The real estate investment company INVL Baltic Real Estate has signed a market-making agreement with Šiaulių Bankas, which has undertaken to act as market maker for the company‘s shares to increase their liquidity.
Under the agreement, Šiaulių Bankas will provide liquidity on both bid and ask sides around the INVL Baltic Real Estate spread at least 85 percent of the trading time on the stock exchange, increasing market depth in this way.
The service will commence after INVL Baltic Real Estate has placed its new equity issue and has registered the new shares. INVL Baltic Real Estate is offering a new EUR 11.5 million share issue by March 4 to attract investment into the company, which has been successfully managing and maintaining a real estate portfolio.
Person authorised to provide additional information:
CEO Egidijus Damulis
E-mail: Egidijus.damulis@invl.com