The Bank of Lithuania approved the voluntary tender offer of the asset management group Invalda INVL to buy up the shares in the IT investment company INVL Technology.

Invalda INVL will offer EUR 1.61 per share for shares in INVL  Technology, the offer applies for 414 034 ordinary registered shares of INVL Technology, AB, amounting to 6.77 per cent of company’s capital.

The tender offer is announced  to ensure the rights of the shareholders who on 10 April, 2015 voted “against” or did not vote for INVL Technology obtaining the closed-end investment company license.

The tender offer will be implemented from 22 May till 4 June, 2015 on NASDAQ Vilnius stock exchange.