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SDR-update: Continued focus on profitable growth while awaiting regulatory clarity

PRESS RELEASEStockholm 20 December 2024 Hoist Finance has previously communicated that it intends to qualify as a Specialised Debt Restructurer (SDR) as per January 2025. The company has also informed that the Swedish Financial Supervisory Authority (SFSA) has sought guidance from the European Banking Authority (EBA) regarding the interpretation of two of the criteria that are required to be met to qualify as an SDR. Hoist Finance still intends to qualify as an SDR, however given the uncertain regulatory situation, the company will delay notifying the regulators. Awaiting regulatory

Hoist Finance successfully issues senior non-preferred bonds

PRESS RELEASEStockholm 29 November 2024   Hoist Finance AB (publ) has successfully issued SEK 700 million of senior non-preferred bonds with a tenor of 4.25 years. The bonds were issued under Hoist Finance's EMTN program and were priced at 3-months STIBOR +250 basis points.  "I am very pleased to announce Hoist Finance’s first broadly distributed issue of senior non-preferred bonds, which was met by strong demand from more than 20 Nordic investors. This is the first senior non-preferred bond issue by a Nordic non-SIFI bank. This issuance marks an important step for our

Update on SDR

PRESS RELEASEStockholm 15 November 2024 Hoist Finance was today informed by the Swedish Financial Supervisory Authority (SFSA) of the SFSA’s preliminary interpretation of certain of the criteria to qualify as a Specialised Debt Restructurer (SDR). The SFSA has submitted questions regarding the interpretation of these criteria to the European Banking Authority (EBA) for guidance. Hoist Finance has made a different interpretation than the SFSA’s preliminary assessment. Hoist Finance still intends to qualify as an SDR as per January 2025. Hoist Finance has previously disclosed that

Hoist Finance successfully issues SEK 750 million senior preferred bonds

Hoist Finance AB (publ) is pleased to announce the successful issuance of SEK 750 million of senior preferred bonds with a 4-year tenor. The bonds were issued under Hoist Finance’s EMTN program and were priced at 3-months STIBOR +178 basis points. The issuance follows a book building process that gathered combined demand of approximately SEK 2 billion.  “We are delighted to see that so many bond investors, new ones as well as names we know well from before, want to support us on our continued growth journey. This is the first issuance we do since Moody’s upgraded our rating and we see

Nomination Committee appointed for Hoist Finance’s Annual General Meeting 2025

PRESS RELEASE  Stockholm   29 October 2024 In accordance with Hoist Finance’s Nomination Committee instruction, the company’s Nomination Committee shall consist of four members. The members shall be one representative of each of the three largest shareholders in terms of voting rights, together with the chairman of the board in Hoist Finance. If a shareholder who is offered to serve on the Nomination Committee declines, the next largest shareholder in turn shall be offered the position. The members of the Nomination Committee have been appointed based on the ownership

Hoist Finance interim report Q3 2024

2024-10-25   "The third quarter was another strong quarter for Hoist Finance. We invested SEK 4.3 billion in new portfolios and activity remains high in all our markets. At the end of the third quarter, we had a portfolio book value of SEK 29.9 billion and we are well on track of reaching our ambition of SEK 36 billion in book value by the end of 2026", says Harry Vranjes, CEO of Hoist Finance. Key events in the third quarter 2024 · Profit before tax at SEK 369m, compared to SEK 282m for the same quarter last year. · Return on equity of 16.3 per cent, compared to 19.2 per

Invitation to Hoist Finance third quarter 2024 presentation

PRESS RELEASEStockholm 02 October 2024   Hoist Finance will publish its Q3 2024 report on 25 October 2024, at approximately 07:30 AM (CEST). A combined presentation and teleconference will be held at 09:30 AM (CEST) the same morning. Harry Vranjes, CEO, and Christian Wallentin, CFO, will present and comment on the report. If you wish to participate via webcast, please use the link below. You will be able to ask written questions via the webcast. https://ir.financialhearings.com/hoist-finance-q3-report-2024 If you wish to participate via teleconference, please register on

Repurchases of shares in Hoist Finance during week 39, 2024 – repurchase programme completed

PRESS RELEASEStockholm 30 September 2024   During the period 23 September – 27 September 2024, Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 39,500 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchase programme that was initiated on 25 July 2024 is hereby completed as a total of 1,330,369 shares have been repurchased for a total amount of SEK 99,992,719. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of

Repurchases of shares in Hoist Finance during week 38, 2024

PRESS RELEASEStockholm 23 September 2024   During the period 16 September 2024 – 20 September 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 82,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period

Hoist Finance successfully places SEK 1.25bn senior unsecured bonds in two tranches

PRESS RELEASEStockholm 17 September 2024   Hoist Finance AB (publ) is pleased to announce the successful dual tranche issuance of senior unsecured bonds, including SEK 750 million with a tenor of 3 years and SEK 500 million with a tenor of 5 years. The bonds, which are issued under Hoist Finance’s EMTN program, have been priced at 3-month STIBOR +195 basis points for the 3-year tenor - and 3-month STIBOR +230 basis points for the 5-year tenor.  The issuance follows a book building process that gathered combined demand of approximately SEK 2.5 billion, reflecting strong

