Find out why buying INDEXO shares is a good idea and how you can become a shareholder!
The money raised with the IPO will be used to establish a customer-focused bank that will offer better financial services to Latvian households and businesses in addition to the pension management services currently offered by INDEXO.
Important! The bank (credit institution) license is subject to authorization granted by the European Central Bank based on the proposal by the Financial and Capital Market Commission (FCMC).
June 26 11:59 p.m
Last opportunity to become an INDEXO 3rd Pension Pillar Customer who will receive first priority in the allocation of shares.
June 28 10:00 a.m.
Subscription to INDEXO shares begins.
June 29 11:00 a.m.
The “INDEXO Goes Public” seminar (in Latvian)
July 11 12:00 p.m.*
Subscription to INDEXO shares ends.
*According to INDEXO IPO prospectus, the IPO will officially close at 15:30 on 11 July. Given that the time of accepting subscription applications may vary depending on the investor’s bank, INDEXO advises investors to submit their subscription applications by 12:00 on 11 July.
Read the INDEXO IPO management presentation slides and find out our future plans, financial forecasts and why and how to become an INDEXO shareholder.
You can subscribe for INDEXO IPO shares in the period from June 28 at 10:00 to July 11 12:00.
The minimum purchase amount of shares is 1 share.
The price of one share is 14 EUR.
Click on the "Read more" button and learn how to open a securities account and subscribe to INDEXO shares!
Before investing in the shares offered by INDEXO, carefully read the prospectus to find out about possible risks and gains.
Estonian investment research company ENLIGHT Research said in its assessment that over four years INDEXO has managed to capture about 9% of Latvia’s pension management market and at present the company is in a good position to challenge the commercial banking market.
There is no maximum amount for which investors will be able to purchase INDEXO IPO shares, but the INDEXO IPO share allocation policy provides for up to 100 guaranteed shares under the Private Offering, giving priority to INDEXO 3rd pillar customers.
In case the demand of private investors exceeds the amount of the Retail Offering of INDEXO IPO shares, INDEXO reserves the right to reduce the number of guaranteed shares at its own discretion.
According to INDEXO IPO prospectus, the IPO will officially close at 3:30 p.m. on 11 July. Given that the time of accepting subscription applications may vary depending on the investor’s bank, INDEXO advises investors to submit their subscription applications by 12:00 p.m. on 11 July.
If the demand for the IPO shares exceeds the number of available shares, strong preference will be given to INDEXO 3rd Pension Pillar Customers.
Before making a decision to buy IPO shares, please carefully read the IPO prospectus. The prospectus is available HERE
A person who has signed an individual membership agreement with the INDEXO Open Pension Fund, accepting its terms and conditions on the mans.indexo.lv portal, and has received a notice about the conclusion of a membership agreement to the specified e-mail address by June 26, 2022, will be considered as INDEXO 3rd pillar customer.
If the demand exceeds the available shares, the shares will be allocated in accordance with allocation rules described in the IPO Prospectus.
The key principles of the INDEXO Dividend Policy can be found in Section 6 "Dividend Rights and Dividend Policy" of the IPO Prospectus.