INVL Technology repurchased own shares
INVL Technology, an investment company focused on information technology businesses, repurchased 8,525 of its own shares using a Dutch auction mechanism, for which EUR 38,192 will be paid (excluding brokerage fees). All shares offered by shareholders were acquired at EUR 4.48 per share. Settlement for the repurchased shares will take place on 21 April.
The shares are being repurchased from the accumulated reserve. A maximum of 120 thousand shares could have been acquired during the share buyback.
The acquired shares will be cancelled, with a corresponding reduction in the company's authorised capital, thereby increasing the value of each remaining share.
Prior to the buyback announcement, INVL Technology shares were trading at EUR 4.30 on the stock exchange.
The share acquisition procedure was approved by shareholders at the Annual General Meeting held on 30 April 2025. The company was granted the right to acquire up to 10% of its authorised capital in its own shares, with an 18-month acquisition window from the date of the shareholder resolution. The maximum purchase price per share is set at the last published net asset value of INVL Technology, while the minimum price is EUR 0.29. As the acquired shares will not be resold, no minimum selling price or disposal procedure has been established.
At the shareholders' meeting to be held on 30 April, it will be proposed to approve share buyback terms for the next 18 months.
INVL Technology manages the cybersecurity firm NRD Cyber Security, the GovTech business group NRD Companies, and the IT services company Novian.
Managed by the alternative asset manager INVL Asset Management, INVL Technology operates as a closed-end investment company.
All of the company's investments are to be realised by mid-July 2028 at the latest, with proceeds distributed to shareholders.
Important information
This is a marketing communication, which is not and shall not be construed as an offer to purchase investment shares of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and an investor may recover less than he/she/it has invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the articles of association, prospectus and other documents of the respective collective investment undertaking.
