The Board of one of the largest Lithuanian investment companies’ Invalda AB convenes the extraordinary general shareholders’ meeting. The shareholders will be asked to give an assignment to the Board to draw up the terms of reorganization by way of division or split-off of the Company.

The general shareholders’ meeting will be held on November 20, 2012.

„It is planned to split different investment strategies by risk and horizon into separate companies“- said Dalius Kaziunas, the president of Invalda AB.

According to him, possible allocation of the assets and the structure of shareholders of the companies will be known once the terms of reorganization or split-off are prepared.

Shareholders are also proposed to elect joint-stock company PricewaterhouseCoopers to audit annual financial statements of the financial years 2012-2013 and establish remuneration of 111 thousand litas plus VAT for each year.