DDM brings in new partner in Greek investment

DDM Holding AG (First North: DDM) brings in a new partner and co-investor into its Greek Non-Performing Loans (NPL) portfolio which was acquired by DDM in August 2017. This allows DDM to partner up with a strong global investment manager and puts DDM in a very good position to continue to expand on the large Greek NPL market. The transaction is expected to close shortly.

The transaction will result in that DDM’s investment decreases by EUR 15 million to EUR 35 million and will re-balance DDM’s portfolio bringing the Greek share of the total NPL portfolio to about 32% of the book value.

Kent Hansson, Chairman of DDM Holding AG stated: ”We welcome this transaction which underpins our strategic focus on Greece and will allow us and our partners to further expand and diversify our portfolio of distressed assets in the Greek market.”

This is information which DDM Holding AG is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 08:00 CET on 6 November 2017.

For more information, please visit DDM’s website at www.ddm-group.ch or contact:

Mats Hedberg, Investor Relations Manager
Mail: investor@ddm-group.ch | Tel: +46 70 730 81 27

DDM Holding AG (Nasdaq First North, Stockholm: DDM) is a  multinational investor in  and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 3.5 billion. DDM Debt AB  (publ) (Nasdaq Stockholm: DDM2) is a   wholly owned subsidiary of DDM Holding AG. Erik Penser Bank is DDM Holding AG’s Certified Adviser.

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About Us

DDM Holding AG (First North: DDM) is a multinational investor in and manager of distressed assets, offering the prospect of attractive returns from the expanding Southern, Central and Eastern Europe market. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 3.5 billion. For sellers (banks and financial institutions), management of portfolios of distressed assets is a sensitive issue as it concerns the relationship with their customers. For these sellers, it is therefore critical that the acquirer handles the underlying individual debtors professionally, ethically and with respect. DDM has longstanding relations with sellers of distressed assets, based on trust and the Company’s status as a credible acquirer. The banking sector in Southern, Central and Eastern Europe is subject to increasingly stricter capital ratio requirements resulting in distressed assets being more expensive for banks to keep on their balance sheets. As a result, banks are increasingly looking to divest portfolios of distressed and other non-core assets. DDM Holding AG, the Parent Company, is a company incorporated and domiciled in Baar, Switzerland and listed on Nasdaq First North in Stockholm, Sweden, since August 2014.