The Management Board of Aforti Holding S.A., headquartered in Warsaw, hereinafter referred to as the 'Company', 'Issuer' informs, that today it has received information from Aforti PLC, a subsidiary company based in the United Kingdom, that it has signed a conditional share purchase agreement with an EMI, an EU e-money institution licensed under applicable EU directives on payment services and e-money.
Upon fulfilment of the terms of the aforementioned EMI share purchase agreement, Aforti PLC will be entitled to acquire a controlling shareholding and commence operations of the company.
The acquisition of an EMI is part of Aforti Group's strategy to become a pan-European provider of comprehensive financial solutions for Small and Medium Enterprises. The Issuer will inform about further stages of the investment in subsequent current reports.
Legal basis: Article 17 paragraph 1 of the MAR - confidential information
Aforti Holding SA published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 17:25:00 UTC