The sign-up period will run from 4 June to 17 June.

The last day for submitting bond purchase orders may vary from bank to bank, so please do not postpone your subscription until the last minute.

OC VISION bond issue is open to any retail or professional investor who has opened a securities or investment account at a Baltic commercial bank or financial institution. This type of financial accounts are designed for holding securities and making payments when buying and selling securities. Often the most convenient option is to open a securities or investment account with a bank which is used for daily banking.

Investors will be able to purchase up to 100,000 OC VISION bonds with a total nominal value of €10 million and a nominal value of €100 per bond.

The price of each bond is €100, corresponding to 100% of the nominal (face) value of the bond. The minimum investment amount per investor is 1 bond or €100 with an annual interest rate of 6% and a maturity of 4 years.

Under its bond program, OC VISION offers a fixed bond interest rate of 6% per annum, with coupon (interest) payments made quarterly to investors. At the end of the bond’s maturity period, the company is also obligated to repay the investor the original principal amount of the investment.

Yes, the OC VISION bond issue will be secured with pledges on the assets of OC VISION and its subsidiaries in Latvia and Lithuania.

The prospectus of OC VISION approved by the Bank of Latvia can be found HERE.

Investors are invited to carefully review the risks related to OC VISION bonds in the prospectus, which is available HERE.

The proceeds from the bond issue will support expanded access to healthcare services and regional growth — including store modernisation and the development of new, specialised concepts for vision and hearing examination rooms. Key priorities for the Group include advancing myopia control programmes for children and enhancing vision quality for clients aged 40 and above, using the latest in spectacle and contact lens technology. The company also maintains strong ambitions for continued M&A activity across the region to consolidate and strengthen its market leadership.

More detailed information on the use of the funding is available in the OC VISION prospectus.

Investors who contribute more than €500 in the initial bond offering will be invited to join the exclusive OC VISION Investor Loyalty Program, which offers benefits across three tiers based on the investment amount: VISIONARY Bronze, VISIONARY Silver, and VISIONARY Gold.

More detailed information is available on the company’s website in the section Investor Loyalty Programme

The minimum investment amount is 1 bond or €100 for one investor.

Once the decision to invest in the bonds has been taken, a subscription (purchase) order must be submitted to your bank. If you do not have an investment or securities account, you have to contact your bank to open one.

This type of account is used for holding securities and making payments related to the buying and selling of financial instruments. The most convenient option is often to open a securities or investment account with the same bank where you already hold a current (settlement) account.

The subscription process may vary slightly among banks. Visit your bank’s website, navigate to the investment section, and explore the available options. Some banks may require manual subscription, either through a phone call or by completing a written request.

The main difference between accounts lies in taxation for Latvian residents. If you purchase bonds from an investment account, you’ll only incur personal income tax when you withdraw more than your initial investment. In contrast, if you buy bonds as an individual through your own securities account, the issuer is required to withhold personal income tax at the time of withdrawal, resulting in a reduced payment to your account after tax.

Tax withholding is determined by the regulations of the country where the issuer is located, in this case, Latvia.

For Latvian residents, no tax is withheld if the individual holds the securities in an investment account. Otherwise, there will be personal income tax withheld in the amount of 25.5% if the annual amount does not exceed € 200,000. No tax is withheld from non-resident individuals (for example, for Lithuanian and Estonian citizens) or legal entities.

1991. Operating since 1991, OC VISION is a major player in the optical market, operating 77 retail locations in Latvia and Lithuania through brands such as Vision Express, OptiO, and VIZIONETTE. The Group is also expanding its e-commerce footprint through Dr. Lensor, active across the Baltics and now growing in Northern Europe. Additionally, Opptica serves as a reliable wholesale and service partner for optical goods and ophthalmic equipment, supporting eye care and medical professionals throughout the region.

OC VISION’s ambition is to lead the development of vision and hearing care in the Baltics by introducing the latest technological innovations and creating opportunities for top industry professionals. To date, the company has invested over €11 million in diagnostic facilities and advanced technologies to support vision and hearing health—and remains committed to continued investment in this promising field.

2024. In 2024, OC VISION recorded 10% revenue growth year-on-year, reaching a record €36 million. EBITDA rose to €2.2 million, reflecting 38% growth compared to the previous year.

A detailed financial report can be found in the OC VISION prospectus.

It is projected that by 2029, nearly 56% of the Baltic population will require vision correction. At the same time, demand for hearing care is rising rapidly. These trends indicate a clear need to expand service accessibility, improve early diagnostics, and strengthen preventive care across the region.

Investors can find the latest information on OC VISION news, including the results of the bond issue, in the investor section of the OC VISION website: https://ocvision.eu/en/investors/