Collector’s CFO to vacate position in the autumn of 2017

Gothenburg, Sweden – Collector AB (publ) (Nasdaq Stockholm: COLL). Pia-Lena Olofsson will be leaving her position as CFO at Collector AB (publ) for a new position outside Collector.

“For six years, Pia-Lena held various positions at Collector and she has been the company’s CFO since 2014. She has successfully built up a stable finance function that has been effective in coping problem-free with Collector’s continuous growth.” Lena Apler, Founder and Acting CEO, Collector

“It has been a privilege to be part of, and to contribute to, a unique journey in growth at Collector, alongside Lena and other employees. I now look forward to applying my experience to a new exciting challenge.” Pia-Lena Olofsson, CFO, Collector

The recruitment of a new CFO for Collector is in progress and is expected to be completed in the near future.

For further information, please contact:
Lena Apler, Founder and Acting CEO, Collector, Phone +46 70-525 65 80, email at lena.apler@collectorbank.se
Pia-Lena Olofsson, CFO & Head of IR Collector, Phone +46 70-858 04 53, e-mail at pia-lena.olofsson@collectorbank.se
Åsa Hillsten, CCO & IR, Collector, Phone +46 70-081 81 17, e-mail at asa.hillsten@collectorbank.se

This information is such information that Collector AB is obliged to publish under the EU Market Abuse Regulation and the Securities Market Act. The information was issued for publication by the above contact persons on 10 August 2017 at 08.15 a.m. CET.

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About Us

Collector is an innovative, digital, niche bank that offers financing solutions to private and corporate customers. Since 2005, Collector has had annual organic revenue growth of 30% and profit growth (EAT) of 55%. Operations are comprised of the Retail and Corporate segments. Within the Retail segment, the Company is engaged in lending to private individuals, invoice and payments by installments to e-commerce and retail companies, credit card services and deposits. The Corporate segment includes factoring and company credits directed mainly at small and medium-sized enterprises, property finance, debt collection on behalf of clients (assignment debt collection) and the acquisition of portfolios of overdue receivables. The Company has offices in Gothenburg (the head office), Stockholm, Helsinki and Oslo. The Group is comprised of the Parent Company, Collector AB (publ); the wholly-owned subsidiary, Collector Bank AB, in which the main operations are conducted; and Colligent Inkasso AB Colligent Inkasso AS, which are active in commissioned services and debt collection. Collector is listed on the Nasdaq Stockholm Large Cap list.