Special Closed-Ended Type Real Estate Investment Company INVL BALTIC REAL ESTATE NSEL:INR1L Stock Report

Full year 2021 earnings released: EPS: €0.37 (vs €0.41 in FY 2020)

Full year 2021 results: EPS: €0.37 (down from €0.41 in FY 2020). Net income: €3.40m (down 37% from FY 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.

Special Closed-Ended Type Real Estate Investment Company INVL BALTIC REAL ESTATE (NSEL:INR1L) agreed to acquire 257 sq. m. of space at Vilniaus Street 37 in Vilnius for €2.2 million.

INVL Baltic Real Estate Approves Dividend for the Year 2021, Payable on 27 April 2022

On 12 April 2022, the General Shareholders Meeting of INVL Baltic Real Estate decided to allocate EUR 0.12 dividend per share. Dividends will be paid to the shareholders who at the end of the tenth business day following the day of the General Shareholders Meeting that adopted a decision on dividend payment, that is on 27 April 2022 were shareholders of INVL Baltic Real Estate.

No independent directors

There are 3 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 3 new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). Director of INVL Asset Management & Head of Private Equity Funds for INVL Asset Management Vytautas Plunksnis is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.