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    AFH   PLMNTHL00016

AFORTI HOLDING S.A.

(AFH)
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Aforti S A : EMI License

01/27/2021 | 01:54pm EDT

We are pleased to announce that today we have been notified by our subsidiary from Great Britain - AFORTI PLC - that it has signed a conditional share purchase agreement in an EU company, which obtained the electronic money institution license 'EMI', under respective European Union directives.

The indicated license enables the provision of payment services and the issuing and storage of electronic money.

Upon fulfilment of the conditions of the aforementioned EMI share purchase agreement, AFORTI PLC will be entitled to acquire a controlling shareholding and to commence its operational activities. At the same time, the process of AFORTI PLC listing on the London Stock Exchange will begin.

The acquisition of EMI is in line with the strategy of the AFORTI Group, which aims to become a pan-European supplier of comprehensive financial solutions for Small and Medium Enterprises.

The Management Board of AFORTI Holding S.A. will keep you informed about the next stages of the investment.

Disclaimer

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 18:53:07 UTC


© Publicnow 2021
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Financials
Sales 2020
Net income 2020
Net Debt 2020
P/E ratio 2020
Yield 2020
Capitalization 62,2 M 16,4 M 16,4 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
Average target price 12,00 PLN
Last Close Price 6,88 PLN
Spread / Highest target 74,4%
Spread / Average Target 74,4%
Spread / Lowest Target 74,4%
Managers and Directors
NameTitle
Ludwik Sobolewski Member-Supervisory Board
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