Share Issue/Capital Change • Jun 28, 2018
Share Issue/Capital Change
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SIA ExpressCredit sell shares in subsidiary
As of June 27, 2018, there are registered sale of shares of SIA ExpressCredit subsidiary Cash Advance Bulgaria EOOD. The share of SIA ExpressCredit in the subsidiary has decreased from 100% to 0%. Cash Advance Bulgaria EOOD shares were disposed of at a nominal share capital plus premium of 10%.
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SIA ExpressCredit is a licensed consumer lending company founded in 2009. The Group is represented by the brands "Banknote", "VIZIA" and "Riga City Pawnshop". The Group's core services are consumer loans, distance loans, pawn broking loans and money transfers in partnership with Western Union. In total, the Group operates in 39 Latvian cities and populated areas, a total of 86 branches, employs more than 250 professionals and has paid 2.4 million euros in taxes for the year 2017. SIA ExpressCredit is a member of LAFPA and LTRK.
Kristaps Bergmanis
Phone: +371 29144168
Fax: +371 67809194
E-mail address: [email protected]
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