IUTECREDIT FINANCE S.A.R.L. IuteCredit acquires additional 49.7% of Energbank shares - The objective is to achieve operational control
Transparency directive : regulatory news
14/02/2022 10:30
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DGAP-Ad-hoc: IuteCredit Finance S.à.r.l. / Key word(s): Acquisition
IuteCredit acquires additional 49.7% of Energbank shares - The objective is to achieve operational control
14-Feb-2022 / 10:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
IuteCredit acquires additional 49.7% of Energbank shares
The objective is to achieve operational control
Tallinn, Estonia, 14 February 2022. IuteCredit Europe ("ICE"), a leading European personal finance group, has acquired an additional 49.7% stake in Moldovan Energbank, corresponding to 994,645 shares, for a total purchase price of EUR 8.3 million on the stock market. As a result, IuteCredit now owns 59.7% of Energbank shares. IuteCredit plans to acquire maximum ownership of the bank by purchasing shares at market conditions.
Contact:
Kristel Kurvits, Group Chief Financial Officer (CFO)
Email: investor@iutecredit.com
Phone: +372 622 9177
14-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
IuteCredit Finance S.à.r.l. |
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14, rue Edward Steichen |
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2540 Luxembourg |
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Luxemburg |
| ISIN: |
XS2033386603, XS2378483494 |
| WKN: |
A2R5LG , A3KT6M |
| Listed: |
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: |
1280142 |
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| End of Announcement |
DGAP News Service |
1280142 14-Feb-2022 CET/CEST
