Legal documents
Articles of Association of the public joint stock company INVL Baltic Farmland (registered on 18 April 2023, translation from Lithuanian)
Pursuant to Article 372(10)(3) of the Law on Public Limited Companies, for transactions entered into with a subsidiary in which this public limited company holds all the shares, or where the total value of such transactions during the financial year does not exceed one-tenth of the value of the assets of the public limited company, the shares of which are admitted to trading on a regulated market, of the value of assets as stated in the most recent balance sheet, the provisions of Article 372 do not apply. As all transactions in the Company are loans with subsidiaries or do not exceed one-tenth of its assets, details of such transactions are not disclosed.
