DelfinGroup announces that it has received information from IPAS INDEXO regarding a planned mandatory share buyback offer.

The mandatory share buyback offer is a legal requirement that comes into effect when IPAS INDEXO's stake in DelfinGroup exceeds 30%. It was previously announced that on 15 December, settlement was made for the voluntary share buyback offer made by IPAS INDEXO, as a result of which IPAS INDEXO acquired a 67.42% stake in DelfinGroup.

On 16 December 2025, IPAS INDEXO submitted documents to the Bank of Latvia, including the IPAS INDEXO mandatory share buyback prospectus, in accordance with the procedure set out in the Share Buy-back Law, in order to obtain permission to make the offer.

The IPAS INDEXO mandatory share repurchase prospectus will be available after its approval by the Bank of Latvia.

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.