Brief: Invalda INVL To Acquire Up To 10% Stake Of Siauliu Bankas

Invalda Invl AB

22/12/2021 16:58

Dec 22 (Reuters) - Invalda Invl AB  IVL1L.VL :
    * SAYS SIGNED  SHARE PURCHASE-SALE AGREEMENT WITH EUROPEAN
BANK
FOR RECONSTRUCTION AND DEVELOPMENT
    * SAYS PARTIES AGREED THAT CO WILL DIRECTLY AND/OR
INDIRECTLY
ACQUIRE FROM EBRD 35,240,296 SHARES OF SIAULIU BANKAS BY MAY.31,
2024
    * SAYS PARTIES HAVE AGREED THAT THE INITIAL PRICE FOR
SIAULIU
BANKAS SHARES IS EUR 0.633 PER SHARE
    * SAYS CO TOGETHER WITH SUBSIDIARY INVL ASSET MANAGEMENT,
OWNS
6.14% OF THE SHARES OF SIAULIU BANKAS
    * SAYS CO TO ACQUIRE STAKE UP TO 10% OF SIAULIU BANKAS

Source text:  ID:nGNEfBhlH 
Further company coverage:  IVL1L.VL 

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