The new prospectus has been drawn up after the previous one expired; the programme terms remain unchanged.
„We need to plan the acquisition financing in advance, while still negotiating to acquire a particular business. The ongoing bond programme is part of this preparation. Our direction remains the same – we are looking for companies to complement the group and for opportunities to grow in other markets. The deals we have already completed have given us more experience of operating beyond the Baltic states, where we see scope for further expansion,“ says Deividas Jacka, founder and chairman of the board at Civinity.
Bonds worth EUR 23.35 million have already been issued under the programme
To date, Civinity has issued bonds with a nominal value of EUR 23.35 million under the same programme. The first tranche, worth EUR 10.35 million, was issued in July 2025, and a further EUR 13 million in nominal value was issued in June 2026.
In the June placement, the company raised EUR 13.54 million by issuing bonds with a nominal value of EUR 13 million. This was the largest amount raised in a single placement in the group’s history. A total of 613 investors from Lithuania, Latvia and Estonia took part, with retail investors accounting for approximately half of the funds raised.
The new prospectus covers the remaining portion of the programme, up to a nominal value of EUR 26.65 million. This announcement does not launch a new bond offering. The company will provide separate updates on future offerings and their terms.
Acquisitions have expanded the group’s operations
This year, Civinity completed the acquisition of the Croatian lift group Metus and expanded its operations in Croatia and Slovenia. Metus manufactures lifts, installs new equipment, and provides maintenance and modernisation services. In Vilnius, Civinity, together with Sail Invest, acquired the property management company Admeo.
These acquisitions are reflected in the group’s financial indicators. As at 30 June 2026, the pro forma revenue base for the last 12 months stood at EUR 121.3 million, up 31.4 per cent from a year ago. The corresponding 12-month pro forma EBITDA amounted to EUR 9.7 million, up 27.7 per cent. The acquisition of Metus had the greatest impact: these figures include the full results of the acquired business.
The separately reported actual results for the first half of the year cover January to June 2026. During this period, Civinity’s revenue grew 14.9 per cent to EUR 52.9 million, and EBITDA rose 22.6 per cent to EUR 5.1 million.
About the Civinity group
Civinity brings together businesses specialising in maintaining residential and commercial buildings, as well as engineering and digital services. The group operates in Lithuania, Latvia, the United Kingdom and markets in Southern Europe, including Croatia and Slovenia.
Important information for investors
This announcement does not constitute an offer of, or a solicitation to purchase, securities. Information about the company, the bonds and their admission to trading is set out in the prospectus, which is available in the ‘Investors’ section of the Civinity website and on the Nasdaq Baltic website.
Approval by the Bank of Lithuania should not be regarded as an endorsement of the bonds’ quality. Before making an investment decision, it is recommended that you read the prospectus and assess the risks and potential returns associated with the investment as described therein.
This announcement is not intended for distribution in the United States of America or in any other jurisdiction where such distribution would be unlawful. The securities referred to herein have not been and will not be registered under the US Securities Act of 1933 and may not be offered or sold in the US without registration or an applicable exemption from registration requirements. There will be no public offering of these securities in the US.