Increase of the share capital of IPAS Indexo through a private placement of shares
Two members of the Supervisory Board of IPAS Indexo (hereinafter – INDEXO) have acquired new INDEXO shares in a private placement for a total of EUR 400,000: Druvis Mūrmanis, one of INDEXO's founders, and Jānis Pizičs, a partner at the investment fund Merito Partners, each through a legal entity they control – SIA "Dziela" and SIA "BWCA" respectively. Their transactions have been disclosed separately under Article 19 of the Market Abuse Regulation.
On 8 August 2026, the Enterprise Register registered the corresponding increase in INDEXO's share capital, by EUR 40,000, to EUR 10,561,531.
| Issuer | IPAS Indexo |
| Short name | IDX1R |
| ISIN | LV0000101863 |
| Nominal value per share | EUR 1.00 |
| Number of new shares | 40,000 |
| Subscription price per new share | EUR 10.00 |
| Aggregate subscription amount | EUR 400,000 |
| Share capital before the increase | EUR 10,521,531 |
| Share capital after the increase | EUR 10,561,531 |
| Total shares before the increase | 10,521,531 |
| Total shares after the increase | 10,561,531 |
| Registered | 8 August 2026 |
The new shares are ordinary dematerialised shares with a nominal value of EUR 1.00 each. They carry the same dividend entitlement and voting rights as the existing shares. However, the acquisition of the new shares by the Supervisory Board members is subject to special conditions approved by the resolution of the Extraordinary Shareholders’ Meeting of 1 July 2026. These are a three-year lock-up on the right to dispose of the shares, running from the date of the respective Supervisory Board member’s appointment, followed, upon expiry of the lock-up, by compensation to the Supervisory Board member for the restriction on the right of disposal, in an amount equal to 15% of the amount invested.
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 Banka, a bank licensed by the European Central Bank, serves more than 69 thousand customers with deposits exceeding EUR 155 million and a loan portfolio exceeding EUR 129 million. The Group reached profitability in the first quarter of 2026.
More information: https://indexo.lv/en/