Dividend Payment Policy of the Closed-End Investment Company INVL Baltic Real Estate
Information for individuals acquiring equity securities issued by INVL Baltic Real Estate
UTIB INVL Baltic Real Estate Articles of Association (registered on 11 May 2023).
Valid Prospectus
INVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
In order to meet the above-mentioned requirement, in September 2019 the Company’s management company INVL Asset Management, UAB (hereinafter – the Management company) prepared a Prospectus in compliance with CIU. Considering that at the time of publication of the information there are no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, on 24 January 2024, the Management company of the Company approved the updated version of the Prospectus and approved its publication.
The Prospectus was submitted to the Bank of Lithuania in accordance with the CIU.
INVL Baltic Real Prospectus prepared in accordance with CIU
For more information please visit Company’s announcement.
Unvalid prospectus
INVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
In order to meet the above-mentioned requirement, in September 2019 the Company’s management company INVL Asset Management, UAB (hereinafter – the Management company) prepared a Prospectus in compliance with CIU. Considering that at the time of publication of the information there are no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, on 24 May 2023, the Management company of the Company approved the updated version of the Prospectus and approved its publication.
The Prospectus was submitted to the Bank of Lithuania in accordance with the CIU.
For more information please visit Company’s announcement.
Unvalid prospectus
On 13 December 2022, INVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
In order to meet the above-mentioned requirement, in September 2019 the Company’s management company INVL Asset Management, UAB (hereinafter – the Management company) prepared a Prospectus in compliance with CIU. Considering that at the time of publication of the information there are no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, on 12 December 2022, the Management company of the Company approved the updated version of the Prospectus and approved its publication.
The Prospectus was submitted to the Bank of Lithuania in accordance with the CIU.
For more information please visit Company’s announcement.
Unvalid prospectus
On 24 March 2021, INVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
In order to meet the above-mentioned requirement, in September 2019 the Company’s management company INVL Asset Management, UAB (hereinafter – the Management company) prepared a Prospectus in compliance with CIU. Considering that at the time of publication of the information there are no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, on 21 March 2021, the Management company of the Company approved the updated version of the Prospectus and approved its publication.
The Prospectus was submitted to the Bank of Lithuania in accordance with the CIU.
For more information please visit Company’s announcement.
On 18 May 2020, INVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
In order to meet the above-mentioned requirement, in September 2019 the Company’s management company INVL Asset Management, UAB (hereinafter – the Management company) prepared a Prospectus in compliance with CIU. Considering that at the time of publication of the information there are no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, on 18 May 2020, the Management company of the Company approved the updated version of the Prospectus and approved its publication.
The Prospectus was submitted to the Bank of Lithuania in accordance with the CIU.
On 29 December 2016 Director of the Supervision Service of the Bank of Lithuania by the decision No. 241-256 approved the prospectus for admission to trading on the Nasdaq Vilnius AB securities exchange (hereinafter – the Prospectus) of the ordinary shares of the closed-ended type investment company INVL Baltic Real (hereinafter –the company).
The purpose of the approved Prospectus is admission of all the issued ordinary registered shares of the Company to trading on Nasdaq Vilnius AB taking into account fact that Central Bank of the Republic of Lithuania on 22 December 2016 granted the Company license of closed-closed-ended type investment company.
Before the issuance of the closed-ended type investment company licence all the shares of the Company were listed and traded on the Secondary List of Nasdaq Vilnius AB. Following the issuance of the licence, no new shares of the Company were issued. However, taking into consideration the changed status of the Company and aim to have the shares of the Company listed on the regulated market, the Company drafted this document.
You can get acquainted with all the information equivalent to an issue prospectus in the announcement of 29 December 2016.
According to Article 372, part 10, point 3 of the Law on Companies, the provisions of Article 372 are not applicable to the transactions concluded with a subsidiary company, if the owner of all shares is this joint-stock company. In addition, the provisions of Article 372 is not applicable when the transaction or the total amount of such transactions per financial year do not exceed 1/10 of a joint stock company whose shares are allowed to be traded on the regulated market, the value of the assets specified in the latest balance sheet. Since all transactions in the Company are either with subsidiaries or does not exceed 1/10 of its asset value, the details of such transactions are not disclosed.