On 14 October 2026 IPAS “Indexo” (hereinafter – INDEXO) has submitted a draft Company Description to Nasdaq Stockholm for preliminary review in connection with the planned admission to trading of Swedish Depository Receipts (SDRs) representing INDEXO shares on Nasdaq First North Growth Market Stockholm. In this review, Nasdaq Stockholm assesses whether INDEXO meets the listing requirements of Nasdaq First North Growth Market. This marks the next step in the previously announced process to broaden INDEXO’s access to the Nordic capital market and diversify its investor base.

The submission is not an application for admission to trading. The admission to trading remains subject to formal application. Nasdaq Stockholm’s approval and the fulfilment of other applicable conditions, and there can be no assurance that it will take place. INDEXO will inform investors of any further material developments.

An SDR is a Swedish security representing shares in a non-Swedish company. The underlying INDEXO shares will be held by a custodian bank on behalf of SDR holders. The SDRs will be registered with the Swedish central securities depository Euroclear Nordics. Each SDR is planned to represent one INDEXO share. SDR holders will in all material respects have the same economic rights as shareholders, including the right to dividends, and may exercise voting rights through the custodian in accordance with the SDR general terms and conditions. SDRs may be converted into the underlying shares and vice versa. INDEXO shares will remain listed on the Nasdaq Riga Baltic Main List.

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 Bank, a bank licensed by the European Central Bank, serves more than 70 thousand customers with deposits exceeding EUR 167 million and a loan portfolio before expected credit losses exceeding EUR 139 million. The Group reached profitability in the first quarter of 2026.

More information: https://indexo.lv/en/