How to Become Our Investor

A share is a security that represents a shareholder’s participation in the share capital of a company.

A securities account is a financial account to hold securities and to make payments when buying and selling securities. In order to participate in the APF IPO you need a securities account.
A securities account can be opened with any financial institution that is a member of Nasdaq Riga*

*Quite often the most convenient option is to open a securities account with a bank where you already have a cash account, e.g. the major Baltic banks: Swedbank, SEB, Citadele, Luminor, which are also members of Nasdaq Riga. 

Becoming an investor is easier than it might seem at first. We advise you to take a look at the infographic and, should you have any questions, to contact us by writing your question below. 

There is a possibility that you might not get some or all of the shares you subscribe for. This can happen if there is more demand for the shares than supply at the time of the IPO or if the IPO is cancelled for any reason. 

Once you have submitted your subscription application, indicating how many shares you wish to subscribe for, the relevant amount will be set aside in your account. A payment will be made after the allotment of shares, as the final number of shares you have been allotted will be known at that time. In the event that you have subscribed for more shares than you are allocated, any unused balance will transferred back to your account. 
*NB! Please note that, in addition to the cost of purchasing the shares, the financial institution you have chosen may charge fees for subscribing for shares, cancelling your application, etc.

To list securities on the stock exchange, a company must prepare a prospectus, which is approved by the Bank of Latvia. A prospectus is a document containing information necessary for an investor to make an informed assessment of the financial performance and prospects of the company (issuer), objectives of the share issue, risk factors, strategic objectives and other considerations that should be taken into account when acquiring shares in the company.