IPAS Indexo, registration number 40203042988 (IPAS INDEXO or the Offeror), has made a mandatory share buyback offer to AS DelfinGroup, registration number 40103252854, legal address Skanstes iela 50A, Riga, LV-1013, Latvia ("DelfinGroup" or "Company"), shareholders. The offer was made on the basis of the Mandatory Share Repurchase Offer Prospectus, which was approved by the Bank of Latvia on 5 January 2026.
The mandatory share buyback offer took place from 6 January 2026 to 19 January 2026. As part of the mandatory share buyback offer, DefinGroup shareholders were offered to sell DelfinGroup shares at a price of EUR 1.30 per share or to exchange DelfinGroup shares for INDEXO's new issue of dematerialised shares, receiving one IPAS INDEXO share for 7. 3 DelfinGroup shares.
In accordance with the provisions of Section 32, Paragraph 1 of the Share Repurchase Law and based on the information provided by Nasdaq CSD SE, registration number: 40003242879, legal address: Vaļņu iela 1, Riga, LV-1050, the Offeror has informed the Bank of Latvia, the regulated market organizer - joint stock company "Nasdaq Riga" and the Company about the results of the offer:
1. Information about the Company: Joint Stock Company “DelfinGroup”, registration number: 40103252854, legal address: Skanstes iela 50A, Riga, LV-1013, Latvia, website address: www.delfingroup.lv
2. Information about the offeror: IPAS “Indexo”, registration number 40203042988, legal address: Roberta Hirša iela 1, Riga, LV-1045, website address: www.indexo.lv
3. Number of shares offered for sale: 1,765,588 shares, representing 3.88% of DelfinGroup voting capital.
4. Number of shares offered for exchange: 96,433 shares, representing 0.21% of DelfinGroup's voting capital.
5. Total number of shares and voting rights that will be held by the Offeror after the conclusion of the offer: 32,505,904 voting shares of DelfinGroup, representing 71.52% of the voting capital of DelfinGroup.
The planned settlement date for the buyback offer is 26 January 2026.
About DelfinGroup
DelfinGroup is a licenced fintech company established in 2009 and currently operating in Latvia and Lithuania. The company operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, pawn loans, and the sale of pre-owned goods online and at more than 80 branches across Latvia. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.