INVL Baltic Real Estate

Declaration of Voting Results & Voting Rights Announcements • Mar 7, 2016

Disclosure 331024

INVL Baltic Real Estate - Notification on material event

INVL Baltic Real Estate AB notification on the final number of allocated shares and allocation thereof

Vilnius, Lithuania, 2016-03-07 15:09 CET (GLOBE NEWSWIRE) -- On 7 March 2016 the Board of INVL Baltic Real Estate AB (the “Company”), referring to the resolutions of the extraordinary general meeting of shareholders of the Company held on 28 October 2015 regarding increase of the authorised capital by additional contributions of the persons, subscribing the shares (the “Resolutions”), also taking into account the recommendation of UAB FMĮ “INVL Finasta”, which is the lead manager of the offering of newly issued shares of the Company, inter alia decided: 1) to determine that the final number of the new shares of the Company to be issued in fulfilment of the Resolutions (hereinafter, the “New Shares”) is 22 523 748; 2) to allocate the New Shares for the offer price, established by the resolution of the Board of the Company (EUR 0.40), as follows: (i) 15 927 358 units shall be allocated to the existing shareholders of the Company, being the shareholders at the close of 31 December 2015, (ii) 4 966 890 units shall be allocated to the retail investors and (iii) 1 629 500 units shall be allocated to the institutional investors. The Company also informs that one of the major shareholders of the Company Invalda INVL AB, having subscribed for the New Shares (15 546 663 units) have paid thereof by offsetting against the opposite homogeneous demands against the Company, arising from the loan agreements (in an amount of EUR 6 218 665.20). The person authorized to provide additional information: Egidijus Damulis Director E-mail: egidijus.damulis@invl.com