{"id":60582,"date":"2026-09-21T08:50:30","date_gmt":"2026-09-21T05:50:30","guid":{"rendered":"https:\/\/staging.indexo.lv\/blogs\/mfn_news\/transactions-in-ipas-indexo-shares\/"},"modified":"2026-09-21T08:50:30","modified_gmt":"2026-09-21T05:50:30","slug":"transactions-in-ipas-indexo-shares","status":"publish","type":"mfn_news","link":"https:\/\/staging.indexo.lv\/en\/blogs\/mfn_news\/transactions-in-ipas-indexo-shares\/","title":{"rendered":"Transactions in IPAS Indexo shares"},"content":{"rendered":"<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-US\">On 17 September 2026, Madis Toomsalu, a member of the Supervisory Boards of IPAS Indexo and INDEXO Bank, acquired 40,000 IPAS Indexo shares outside a trading venue in a private placement at EUR 10.00 per share. The total value of the transaction is EUR 400,000.<\/span><span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t&nbsp;<\/p>\n<table dir=\"ltr\" width=\"607\">\n<tbody>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Person<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">Madis Toomsalu<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Position\/Status<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">Person discharging managerial responsibilities at IPAS Indexo and at a company within the INDEXO Group<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Issuer<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">IPAS Indexo<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">LEI<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">875500AT8JI5HU41AY20<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Type of financial instrument<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">Dematerialised shares, ISIN LV0000101863<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Nature of transaction<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">Acquisition of shares<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Price and volume<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">EUR 10.00 &times; 40,000 shares<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Aggregated information<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">40,000 shares, EUR 400,000<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Date of the transaction<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">17.09.2026<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"middle\" width=\"217\">\n\t\t\t\t<span lang=\"EN-US\">Place of the transaction<\/span><span>&nbsp;<\/span><\/td>\n<td valign=\"middle\" width=\"384\">\n\t\t\t\t<span lang=\"EN-US\">Over the counter (OTC)<\/span><span>&nbsp;<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-US\">The shares were acquired at the same price as in IPAS Indexo&rsquo;s share issue completed in August and have been paid for in full. The resulting increase in IPAS Indexo&rsquo;s share capital will be registered and announced separately.<\/span><span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-US\">The shares are subject to a three-year lock-up approved by the Extraordinary Shareholders&#8217; Meeting on 1 July 2026, during which they cannot be sold. As compensation for the restriction on disposal, the holder is entitled to an amount equal to 15% of the invested sum once the lock-up expires.<\/span><span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-US\">IPAS Indexo discloses transactions in its shares by persons discharging managerial responsibilities and persons closely associated with them, as required by Article 19 of the Market Abuse Regulation. The signed notification is attached.<\/span><span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t<span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t<strong><span lang=\"EN-US\">About the INDEXO financial services group<\/span><span>&nbsp;<\/span><\/strong><\/p>\n<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-GB\">INDEXO is a financial services group comprising pension management companies IPAS INDEXO, INDEXO Atkl&#257;tais Pensiju Fonds AS, and INDEXO Asset Management IPAS, as well as INDEXO Bank AS<\/span><span lang=\"EN-GB\">&#8239;<\/span><span lang=\"EN-GB\">and DelfinGroup AS.<\/span><span>&nbsp;<\/span><\/p>\n<p class=\"mfn-wp-retain\">\n\t<span lang=\"EN-US\">The Group&#8217;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 156 million and a loan portfolio exceeding EUR 130 million. The Group reached profitability in the first quarter of 2026.<\/span><span>&nbsp;<\/span><\/p>\n<div class=\"mfn-footer mfn-about\"><\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p class=\"mfn-wp-retain\"><strong class=\"mfn-heading-1\">Attachments<\/strong><br \/><a href=\"https:\/\/attachment.news.eu.nasdaq.com\/ac321380e0e439cbec5739fa34a5d24f7\" rel=\"noopener nofollow\" target=\"_blank\">MAR_notification_Madis_Toomsalu_2026-09-17_LV_EN.pdf<\/a><\/p>\n<\/div>\n<script>\n                Array.prototype.slice.call(document.querySelectorAll(\".mfn-footer.mfn-attachment\")).forEach(function (el) { el.remove() });\n            <\/script>\n        <div class=\"mfn-attachments-container\"><div class=\"mfn-attachment mfn-file-type-pdf\"><a class=\"mfn-attachment-link\" target=\"_blank\" href=\"https:\/\/storage.mfn.se\/proxy\/mar_notification_madis_toomsalu_2026-09-17_lv_en-pdf.pdf?url=https%3A%2F%2Fattachment.news.eu.nasdaq.com%2Fac321380e0e439cbec5739fa34a5d24f7\" rel=\"nofollow noopener\"><span class=\"mfn-attachment-icon\"><img decoding=\"async\" src=\"https:\/\/storage.mfn.se\/proxy\/mar_notification_madis_toomsalu_2026-09-17_lv_en-pdf.pdf?url=https%3A%2F%2Fattachment.news.eu.nasdaq.com%2Fac321380e0e439cbec5739fa34a5d24f7&amp;type=jpg\" alt=\"\" title=\"\"><\/span>MAR_notification_Madis_Toomsalu_2026-09-17_LV_EN.pdf<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>On 17 September 2026, Madis Toomsalu, a member of the Supervisory Boards of IPAS Indexo and INDEXO Bank, acquired 40,000 IPAS Indexo shares outside a trading venue in a private placement at EUR 10.00 per share. The total value of the transaction is EUR 400,000.&nbsp; &nbsp; Person&nbsp; Madis Toomsalu&nbsp; Position\/Status&nbsp; Person discharging managerial responsibilities at [&hellip;]<\/p>\n","protected":false},"template":"","mfn-news-tag":[510,507,506,515],"class_list":["post-60582","mfn_news","type-mfn_news","status-publish","hentry","mfn-news-tag-mfn-lang-en","mfn-news-tag-mfn-type-ir","mfn-news-tag-mfn","mfn-news-tag-mfn-regulatory"],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/mfn_news\/60582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/mfn_news"}],"about":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/types\/mfn_news"}],"wp:attachment":[{"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/media?parent=60582"}],"wp:term":[{"taxonomy":"mfn-news-tag","embeddable":true,"href":"https:\/\/staging.indexo.lv\/en\/wp-json\/wp\/v2\/mfn-news-tag?post=60582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}