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    AFH   PLMNTHL00016

AFORTI HOLDING S.A.

(AFH)
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Aforti S A : CR ESPI 5/2021 – Conclusion of a significant agreement by a subsidiary- Aforti PLC

01/27/2021 | 12:25pm EDT

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

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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


© Publicnow 2021
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Financials
Sales 2020
Net income 2020
Net Debt 2020
P/E ratio 2020
Yield 2020
Capitalization 60,6 M 15,9 M 16,0 M
EV / Sales 2020
EV / Sales 2021 0,15x
Nbr of Employees 56
Free-Float 2,64%
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Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts 1
Last Close Price 6,70 PLN
Average target price 12,00 PLN
Spread / Average Target 79,1%
Managers and Directors
NameTitle
Ludwik Sobolewski Member-Supervisory Board
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