Closed-end investment company specifics

INVL Technology was licenced as a closed-end investment company (UTIB) by the Bank of Lithuania on 14 July 2016. The company’s Articles of Association stipulate that UTIB INVL Technology will operate until 14 July 2026, with extension possible for a further 2 years.

The company’s investment period will last for 5 years, and during the remaining 5 years the company will seek to increase the value of the businesses it owns and sell them profitably to major players, thereby generating a significant return for investors.

For acquisitions, the company allocates money raised during the successful public offering of INVL Technology shares in July 2015. In the offering, 10 million euros was raised.

When the company obtained UTIB status, its management was assumed by the INVL Asset Management, a company of Invalda INVL – one of the Baltic region’s leading asset management groups.
 
In keeping with the Articles of Association of UTIB INVL Technology, the investment company’s first net asset value was published on 30 August 2016. The value was 23 906 150 euros as at 13 July 2016.

 

Investments in the shares of closed-end investment companies (hereinafter “UTIB”) are associated with investment risk. The value of a company’s shares can both rise and fall, and you may recover less than you invested or even lose the entire invested amount. Past results only show the changes in the value of a company’s shares over a past period. Past results do not guarantee future performance.
 
The information provided does not encompass all the information disclosed by the company and should be read together with the company’s publicly announced financial information. The financial data provided should be evaluated together with the financial statements. The data presented reflect the situation for a past period of time and results for a past period are not a reliable indicator of future performance.
 
The UTIB does not guarantee the profitability of investments. The latest values of the shares of the UTIB are available on the website www.invltechnology.com.
 
Before making a decision to invest, you should personally or with the help of investment advisors assess the selected UTIB’s investment strategy, applicable fees and all investment-related risks. You should also carefully read the UTIB’s Prospectus, Rules and Key Investor Information Document. These documents are available for review on the website www.invltechnology.com.
 
All the information presented is of a promotional-informative nature and cannot be construed as a recommendation, offer or invitation to invest in the shares of the UTIB. The company is not responsible for any decisions taken by third parties on the basis of information provided in this presentation alone and assumes no responsibility for expenses or direct or indirect losses experienced when using only this information. The information provided cannot be the basis for any subsequently concluded agreement. Although the content of this information of a promotional nature is based on sources considered to be reliable, the company is not responsible for inaccuracies or changes in the information, or for losses that may arise when investments are based on this information.
The right of investors in the UTIB to demand redemption of shares which they hold is restricted.