LAU Infra Group Public Offering of Shares to Begin on June 10

The Bank of Latvia (Latvijas Banka) has approved the public offering prospectus of LAU Infra Group AS, and the subscription for the company’s shares within the framework of the initial public offering (IPO) will begin on June 10. 

The infrastructure construction and maintenance company LAU Infra Group AS will publicly offer up to 6,400,421 shares. After the IPO shares are planned to be listed on the Nasdaq Riga Baltic Main List. The price per share will be EUR 1.57. 

"This is a significant step in the company's development and, at the same time, an opportunity for everyone to become a part of the Latvian infrastructure development story. Over the past few years, we have purposefully strengthened the company's competitiveness, developed new business lines, and improved operational efficiency. The capital raised through the IPO will allow us to continue the company's development and strengthen our position in the infrastructure sector," states Vilnis Vitkovskis, Chairman of the Management Board of LAU Infra Group. 

According to current financial forecasts for 2026 and 2027, the company plans to implement a dividend-based shareholder return policy, which could provide investors participating in the IPO with an average annual dividend yield of 7% over the next two years. 

In recent years, the company has demonstrated steady growth. According to audited financial results, the company's turnover reached EUR 97.1 million in 2025, while profit increased by 6.5% compared to 2024, reaching EUR 7.4 million. LAU Infra Group's operations comprise road maintenance services, as well as construction and defense infrastructure projects. This provides investors with an opportunity to become co-owners of one of the region's leading infrastructure companies, while simultaneously investing in Baltic mobility and security. 

The offering will be available to retail investors in Latvia, Lithuania, and Estonia, as well as to qualified institutional investors in accordance with the terms set out in the ​​prospectus. It will consist of both new shares (funds for the company's development) and existing shares (funds channeled to the state budget). After the IPO, the Latvian state will retain strategic control and a majority stake in the company of at least 75.01%. 

Offering Schedule: 

Start of the offering period – June 10 

End of the offering period – June 19 

Announcement of the Offer and Allocation Results – around 26 June 2026 

Settlement of the Offer – around 30 June 2026 

First Trading Day on the Nasdaq Riga Baltic Official List – around 3 July 2026 

Further information regarding the initial public offering of shares, the procedure for purchasing shares, as well as other current news about the company is available on the website invest.lauinfra.com. 

This information has been prepared for informational purposes only and does not constitute an offer to purchase securities. Any investment decision should be made solely based on the prospectus approved by the Bank of Latvia.

About the company  

LAU Infra Group AS is an infrastructure construction and maintenance company in Latvia that ensures mobility and connectivity throughout the country. The company’s operations include road construction and maintenance, the implementation of defense infrastructure projects, and the production of mineral materials.