{"id":46963,"date":"2025-12-10T09:34:45","date_gmt":"2025-12-10T07:34:45","guid":{"rendered":"https:\/\/indexo.lv\/?post_type=zinas&#038;p=46963"},"modified":"2025-12-10T09:34:56","modified_gmt":"2025-12-10T07:34:56","slug":"indexo-will-acquire-more-than-67-of-delfingroup-shares","status":"publish","type":"zinas","link":"https:\/\/indexo.lv\/en\/zinas\/indexo-will-acquire-more-than-67-of-delfingroup-shares\/","title":{"rendered":"INDEXO will acquire more than 67% of DelfinGroup shares"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><strong>As a result of the voluntary share buyback offer, IPAS INDEXO will acquire 30\u202f643\u202f883 DelfinGroup shares, representing 67.42% of all voting share capital of DelfinGroup. Through the share exchange, INDEXO will obtain 28\u202f207\u202f565 DelfinGroup shares, or 62.06% of the company\u2019s capital, while the share purchase will provide an additional 2\u202f436\u202f318 DelfinGroup shares, or 5.36% of the capital.<\/strong><\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Within the framework of the voluntary share buyback offer, DelfinGroup shareholders were offered the possibility to exchange DelfinGroup shares for newly issued INDEXO shares at a ratio of one INDEXO share for 7.3 DelfinGroup shares, or to sell their DelfinGroup shares at a price of EUR 1.30 per share. The voluntary share buyback offer took place from 24 November to 8 December 2025.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe have successfully concluded this unique transaction in the Latvian capital market and achieved our objective \u2013 to obtain a majority stake in DelfinGroup\u2019s capital, which will allow us to build a significant local financial services group and realize the complementary synergies of both companies. As planned, both companies will continue to operate separately but will cooperate closely to provide Latvian residents with convenient and modern financial solutions \u2013 from payments and consumer financing to mortgage loans and pensions. Legally, DelfinGroup will become a subsidiary of INDEXO and part of the INDEXO Group, and our goal going forward is to maximise the value of both companies for all our shareholders,\u201d says <strong>Henrik Karmo, Chairman of the Management Board of IPAS INDEXO and one of INDEXO\u2019s co-founders.<\/strong><\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The planned settlement date for the share buyback offer is 15 December 2025.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Immediately after the settlement of the voluntary share buyback offer, INDEXO will promptly submit an application to the Bank of Latvia requesting permission to launch a mandatory share buyback offer for the remaining DelfinGroup shares held by other shareholders. INDEXO intends to offer DelfinGroup shareholders the opportunity to sell or exchange their shares under the same terms as those applied in the voluntary share buyback offer.<\/p>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/indexo.lv\/wp-content\/uploads\/2025\/12\/INDEXO_pazinojums_par_DelfinGroup_brivpratiga_akciju_atpirksanas_piedavajuma_rezultatiem.pdf\">INDEXO announcement on the results of the DelfinGroup voluntary share buyback offer<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a result of the voluntary share buyback offer, IPAS INDEXO will acquire 30\u202f643\u202f883 DelfinGroup shares, representing 67.42% of all voting share capital of DelfinGroup. Through the share exchange, INDEXO will obtain 28\u202f207\u202f565 DelfinGroup shares, or 62.06% of the company\u2019s capital, while the share purchase will provide an additional 2\u202f436\u202f318 DelfinGroup shares, or 5.36% of [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":26671,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-46963","zinas","type-zinas","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas\/46963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/zinas"}],"about":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/types\/zinas"}],"author":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/comments?post=46963"}],"wp:attachment":[{"href":"https:\/\/indexo.lv\/en\/wp-json\/wp\/v2\/media?parent=46963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}