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INVL Technology

Major Shareholding Notification • Dec 11, 2014

2265_iss_2014-12-11_8748decc-4c02-4d1b-9e7d-47bffea4ad41.html

Major Shareholding Notification

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Disclosure 319971

INVL Technology - Notification on material event

INVL Technology, AB controls 65.65 percent of BAIP group, UAB shares

Vilnius, Lithuania, 2014-12-11 15:50 CET (GLOBE NEWSWIRE) -- INVL Technology, a company investing into IT businesses, informs that BAIP group completed share capital increase and stake controlled by INVL Technology decreased from 80 to 65.65 percent. As announced on 27 November 2014, according to the shareholder‘s agreement signed by INVL Technology and BAIP group, new share issue was bought by BAIP group shareholders for LTL 1.71 million (EUR 0.5 million). INVL Technology and BAIP group plan to merge and to attract at least EUR 10 million by new share issue, dedicated to investing into other IT companies. The person authorized to provide additional information: Darius Sulnis Director Phone +370 5279 0601 E-mail: [email protected]