Nasdaq Welcomes Civinity to the Regulated Market

24.07.2025 RIG, TLN, VLN

Vilnius/Tallinn/Riga, Nasdaq Baltic Market, July 24, 2025 – Nasdaq (NDAQ) announces that as of July 24, the Nasdaq Vilnius Stock Exchange has admitted Civinity bonds to trading on the Nasdaq Baltic regulated market.

Through a public bond offering in Lithuania, Civinity raised EUR 10.35 million. This is the first tranche of a bond program worth up to EUR 50 million. Each bond has a nominal value of EUR 1,000. The annual interest rate is 10%, paid semi-annually. The bonds have a 4-year maturity, with a redemption date set for July 17, 2029.

The newly raised funds will primarily be used to refinance the EUR 8 million bond issue from 2023. The remaining amount and future investments will be allocated to acquisition transactions. Previous investors had the opportunity to exchange their existing bonds for the new issue.

“Civinity is a mature, strategically growing company that has already proven its ability to operate internationally. Now, by joining the Nasdaq Vilnius regulated market, Civinity opens the door to a broader investor base and contributes to building a more transparent, active, and reliable market,” said Gediminas Varnas, President of Nasdaq Vilnius.

“Until now, Civinity’s bonds were listed on Nasdaq First North – an important step that allowed us to enter the public capital market and build relationships with investors. Now we are moving forward – the inclusion of our bonds in the Nasdaq Baltic regulated market signifies even higher standards of transparency and accountability, and a strong commitment to our long-term growth strategy,” said Deividas Jacka, Chairman of the Board at Civinity.

About Civinity

Civinity is an urban lifestyle company that unites businesses providing building maintenance services and developing engineering and technological solutions in the Baltic States and the United Kingdom. The group comprises more than 30 companies employing over 1,600 people. In 2024, Civinity reported revenues of EUR 88.5 million and a Pro Forma EBITDA of EUR 7.4 million. More information is available here.

About Nasdaq

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Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com