Invalda LT, AB will buy-back 7.42 % shares


Vilnius, Lithuania, 2013-10-07 16:20 CEST (GLOBE NEWSWIRE) -- Invalda LT, AB finished implementation of the share buy-back procedure. The company will acquire 7.42 % of own shares for the total amount of EUR 5.343 million (LTL 18.45 million). Invalda LT, AB could purchase up to 2 million units of shares. During the share buy-back procedure it was offered to buy 1,842,553 units of shares.

Every shareholder sold 100 % of offered shares for the price of EUR 2.9 (LTL 10.01) per share.

Share buy-back procedure started from 24 September and was implemented through the market of official tender offers of NASDAQ OMX Vilnius stock exchange until 7 October. The acquired 1,842,553 units of shares will be settled in euros on 10 October.

 

         The person authorized to provide additional information:
         Darius Sulnis
         President
         Tel. +370 5279 0601
         E-mail: darius@invaldalt.com

GlobeNewswire

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