INVL Baltic Real Estate (hereinafter – “the Company”) informs that during the redemption process of the Company’s shares due to the modification of the essential documents of the Company as a result of the Law on Collective Investment Undertakings of the Republic of Lithuania, the Company will reimburse 1,190,122 shares (9.05% of all shares issued by the Company) for € 2.6 million. from the shareholders of the Company. Shareholders of the Company for the redeemed shares will be paid on February 24, 2021.
The repurchase process of treasury shares is carried out with a resolution of the Company’s Shareholders’ Meeting of 14 January 2021 regarding the amendment of the essential provisions of the document of …
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