Regulatory Filings • Jun 15, 2018
Regulatory Filings
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Concluding a cooperation agreement by a subsidiary Aforti Factor SA withSIA ViVentor LLC
The Management Board of Aforti Holding S.A. with its registered officein Warsaw (hereinafter: "the Company", "the Issuer") hereby informs thatbecame aware that on 13th June 2018, Aforti Factor S.A. based in Warsaw(hereinafter: "Aforti Factor", "the Subsidiary") - a subsidiary of theCompany received mutually signed the cooperation agreement with acompany SIA ViVentor LLC based in Riga (Lithuania) (hereinafter:"ViVentor").
The subject of the agreement is an organization of financing related tothe financing of receivables purchased by Aforti Factor, which willallow to shorten the process of recovering funds as well as to moreefficient development of the Subsidiary.
ViVentor has been operating a peer-to-peer loan platform since October2015, connecting investors with lenders from the non-banking sector,enabling financing of loans for both private and institutionalinvestors. The Viventor platform is currently used by nearly 4,400investors from over 30 countries, mainly from Germany, the Scandinaviancountries, the Baltic States and Central Europe.
Establishing cooperation between the Issuer's Subsidiary and ViVentor isrelated with the implementation of the Aforti Group's developmentstrategy regarding the geographical expansion of its individual brandson foreign markets.
Legal basis: Article 17 paragraph 1 of the MAR - confidential information
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