On January 26, settlement was completed for the mandatory share buyback offer made by IPAS INDEXO to AS DelfinGroup. As a result of the settlement, IPAS INDEXO acquired 1,862,021 shares of AS DelfinGroup, representing 4.09% of DelfinGroup’s total voting share capital. The mandatory share buyback offer was launched following a voluntary share buyback offer, which resulted in INDEXO already acquiring 67.42% of the total voting capital of DelfinGroup.

To execute the share exchange settlement, IPAS INDEXO issued new dematerialized shares with a temporary ISIN code. After the registration of the new share issue in the Commercial Register, the temporary ISIN code will be replaced with the permanent ISIN LV0000101863, and the shares will begin trading on the stock exchange.       

About INDEXO financial services group              

INDEXO is a financial services group that includes pension management companies IPAS INDEXO, AS INDEXO Atklātais Pensiju Fonds, IPAS VAIRO, as well as INDEXO Bank and AS DelfinGroup.            

The pension management companies within the INDEXO group in Latvia offer modern 2nd and 3rd pillar pension plans. More than 159 thousand clients entrust the group with managing their pension savings totaling more than EUR 1.56 billion.   

INDEXO Bank, a credit institution licensed by the European Central Bank, serves nearly 50 thousand clients, with total client deposits amounting to EUR 73.6 million and EUR 55,5 million in loans.                     

Founded and headquartered in Latvia, INDEXO is a Nasdaq Riga-listed company with over 7 300 shareholders. Its mission is to fight for a better financial environment in Latvia and strengthen the well-being of Latvian residents by providing modern and personalized financial services. For more information visit www.indexo.lv.       

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. For more information visit www.delfingroup.lv.   

      Contact information:
      Ieva Bauma
      INDEXO Head of Marketing and Communications
      E:ieva.bauma@indexo.lv
      P:+ 371 28 636 789