FERRATUM OYJ: Stock Exchange Release

FERRATUM OYJ: Stock Exchange Release

ID: 535107

(Thomson Reuters ONE) -



Disclosure under Chapter 9, Section 10 of the Finnish Securities Markets Act

Helsinki, April 6, 2017 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
Ferratum Oyj ("Ferratum") received notifications in accordance with Chapter 9,
Section 5 of the Finnish Securities Markets Act from Jorma Jokela, European
Recruitment Company Oü and JT Capital Limited. Both European Recruitment Company
Oü and JT Capital Limited are entities wholly owned by Jorma Jokela.

The background for the notification is a structural change in the Ferratum Oyj
holdings of Jorma Jokela. The total number of shares and voting rights, directly
or indirectly held by Jorma Jokela is not affected.

According to the notifications, Jorma Jokela has on April 5, 2017 transferred
3,225,165 shares, which corresponds to 14.85 % of the shares and votes in
Ferratum, to European Recruitment Company Oü and 6,058,735 shares, which
corresponds to 27.89 % of the shares and votes in Ferratum, to JT Capital
Limited.

According to the notifications, the transfers have resulted in that Jorma Jokela
holds directly 300,000 shares, which corresponds to 1.38 % of the shares and
votes in Ferratum, while European Recruitment Company Oü and JT Capital Limited
each hold 6,058,735 shares, which corresponds to 27.89 % of the shares and votes
in Ferratum. As the two companies are wholly owned by Jorma Jokela, he holds a
total of 12,417,470 shares directly or indirectly, which corresponds to 57.16 %
which is equal to the shares and votes in Ferratum that Jorma Jokela held prior
to this structural change.

Jorma Jokela, European Recruitment Company Oü and JT Capital Limited have
informed Ferratum that they have been granted an exemption by the Finnish
Financial Supervisory Authority from obligations to make any mandatory bid for




all securities of Ferratum in relation to the transfers described above.





About Ferratum Group:
Ferratum is an international provider of consumer and small business loans,
distributed and managed by mobile devices.  Founded in 2005 and headquartered in
Helsinki, Finland, Ferratum is a pioneer in the fields of financial technology
and mobile lending and has expanded rapidly to operate in 23 countries.
Ferratum's customers utilize digital media to apply for consumer credit in
amounts varying between EUR 25 and EUR 5,000 and small businesses instalment
loans up to EUR 100,000 with a term of six to eighteen months.  Led by its
founder, Jorma Jokela, Ferratum has more than 1.6 million active and former
customers who have been granted one or more loans in the past (as at 31 December
2016).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under
symbol 'FRU.' For more information, visit www.ferratumgroup.com.



Contacts:

Ferratum Group  European media enquiries:
Dr. Clemens Krause, CFO  Edelman.ergo, A Daniel J Edelman Company
T: +49 30 88715308 Alexander Schmidt | Andreas Martin
F: +49 30 88715309 T: +49 69 27 13 89 26
E: clemens.krause(at)ferratum.com E: Alexander.Schmidt(at)edelmanergo.com
  E: Andreas.Martin(at)edelmanergo.com


Ferratum Group  UK media enquiries:
Paul Wasastjerna Smithfield, A Daniel J Edelman Company
Head of Investor Relations Alex Simmons | Brett Jacobs
T: +358 40 7248247 T: +44 20 7903 0669 | +44 20 7903 0675
F: +358 20 741 1614 E: asimmons(at)smithfieldgroup.com
E: paul.wasastjerna(at)ferratum.com E: bjacobs(at)smithfieldgroup.com







This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: FERRATUM OYJ via GlobeNewswire




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  FERRATUM OYJ: Notification of transactions in own shares Telenor to sell additional shares in VEON Ltd.
Bereitgestellt von Benutzer: hugin
Datum: 06.04.2017 - 21:55 Uhr
Sprache: Deutsch
News-ID 535107
Anzahl Zeichen: 4473

contact information:
Town:

Helsinki



Kategorie:

Business News



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