Vilnius, Lithuania, 2015-04-30 13:23 CEST (GLOBE NEWSWIRE) -- Nasdaq Vilnius decided to apply observation status to INVL Technology, AB (INC1L, ISIN code: LT0000128860) immediately.
INVL Technology, AB received the announcement from Invalda LT AB about the intention to submit a voluntary tender offer for INVL Technology, AB shares.
The general shareholders meeting of INVL Technology, AB held on 10 April 2015, adopted a decision to reorganize the activity of the INVL Technology, AB so it would operate as the closed-end investment company under the Law of the Republic of Lithuania on Collective Investment Undertakings, and authorized the Board of INVL Technology, AB to perform actions to obtain the closed-end investment company license for the INVL Technology, AB.
The purpose of applying observation status is to alert the market participants.
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