23 Nov 2023

DDM Debt AB (Nasdaq Stockholm: DDM Debt 2026) announces that its 75.2% owned subsidiary AxFina has acquired 100% of the share capital of E-Kancelaria, a Polish loan servicing and debt collection company headquartered in Wrocław for EUR 2.3m. E-Kancelaria provides leading solutions in the field of debt collection, portfolio investments and legal advisory. E-Kancelaria prides itself on its unconventional and effective approaches. The acquisition is expected to increase NPL portfolios by about EUR 5m.


Johannes Wolfslehner, the CEO of AxFina comments: "The acquisition of E-Kancelaria is a strategic milestone in AxFina's ambition to become the leading technology powered asset and loan servicer in Central and Eastern Europe. By acquiring E-Kancelaria, AxFina will further strengthen its market reach and operational scale in the Polish market."

This information was submitted for publication, through the agency of the contact person set out below, on 23 November 2023 at 17:00 CET.

For more information, please contact:

Razvan Munteanu, Chief Executive Officer
Tel: +41 41 766 1420

Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17

Mail: investor@ddm-group.ch

DDM Debt AB (publ)(Nasdaq Stockholm: DDM Debt 2026) is part of the DDM Group,a specialized multinational investor in situations arising out of the general strategic challenges in the European banking markets. This includes investments into assets and companies previously held by financial institutions, including performing and non-performing loans and special situations. DDM strives to create value for its stakeholders by combining significant expertise in financial services, credit underwriting and technology with a focus on operational excellence.

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DDM Holding AG published this content on 23 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2023 16:15:08 UTC.