On May 6, 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 5 046 225. On May 7, 2025, the Enterprise Register also registered an increase in the share capital of AS INDEXO Banka (hereinafter – INDEXO Banka), the total share capital of the company being EUR 20 977 945. 

In the course of executing a public capital raise and based on the authorization set out in the Articles of Association of INDEXO, on April 30, 2025 the Management Board of INDEXO adopted a resolution to increase the share capital, as a result of which, on May 6, 2025, the share capital of INDEXO was increased , by EUR 272,108 (two hundred seventy-two thousand one hundred eight euros), issuing new 272,108 (two hundred seventy-two thousand one hundred eight) dematerialized shares with a nominal value of EUR 1.00 (one euro) per share. After the increase of the share capital, the total share capital of INDEXO is EUR 5 046 225 (five million forty-six thousand two hundred twenty-five euros). 

Based on the decision and authorizations made at the shareholders' meeting of INDEXO Banka on April 30, 2025, the share capital of INDEXO Banka was increased by EUR 2,735,000 (two million seven hundred thirty-five thousand euros) on May 7, 2025, by issuing 2,735,000 (two million seven hundred thirty-five thousand) dematerialized shares with a nominal value of EUR 1.00 (one euro) per share. The total share capital of INDEXO Banka after the increase is EUR 20,977,945 (twenty million nine hundred seventy-seven thousand nine hundred forty-five 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 144 thousand customers and more than EUR 1.3 billion assets under management.     

INDEXO Bank, a credit institution licensed by the European Central Bank, serves over 33 thousand clients, with total client funds amounting to EUR 47.4 million and EUR 9.2 million in issued consumer loans.  

Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with more than 6,400 shareholders. Its mission is to fight for a better financial environment in Latvia and strengthen the well-being of Latvian residents by providing modern and personalized financial services.  For more information visit www.indexo.lv.