OREANDA-NEWS. On Monday one of the major Lithuanian investment companies INVALDA, AB paid 8.878 million litas for 2.1 percent of the treasury shares.

„We fulfilled our obligation to the shareholders who during the split-off decided to be paid instead of getting shares in Invalda LT, AB and Invalda Privatus Kapitalas, AB“, - Mr. Darius Sulnis, the president of Invalda LT, AB, said.

After the settlement the amount of Company‘s shares with voting right total to 45.523 million units (excluding Company’s treasury shares).

According to the split - off terms approved by the shareholders of the Company, a part of INVALDA, AB will be split – off and, on the basis of this part, a new public joint - stock company Invalda Privatus Kapitalas will be formed. 45.45 percent of the total assets of INVALDA, AB (a balance sheet value of the Company’s assets at the end of 2012 totaled to 372.2 million litas) as well as 45.45 percent of its equity capital and liabilities will be allocated to the newly established entity.

INVALDA, AB will continue its activity under the new name Invalda LT, AB. It is assumed that the authorized capital of Invalda LT amounts to 24.834 million litas and Invalda Privatus Kapitalas – to 20.689 million litas.

After the split – off, Mr. Darius Sulnis, Mr. Alvydas Banys and Ms. Irena Ona Miseikiene, as well as the persons related to them, will be the largest shareholders in Invalda LT, AB; and Mr. Vytautas Bucas, Mr. Algirdas Bucas and Ms. Irena Ona Miseikiene will be the largest shareholders in Invalda Privatus Kapitalas, AB.