LT, AB. Preliminary voluntary tender offer price amounts to EUR 1.61 per share.
Only the shareholders who did not vote or voted “against” will have the right to sell their shares during the tender offer. Voluntary tender offer will apply for 414 034 ordinary registered shares of INVL Technology, AB, constituting 6.77 per cent of companies capital.
The person authorized to provide additional information:
Kazimieras Tonkūnas
Director
E-mail: k.tonkunas@invltechnology.lt