Madis Toomsalu, Member of the Supervisory Boards of IPAS “Indexo” and AS INDEXO Banka and former CEO of AS LHV Group, subscribed to 40,000 new INDEXO shares in a private placement at a price of EUR 10.00 per share, investing a total of EUR 400,000 in the Company. A separate notification regarding this transaction has been published in accordance with Article 19 of Regulation (EU) No 596/2014.
On 24 September 2026, the Enterprise Register of the Republic of Latvia registered the corresponding increase in the share capital of IPAS “Indexo” by EUR 40,000.
On the same date, the Enterprise Register also registered an increase in the share capital of AS INDEXO Banka by EUR 910,000, based on a resolution adopted by the shareholders’ meeting of INDEXO Banka.
| Issuer | IPAS Indexo | AS INDEXO Banka |
| Short name | IDX1R | – |
| ISIN | LV0000101863 | – |
| Nominal value per share | EUR 1.00 | EUR 1.00 |
| Number of new shares | 40,000 | 910,000 |
| Issue price per new share | EUR 10.00 | EUR 1.00 |
| Share capital increase | EUR 40,000 | EUR 910,000 |
| Share capital before the increase | EUR 10,561,531 | EUR 35,005,752 |
| Share capital after the increase | EUR 10,601,531 | EUR 35,915,752 |
| Number of shares before the increase | 10,561,531 | 35,005,752 |
| Number of shares after the increase | 10,601,531 | 35,915,752 |
| Registered | 24 September 2026 | 24 September 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 69 thousand customers with deposits exceeding EUR 161 million and a loan portfolio exceeding EUR 133 million. The Group reached profitability in the first quarter of 2026.
More information: https://indexo.lv/en/
