INVL Baltic Real Estate AB (the “Company”) hereby informs that on 8 March 2016 the increased authorized capital of the Company and its new wording of Articles of Association has been registered with the Register of Legal Entities.
During the public offering of shares the Company has allotted 22,523,748 units of new shares, the issue price of which was EUR 0.40, the total issue price – EUR 9,009,499.20.
Following the increase of the authorised capital of the Company it is equal to EUR 19,067,500 and is divided into 65,750,000 units of shares, which grant 65,750,000 votes. Nominal value per share – EUR 0.29.
The Company also informs that on 8 March 2016 the Central Securities Depository of Lithuania announced a stock event regarding registration of the new shares (22,523,748 units). Taking into consideration the aforementioned, on 10 March 2016 the new shares should be registered with the depository and automatically introduced into trading on the Secondary List of AB Nasdaq Vilnius.
INVL Baltic Real Estate Articles of Association 2016 03 08.pdf