Prospectus of INVL Baltic Real Estate


Valid Prospectus


INVL Baltic Real Estate (hereinafter may be referred as the Company) informs that taking into account provisions 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).

The Prospectus prepared by the Company according to CIU was approved by INVL Asset Management, UAB in August 2019. Taking into account that the Prospectus should be renewed annualy and the fact that at the time of publication of the information there is no grounds that the Company should prepare and own a prospectus complying with the requirements of the LS, the Company in order to meet the said requirement prepared a renewed version of the Prospectus in compliance with CIU. The Company's management company INVL Asset Management, UAB approved the Prospectus and approved its publication on 18 May 2020.

The Prospectus was submitted to the Bank of Lithuania in accordance with the Law on Managers of Alternative Investment Undertakings of the Republic of Lithuania, article 40 (9).


INVL Baltic Real Prospectus prepared in accordance with CIU

For more information please visit Company's announcement of material event.



Unvalid Prospectus


On 23 August 2019 INVL Baltic Real Estate (hereinafter may be referred as the Company) informs that the new version of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter - CIU) came into force. 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).

Taking into account 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, the Company in order to meet the said requirement, prepared a Prospectus in compliance with CIU. The Prospectus complies with the format and content requirements according to CIU.The Prospectus was submitted to the Bank of Lithuania in accordance with the Law on Managers of Alternative Investment Undertakings of the Republic of Lithuania, article 40 (9).

For more information please visit Company's announcement of material event.

On 23 April 2018 Director of the Supervision Service of the Bank of Lithuania by the decision No. 241-70 approved the prospectus of the public offering (the „Public Offering“ hereinafter, the “the Offering”, the „Prospectus of the Public Offering“ hereinafter, the “Prospectus”, please see the attached documents) of INVL Baltic Real Estate  (hereinafter, the “Company”).

The Public offering  was executed by Invalda INVL AB (hereinafter referred, the „Selling Shareholder“), which on the day of the Prospectus is the largest shareholder of the Company, holding 32.23% of the Company‘s shares. During the Public Offering, the Selling Shareholder sells up to 2,893,000 units of existing ordinary registered shares of the Company, which represent up to 22% of the Company's share capital.

For more information please visit Company's announcement of material event.
 

On 21 May 2018 Director of the Supervision Service of the Bank of Lithuania by the decision No. 241-128 approved the supplement to the prospectus of the public offering of INVL Baltic Real Estate. The supplement to the Prospectus is an integral part of the Prospectus and must be read in conjunction with the entire Prospectus and the documents incorporated by reference to the Prospectus. On 27 August 2018 Director of the Supervision Service of the Bank of Lithuania by the decision No. 241-196 approved the second supplement to the prospectus of the public offering of INVL Baltic Real Estate.

The Company’s public offering of shares took place in three stages (from 2 May to 13 December 2018) during which Invalda INVL sold a total of 22,465 shares of the Company for the total price of EUR 57,183.13 (not including intermediation fees). That represents 0.17 per cent of the Company’s shares and the voting rights they grant in the general meeting of shareholders.

For more information please Company's announcement of the material event.



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 material event announcement of 29 December 2016.


 

Investments in the shares of closed-end investment companies (hereinafter may be reffered as “CEF“) are associated with investment risk and others risks specified in the Articles of Association and Prospectus of the closed-end investment company. The value of a company’s shares can both rise and fall, and you may recover less than you invested or even lose the entire invested amount. Past results only show the changes in the value of a company’s shares over a past period. Past results do not guarantee future performance.

The information provided does not encompass all the information disclosed by the company and should be read together with the company’s publicly announced financial and other information. The financial data provided should be evaluated together with the financial statements. The data presented reflect the situation for a past period of time and results for a past period are not a reliable indicator of future performance.

The closed-end investment company and (or) the Management Company of the closed-end investment company does not guarantee the profitability of investments. The latest values of the shares of the closed-end investment company are available on the website bre.invl.com/lit/en. Before making a decision to invest, you should personally or with the help of investment advisors assess the selected closed-end investment company's investment strategy, applicable fees and all investment-related risks. You should also carefully read the closed-end investment company's Prospectus, Rules and Key Investor Information Document and other share distribution dokuments. These documents are available for review on the website bre.invl.com/lit/en.

All the information presented is of a promotional-informative nature and cannot be construed as a recommendation, offer or invitation to invest in the shares of the closed-end investment company. The closed-end investment company and (or) the Management Company of the closed-end investment company is not responsible for any decisions taken by third parties on the basis of information provided in this website alone and assumes no responsibility for expenses or direct or indirect losses experienced when using only this information. The information provided cannot be the basis for any subsequently concluded agreement. Although the content of this information of a promotional nature is based on sources considered to be reliable, the closed-end investment company and (or) the Management Company of the closed-end investment company is not responsible for inaccuracies or changes in the information, or for losses that may arise when investments are based on this information.

The right of investors in the closed-end investment company to demand redemption of shares which they hold is restricted.