INVL Technology shareholders agreement amendment was signed


Vilnius, Lithuania, 2015-06-09 08:36 CEST (GLOBE NEWSWIRE) -- INVL Technology, AB (the Company) announces that on the 27 May 2015 the Company and its Shareholders LJB Investments UAB, Lucrum Investicija UAB, the public joint stock company Invalda INVL, Irena Ona Mišeikienė, Darius Šulnis, Alvydas Banys, Indrė Mišeikytė, Kazimieras Tonkūnas, Rokas Ralys, Marius Leščinskas, Artūras Milašauskas, Gytis Umantas, Tomas Šeikus, Vida Juozapavičienėhave signed an agreement regarding amendment of the Shareholders Agreement, dated 26 November 2014.

Agreement foresees that based on the decisions of the General Meeting, dated 10 April 2015, if the condition of raising not less than EUR 10 million in the public offering is fulfilled, the public joint stock company Invalda INVL the next day after the registration of the increased authorised capital of the Company in the Register of Legal Persons will acquire for the final Offer Price in total 551 523 Shares in the Company from Kazimieras Tonkūnas, Rokas Ralys, Marius Leščinskas, Artūras Milašauskas, Gytis Umantas, Tomas Šeikus and Vida Juozapavičienė.

After the execusion of the above mentioned transactions these shareholders who sold their shares of the Company to the public joint stock company Invalda INVL agreed not to sell any of owned Company‘s Shares, for a 12 months period as from registration of the increased authorised capital of the Company with the Register of Legal Persons.

         The person authorized to provide additional information:
         Kazimieras Tonkūnas
         Director
         E-mail: k.tonkunas@invltechnology.lt