DDM makes significant loan repayments of approximately EUR 4.4M

DDM Holding AG (First North: DDM), a specialist investor in and manager of non-performing loans and distressed assets, announces that it has made significant loan repayments of approximately EUR 4.4M since the end of the third quarter of 2016.

The loan repayments related to the EUR 11M bond issued by DDM Debt AB in July 2016 and follow continued strong performance by the recently acquired Slovenian portfolio. These repayments were in addition to the almost EUR 3M of repayments made on the EUR 11M bond during the third quarter of 2016, resulting in an outstanding principal bond value of approximately EUR 3.7M as of today. The loan repayments were financed using cash on hand. 

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 18:00 p.m. CET on 3 January 2017.

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

Hans Uhrus, Investor Relations Manager
Mail: investor@ddm-group.ch | Tel:  +46 8 4080 9030

DDM Holding AG (Nasdaq First North Stockholm: DDM) is a key acquirer and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Eastern Europe, currently managing 2.3 million receivables with a nominal value of over EUR 2 billion. DDM Treasury Sweden AB (publ) (NGM: DDM1) is a subsidiary wholly owned by 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, and has acquired 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.