OREANDA-NEWS. December 04, 2015. Invalda INVL AB announced that during the tender offer to buy up shares in INVL Baltic Real Estate AB, 11,608 ordinary registered shares were offered for which Invalda INVL AB will pay EUR 4,063 (not including brokerage fees). The settlement date for the offered shares is 7 December 2015.

After completion of the tender offer, Invalda INVL AB will own 5,509,016 INVL Baltic Real Estate AB shares, which comprise 12,74 per cent of INVL Baltic Real Estate AB’s share capital and votes.

In total Invalda INVL AB offered to pay EUR 0.35 per share to buy up 3,509,076 ordinary registered shares of INVL Baltic Real Estate AB with par value of EUR 0.29 and the ISIN code LT0000127151, which account for 8.12 per cent of all the issued shares of INVL Baltic Real Estate AB and grant the same amount of voting rights.

The tender offer was announced seeking to ensure the rights of those shareholders who voted against or abstained from voting on INVL Baltic Real Estate AB’s application for a closed-end investment company license at the INVL Baltic Real Estate shareholders meeting held on 28 October 2015.