About INVL Technology

Company Description

INVL Technology is a closed-end investment company which invests in IT businesses. It is listed on the Nasdaq Vilnius exchange (INC1L).

The company was established in early 2015 through a merger of the asset management and IT business companies INVL Technology AB and BAIP Group AB.

On 3 July 2015, INVL Technology placed a new issue of 6 060 607 shares at a price of 1.65 euros per share and raised 10 million euros.

On 14 July 2016, the Bank of Lithuania issued a closed-end investment company (CEF) licence to INVL Technology. INVL Technology will operate until 14 July 2026, with extension possible for two more years.

When the company obtained the status of a CEF, its management was assumed by INVL Asset Management – part of the investment management and life insurance group INVL.

INVL Technology operates as a diversified cluster of IT businesses focused on large corporate and public sector clients which helps to globalise the activities of the businesses it owns.

Year founded

2007

Served area

Europe

Shareholder information

Shares outstanding

12,175,321

IPO

June 4, 2014

Stock exchange(s)

Nasdaq Baltic

Contact

Newsletter

Subscribe to our newsletter and receive information about recent IPOs, news in the European capital market and more.