Vilnius, Lithuania, 2015-01-27 07:47 CET (GLOBE NEWSWIRE) --
The Board of INVL Baltic Farmland, AB (identification code 303299781, the registered address Šeimyniškių str. 1A, Vilnius, Lithuania) taking into account that INVL Baltic Farmland's share price on NASDAQ OMX Vilnius stock exchange is more than 5 percent lower than the equity value per one share (EUR 3,017) and considering the Resolution of the General Shareholders meeting held on 25 June 2014, initiated an acquisition of own ordinary registered LTL 1 (one) nominal value shares. The acquisition will be implemented through the market of official offer of NASDAQ OMX Vilnius stock exchange. Share sale offers shall be accumulated during the entire acquisition period. Should sale offers exceed quantity of shares to be acquired, all offers shall be reduced in proportion.
Share acquisition starts on 29 January 2015.
Share acquisition ends on 26 February 2015.
Max number of shares to be acquired: 16 471.
Share acquisition price: EUR 2.86 per share.
The person authorized to provide additional information:
Darius Sulnis
Director
Email: darius@invaldalt.com