Repurchases of shares in Hoist Finance during week 37, 2024

PRESS RELEASEStockholm 16 September 2024   During the period 09 September 2024 – 13 September 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 162,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the

Repurchases of shares in Hoist Finance during week 36, 2024

PRESS RELEASEStockholm 09 September 2024   During the period 02 September 2024 – 06 September 2024, Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 172,869 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the

Repurchases of shares in Hoist Finance during week 35, 2024

PRESS RELEASEStockholm 02 September 2024   During the period 26 August 2024 – 30 August 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 168,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period from

New number of shares and votes in Hoist Finance

PRESS RELEASEStockholm 30 August 2024   During August 2024, the number of shares and votes in Hoist Finance AB (publ) has increased as a result of the directed share issue resolved within the framework of the share investment program adopted by the annual general meeting held on 7 May 2024. A total of 1,551,997 shares were subscribed for and allotted in the new share issue, in accordance with the terms and conditions of the share investment program 2024. Complete terms and conditions for the share investment program 2024 is available on the company’s website. Today, 30 August

Repurchases of shares in Hoist Finance during week 34, 2024

PRESS RELEASEStockholm 26 August 2024   During the period 19 August 2024 – 23 August 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 172,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period from

Hoist Finance launches savings offering in Ireland and Austria

PRESS RELEASEStockholm 22 August 2024 Today, Hoist Finance launches a savings offering to the general public in Ireland and Austria under the HoistSpar brand. To date, HoistSpar has over 120,000 retail deposit customers in Germany, the Netherlands, Poland, Sweden, and the United Kingdom. By opening in Ireland and Austria as well, Hoist Finance diversifies its savings offering and further strengthens its access to funding. "The launch of our savings offering in Ireland and Austria is yet another step on our journey towards becoming the leading asset manager of NPLs in Europe. I'm

Hoist Finance has successfully issued bonds at a spread of 1,95%

PRESS RELEASEStockholm 21 August 2024   Hoist Finance AB (Hoist Finance) has successfully issued subsequent bonds to a nominal amount of SEK 200 million under its senior unsecured bond due 12 April 2027, bringing the total size of this bond to SEK 750 million. The bonds were issued at a price corresponding to a spread of STIBOR 3m+195 bps, marking yet another improvement to the terms of the original issue. "We are pleased to have completed this tap issue at such strong terms, showing great support from debt investors. Hoist Finance is on a journey to become the leading asset

Repurchases of shares in Hoist Finance during week 33, 2024

PRESS RELEASEStockholm 19 August 2024   During the period 12 August 2024 – 16 August 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 180,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period from

Invitation to Hoist Finance Capital Markets Update on 12 September 2024

Hoist Finance invites investors, analysts, and media to a Capital Markets Update on Thursday 12 September 2024 from 12:00-17:00 CET.Hoist Finance aims to become the leading asset manager of NPLs to individuals and small and medium-sized enterprises in Europe. CEO Harry Vranjes, alongside the Chairman of the Board and the Executive Management Team, invite to a Capital Markets Update where they will present Hoist Finance's business, strategic priorities, and status on financial targets - and outline what further opportunities the Company sees in the European NPL-market. Hoist Finance has

Repurchases of shares in Hoist Finance during week 32, 2024

PRESS RELEASEStockholm 12 August 2024   During the period 05 August 2024 – 09 August 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 183,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period from

Repurchases of shares in Hoist Finance during week 31, 2024

PRESS RELEASEStockholm 05 August 2024   During the period 29 July 2024 – 02 August 2024 Hoist Finance AB (publ) (LEI code: 549300NPK3FB2BEL4D08) (”Hoist Finance”) has repurchased in total 171,000 own shares (ISIN: SE0006887063), as part of the repurchase programme initiated by the Board of Directors. The repurchases form part of the repurchase programme of a maximum of 10 percent of the total number of shares in the company for a total amount of not more than SEK 100,000,000 that Hoist Finance announced on 25 July 2024. The repurchase programme runs during the period from and

Hoist Finance interim report Q2 2024

“Summarising all this activity during the quarter, we have delivered a profit before tax of SEK 383 million and a return on equity of 18 percent, or an underlying profit of SEK 323 million and a return on equity of 15 percent adjusted for positive and negative extraordinary effects. The whole organisation has executed on our strategy in a very impressive way", says Harry Vranjes, CEO of Hoist Finance.Key events in the second quarter 2024 · Profit before tax at SEK 383m, compared to SEK 178m in the same quarter a year ago. · Return on equity at 18 percent, compared to 10 percent in

Hoist Finance resolves on repurchase of own shares

The Board of Directors of Hoist Finance AB (publ) (”Hoist Finance”) has today, by virtue of the authorization granted by the Annual General Meeting held on 7 May 2024, resolved to repurchase own shares for a total amount of no more than SEK 100,000,000. The purpose of the repurchase program is to adjust the company’s capital structure and thereby contribute to creating increased value for Hoist Finance’s shareholders. The intention is that the shares to be repurchased shall be redeemed by resolutions at future general meetings. The repurchase program will be carried out in accordance

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