Skip to main content

Agreement on the sale of a land owned by a subsidiary of INVL Baltic Farmland, AB has been concluded

Written by Customer Service on . Posted in Public Companies.

The INVL Baltic Farmland, AB (hereinafter – “the Company”) informs that on 17 March 2022 a real property sale and purchase agreement was concluded with UAB Mantinga, legal entity code 110669492, regarding the sale of 17.2882 ha land, that was owned by the Company‘s  subsidiary UAB Puškaitis.

The value of the transaction is EUR 450,000. At the end of the year, the value of the sold land, based on data provided by an external valuer, was EUR 100,248. It should be noted that the difference between the sale and value prices of the land is based on the fact that the buyer of the land does not plan to use the land according to its agricultural purpose. The profit from the transaction will have a significant impact on the Company’s ordinary annual profit excluding the revaluation of land.

The person authorized to provide additional information:
Director Egle Surpliene
E-mail: egle.surpliene@invaldainvl.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.