{"id":60567,"date":"2026-10-06T08:31:59","date_gmt":"2026-10-06T05:31:59","guid":{"rendered":"https:\/\/staging.indexo.lv\/blogs\/mfn_news\/indexo-to-implement-a-14-share-split\/"},"modified":"2026-10-06T08:31:59","modified_gmt":"2026-10-06T05:31:59","slug":"indexo-to-implement-a-14-share-split","status":"publish","type":"mfn_news","link":"https:\/\/staging.indexo.lv\/en\/blogs\/mfn_news\/indexo-to-implement-a-14-share-split\/","title":{"rendered":"INDEXO to implement a 1:4 share split"},"content":{"rendered":"

\n\tIPAS “Indexo” (hereinafter – INDEXO) will implement a 1<\/span>:<\/span>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.<\/span> <\/span><\/strong><\/p>\n

\n\tThe 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.<\/span> <\/span><\/p>\n

\n\tFor 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. <\/span> <\/span><\/p>\n

\n\tAt 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.<\/span> <\/span><\/p>\n

\n\t <\/p>\n

\n\tKey terms of the share split<\/span> <\/span><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n\t\t\t\tCurrent ISIN<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tLV0000101863<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tNew ISIN<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tLV0000113751<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tTrading symbol<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tIDX1R<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tSplit ratio<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t1:4 (four new shares for each existing share)<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tCurrent nominal value<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tEUR 1.00<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tNew nominal value<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tEUR 0.25<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tNumber of shares before the split<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t10,601,531<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tNumber of shares after the split<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t42,406,124<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tShare capital (unchanged)<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\tEUR 10,601,531<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tLast trading day under the current ISIN<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t9 October 2026<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tRecord date<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t13 October 2026<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tPayment date (crediting of new shares)<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t14 October 2026<\/span> <\/span><\/td>\n<\/tr>\n
\n\t\t\t\tFirst trading day under the new ISIN<\/span> <\/span> <\/strong><\/td>\n\n\t\t\t\t14 October 2026<\/span> <\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\n\t <\/span><\/p>\n

\n\tAbout the INDEXO financial services group     <\/span> <\/span><\/strong><\/p>\n

\n\tINDEXO 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.     <\/span> <\/span><\/p>\n

\n\tThe 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.   <\/span> <\/span><\/p>\n

\n\tMore information: <\/span>https:\/\/indexo.lv\/en\/<\/span><\/a>    <\/span> <\/span><\/p>\n