The Typical Shareholders conference of INVL Baltic Genuine Estate (hereinafter – “the Firm”) held on 12 April 2022 made the decision to approve the proposed dividend allocation of EUR .12 for every share for the 12 months 2021 (the whole sum of dividends allocation quantities to EUR 967,369.68).

The Corporation notes that dividends will be paid out and dividend payment treatment for 2021 published in just one particular thirty day period of the Common Shareholders Conference that accredited the determination to allocate the dividends. Persons, who will be shareholders of the Company at the conclude of 27 April 2022, the tenth working day just after the Basic Shareholders Assembly to approve the resolution to allocate aspect of Company’s earnings for the payment of dividends, are entitled to obtain dividends.

The ex-date is 26 April 2022. From that day the new proprietor of the shares of INVL Baltic Authentic Estate, ISIN code LT0000127151, which were being acquired on inventory trade with settlement cycle of T+2, is not entitled to dividends for the 12 months 2021.

Furthermore, the Basic Meeting of Shareholders of the Enterprise approved the principal terms and circumstances underneath which the repurchase of the Firm’s very own shares will be carried out.

Additional facts:

The true estate financial investment enterprise INVL Baltic Serious Estate will pay back EUR 1 million of dividends to shareholders for 2021, or EUR .12 for each share. This and other conclusions were being adopted at the normal assembly of shareholders of the organization held these days.

“The company’s successful operations demonstrate our potential to create sizeable advancement of asset price and let us to shell out traders a dividend greater than the EUR .09 for each share envisaged in the company’s dividend coverage,” explained Vytautas Bakšinskas, a member of the INVL Baltic Genuine Estate Expenditure Committee.

The dividends will be paid out out inside of a thirty day period of the determination. Those people persons will be qualified to obtain them who are shareholders of INVL Baltic Real Estate at the close of company on 27 April 2022. Centered on the 11 April 2022 share value, the dividend yield is higher than 5%.

INVL Baltic Real Estate owns actual estate in Vilnius and Riga: business office properties in the Outdated Town of the Lithuanian funds on Vilniaus Street and in Šiaurės Miestelis, and the Dommo Organization Park production, warehouse and business office advanced beside the Riga bypass. At year-finish the company’s properties experienced occupancies of 98% to 100%.

INVL Baltic Genuine Estate’s latest property holdings have a total spot of 28,000 sq. m. and a worth of EUR 29.6 million.

Since its start as a collective financial commitment undertaking (on 22 December 2016), INVL Baltic Real Estate has been 1 of the Baltic genuine estate cash open up to retail traders with the optimum stable returns. The fund operates as a closed-conclusion financial investment organization. Management of the organization was assumed by INVL Asset Management, a single of Lithuania’s foremost asset administration firms. The company will run as a closed-conclude expenditure company until 2046, with extension achievable for a more 20 years.

The person approved to provide more data:
Genuine Estate Fund Supervisor of Management Enterprise
Vytautas Bakšinskas
E-mail [email protected]

By Lela