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IuteCredit Finance S.à.r.l.

ISIN: XS2033386603

WKN:

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IuteCredit Finance S.à.r.l. · ISIN: XS2033386603 · Newswire (adhoc)

Country: Luxemburg · Primary market: Luxemburg · EQS NID: 1280142

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14 February 2022 10:30AM

IuteCredit acquires additional 49.7% of Energbank shares - The objective is to achieve operational control

DGAP-Ad-hoc: IuteCredit Finance S.à.r.l. / Key word(s): Acquisition
IuteCredit acquires additional 49.7% of Energbank shares - The objective is to achieve operational control

14-Feb-2022 / 10:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

IuteCredit acquires additional 49.7% of Energbank shares
The objective is to achieve operational control

Tallinn, Estonia, 14 February 2022. IuteCredit Europe ("ICE"), a leading European personal finance group, has acquired an additional 49.7% stake in Moldovan Energbank, corresponding to 994,645 shares, for a total purchase price of EUR 8.3 million on the stock market. As a result, IuteCredit now owns 59.7% of Energbank shares. IuteCredit plans to acquire maximum ownership of the bank by purchasing shares at market conditions.

Contact:

Kristel Kurvits, Group Chief Financial Officer (CFO)
Email: investor@iutecredit.com
Phone: +372 622 9177

14-Feb-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	IuteCredit Finance S.à.r.l.
	14, rue Edward Steichen
	2540 Luxembourg
	Luxemburg
ISIN:	XS2033386603, XS2378483494
WKN:	A2R5LG , A3KT6M
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1280142


End of Announcement	DGAP News Service

1280142 14-Feb-2022 CET/CEST

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IuteCredit acquires additional 49.7% of Energbank shares - The objective is to achieve operational control

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