Vilnius, Lithuania, 2016-04-21 08:42 CEST (GLOBE NEWSWIRE) -- The Board of INVL Baltic Farmland, AB taking into account that INVL Baltic Farmland's share price on NASDAQ Vilnius stock exchange is lower than the equity value per one share at the end of 2015 (EUR 3,21) and considering the Resolution of the General Shareholders meeting held on 28 October 2015, initiated an acquisition of own ordinary registered EUR 0.29 nominal value shares. The acquisition will be implemented through the market of official offer of NASDAQ Vilnius stock exchange. Share sale offers shall be accumulated during the entire acquisition period. Should sale offers exceed quantity of shares to be acquired, all offers shall be reduced in proportion.
Share acquisition starts on 25 April 2016
Share acquisition ends on 20 June 2016
Max number of shares to be acquired: 70,000
Share acquisition price: EUR 3.21 per share.
The person authorized to provide additional information:
Egle Surpliene
Director
Email: egle.surpliene@invaldalt.com