Notification on the increase of share capital of INDEXO
On June 3rd, 2024, the Enterprise Register registered an increase in the share capital of IPAS “Indexo” (hereinafter – INDEXO), the total share capital of the company being EUR 4 589 479.
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 9th of May 2024 to increase the share capital of the Company by EUR 24 149 (twenty-four thousand one hundred and forty-nine euros), issuing new 24 149 (twenty-four thousand one hundred and forty-nine) 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 4 589 479 (four million five hundred eighty-nine thousand and four hundred and seventy-nine euros).
Management board of INDEXO
About INDEXO
INDEXO is an asset management company licensed by the Bank of Latvia, which offers modern 2nd and 3rd pillar pension saving plans in Latvia. INDEXO is the fastest growing pension manager in the Baltics by number of clients with more than 133 thousand customers and more than 1.09 billion euros in management and a company listed on the Nasdaq Riga stock exchange with close to 6,000 shareholders.
INDEXO Banka, part of INDEXO Group, has obtained a license to operate the credit institution and plans to start providing financial services in the summer of this year. INDEXO is fighting for a better financial environment in Latvia, and our goal is to become a financial services group that empowers Latvia’s people to achieve prosperity by providing modern, personalized services. Additional information is available at www.indexo.lv.
Contact Information:
Ieva Bauma
INDEXO Head of Marketing and Communications
E: ieva.bauma@indexo.lv
P: +371 28 636 789
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