Notification on the increase of share capital of INDEXO
On 20th of January 2025, the Enterprise Register registered an increase in the share capital of IPAS “Indexo” (hereinafter – INDEXO), the total share capital of the company being EUR 4 774 117.
With the execution of conversion of employee share options, the Management Board of the INDEXO, based on the decisions and authorizations made at the shareholders' meetings of March 24, 2022 and March 30, 2023, decided on 20th of December 2024 to increase the share capital of the Company by EUR 13 568 (thirteen thousand five hundred sixty-eight euros), issuing new 13 568 (thirteen thousand five hundred sixty-eight) dematerialized shares with a nominal value of EUR 1.00 (one euro) per share.
The newly issued shares are distributed to the employee share option plan participants in proportion to the number of share options held by them in accordance with INDEXO Personnel Options Programs for the year 2022 and 2021. After the increase of the share capital, the total share capital of the Company comprises EUR 4 774 117 (four million seven hundred seventy-four thousand one hundred seventeen euros).
About INDEXO
INDEXO is a financial services group that includes pension management companies and INDEXO Bank.
INDEXO, an investment management company licensed by the Bank of Latvia, offers modern 2nd and 3rd pillar pension plans in Latvia. It is one of the fastest-growing pension managers in the Baltics, with over 142 thousand customers and more than EUR 1.36 billion assets under management.
INDEXO Bank, a credit institution licensed by the European Central Bank, serves over 23 thousand clients, with total client funds amounting to EUR 36.8 million and EUR 1.8 million in issued consumer loans.
Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with nearly 6,000 shareholders. Its mission is to fight for a better financial environment in Latvia and strenghten the well-being of Latvian residents by providing modern and personalized financial services. For more information visit www.indexo.lv.
Contact Information:
Ieva Bauma
INDEXO Head of Marketing and Communications
E: ieva.bauma@indexo.lv
T: +371 28 636 789
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