INVL Technology, a company that invests in IT businesses, is launching a share buy-back, allocating EUR 3 million for the programme.

The share buy-back will run from 9 to 28 October. The maximum number of INVL Technology shares to be acquired is 544,000, representing 4.5% of the share capital. The shares will be repurchased at a fixed price of EUR 5.5188 per share. This price corresponds to the company’s last net asset value (NAV) per share as of 30 June 2026.

Investors who hold INVL Technology shares at the end of the record date, 9 October, will be eligible to participate in the buy-back.

“This method has been chosen to avoid any impact of the share buy-back on INVL Technology’s price on the stock exchange. Participation is limited to those who owned shares before this announcement was made. We would like to draw investors’ attention to the fact that they will not be able to participate in the buy-back with any shares purchased on the exchange after this date,” says Vytautas Plunksnis, a Member of the Board of INVL Asset Management, which manages INVL Technology.

Shareholder offers to sell up to 4.538% of their shares will be accepted in full. If the total number of shares offered by shareholders exceeds the number planned for the buy-back, the portion of the offers above this limit will be reduced proportionally (pro-rata). The final number of shares to be repurchased from each shareholder will be rounded down to the nearest whole number.

The decision on the share buy-back was taken by the Board of INVL Asset Management. Kazimieras Tonkūnas and Vida Tonkūnė, members of INVL Technology’s Investment Committee, recused themselves from the decision as they intend to participate in the buy-back.

Through this buy-back, the company aims to reduce its share capital by cancelling the repurchased shares, while also giving all shareholders the opportunity to sell a portion of their holdings on a proportional basis.

To sell their shares, shareholders should contact the bank or brokerage firm where their securities account is held. If a shareholder does not have such an account, they will need to open one first.

The company has allocated a total reserve of EUR 9.8 million for share buy-backs.

INVL Technology’s portfolio includes the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.

INVL Technology, which is managed by INVL Asset Management, a leading alternative asset manager in the Baltics, is a closed-end investment company. Its investments must be realised by mid-July 2028 at the latest, with the proceeds distributed to its shareholders.

Important information

This is a marketing communication, which is not and shall not be construed as an offer to purchase investment shares of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs of any individual investor.

When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the articles of association, prospectus and other documents of the respective collective investment undertaking.

For more information contact:

 Kazimieras Tonkūnas

Managing partner of INVL Technology UTIB

E-mail [email protected]