News
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2024-04-30INVL Technology will buy back some of its own shares
INVL Technology, a company that invests in IT businesses, intends to buy back some of its own shares using a reserve formed for that purpose. The company’s shares will be repurchased in the first application of Dutch auction rules on the Lithuanian capital market. The share buyback period begins on 6 May and ends on…
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2024-04-30Announcement of the net asset value of INVL Technology as of 31 March 2024
As provided in Section XI ‘Calculation of the Net Asset Value’ of the Articles of Association of INVL Technology, the net asset value of the Company was EUR 43,807,390 or EUR 3.6281 per share on 31 March 2024.
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2024-04-30INVL Technology had a first-quarter net profit of EUR 279,000
The equity and the net asset value of INVL Technology, a company that invests in IT businesses, were EUR 43.81 million at the end of March this year, or EUR 3.6281 per share, and grew 0.64% from the start of the year. INVL Technology had an unaudited net profit of EUR 279,000 in the first…
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2024-04-30INVL Technology shareholders approve procedures for acquisition of own shares
The shareholders of INVL Technology, a company that invests in IT businesses, approved procedures for acquiring its own shares. The company’s operating results for 2023 and distribution of profits were also approved at the shareholders’ meeting held on 30 April. By the decision of INVL Technology’s shareholders, a EUR 9.8 million reserve formed in 2015…
About Us
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INVL Technology operates as a closed-end fund (CEF) which invests in and develops European IT businesses. The company is headquartered in Vilnius and is listed on the Nasdaq Vilnius stock exchange.
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INVL Technology owns 3 company groups: Novian (a leading Baltic IT company), NRD Companies (a global GovTech company), and NRD Cyber Security (a cybersecurity company).
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On 14 July 2016, the Bank of Lithuania granted INVL Technology a permit to operate as a CEF for 10 years with a possible extension for 2 more years. The company is managed by INVL Asset Management.