IPAS “Indexo” (hereinafter – INDEXO) will implement a 1:4 share split in order to make INDEXO shares more accessible to retail investors, including in connection with the planned listing on Nasdaq First North Growth Market Stockholm. As a result of the share split, the number of shares will increase fourfold, from 10,601,531 to 42,406,124 shares, while the nominal value per share will decrease from EUR 1.00 to EUR 0.25.
The Company's share capital will remain unchanged at EUR 10,601,531. The share split will not affect shareholders' rights or their proportionate ownership interest in the Company's share capital.
For each INDEXO share held by a shareholder at the end of 13 October 2026 (the record date), the shareholder will receive four new shares. The existing shares will be automatically replaced with the new shares in the securities settlement system maintained by Nasdaq CSD SE. Shareholders are not required to take any action.
At the Extraordinary Shareholders’ Meeting held on 1 October 2026, INDEXO shareholders approved the share split and the corresponding amendments to the Company's Articles of Association.
Key terms of the share split
| Current ISIN | LV0000101863 |
| New ISIN | LV0000113751 |
| Trading symbol | IDX1R |
| Split ratio | 1:4 (four new shares for each existing share) |
| Current nominal value | EUR 1.00 |
| New nominal value | EUR 0.25 |
| Number of shares before the split | 10,601,531 |
| Number of shares after the split | 42,406,124 |
| Share capital (unchanged) | EUR 10,601,531 |
| Last trading day under the current ISIN | 9 October 2026 |
| Record date | 13 October 2026 |
| Payment date (crediting of new shares) | 14 October 2026 |
| First trading day under the new ISIN | 14 October 2026 |
About the INDEXO financial services group
INDEXO is a financial services group comprising pension management companies IPAS INDEXO, INDEXO Atklātais Pensiju Fonds AS, and INDEXO Asset Management IPAS, as well as INDEXO Bank AS and DelfinGroup AS.
The Group's pension companies manage EUR 1.7 billion for more than 162 thousand customers in Latvia. INDEXO Banka, a bank licensed by the European Central Bank, serves more than 70 thousand customers with deposits exceeding EUR 160 million and a loan portfolio exceeding EUR 135 million. The Group reached profitability in the first quarter of 2026.
More information: https://indexo.lv/en/