News of the Company
Invalda has completed the split-off 2013-05-30
On 31st of May, 2013 the split–off of one of the largest Lithuanian investment companies Invalda has been completed. After this process two companies will be operating – Invalda Privatus Kapitalas and Invalda LT. On Friday the Register of Legal Entities has registered Invalda Privatus Kapitalas - a newly established eintity, which has been split-off off Invalda. Also, Invalda will continue its activity as Invalda LT and authorized capital of Invalda LT was reduced to 24.834 million litas. The authorized capital of Invalda Privatus Kapitalas, AB is set at 20.7 million litas.
According to the split-off terms, „Invalda“ shareholders had 45.447849 of their „Invalda“ shares swapped into the shares of Invalda Privatus Kapitalas.
Mr. Vytautas Bucas, Mr. Algirdas Bucas and Ms. Irena Ona Miseikiene will be the largest shareholders in Invalda Privatus Kapitalas, AB; Mr. Darius Sulnis, Mr. Alvydas Banys and Ms. Irena Ona Miseikiene, as well as the persons related to them, are the largest shareholders in Invalda LT, AB.
The trading of shares of Invalda on the stock exchange has been suspended until the reorganization is completed.
The shares of Invalda Privatus Kapitalas are not expected to listed on the Stock Exchange.