FERRATUM OYJ: Dorval increases shareholding beyond 5%
(Thomson Reuters ONE) -
Helsinki, June 1, 2017 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
("Ferratum") disclosed earlier today a notification that Dorval Asset Management
("Dorval") now holds 1,105,012 shares in Ferratum, representing 5.09% of the
total issued share capital of Ferratum.
Dorval is an asset management company authorised by the AMF (French securities
regulator) since 1993. Dorval takes a conviction-driven investment approach
focusing on long term performance and capital preservation, characterised by
active management strategies which are not benchmark-driven.
Jorma Jokela commented:
"Dorval Asset Management has been steadily growing its investment in Ferratum
across a number of funds and we are pleased that Dorval continues to invest with
confidence in our growth strategy and future potential."
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 24 countries.
Ferratum's customers utilize digital media to apply for consumer credit in
amounts varying between EUR 25 and EUR 20,000 and small businesses instalment
loans up to EUR 100,000 with a term of six to twelve 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 March
31, 2017).
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 3047 2543 | +44 20 3047 2537
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
Unternehmensinformation / Kurzprofil:
Datum: 01.06.2017 - 18:35 Uhr
Sprache: Deutsch
News-ID 545905
Anzahl Zeichen: 3297
contact information:
Town:
Helsinki
Kategorie:
Business News
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"FERRATUM OYJ: Dorval increases shareholding beyond 5%"
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