Ferratum Oyj: Ferratum Group: Dealings by CEO, Mr. Jorma Jokela

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DGAP-News: Ferratum Oyj / Schlagwort(e): Transaktion eigene Aktien
Ferratum Oyj: Ferratum Group: Dealings by CEO, Mr. Jorma Jokela

23.05.2017 / 16:45
Für den Inhalt der Mitteilung ist der Emittent verantwortlich.

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Ferratum Group: Dealings by CEO, Mr. Jorma Jokela

Helsinki, May 23, 2017 - Ferratum Oyj (ISIN: FI4000106299, WKN: A1W9NS)
("Ferratum") disclosed earlier today a manager's transaction notification to
the Finanssivalvonta, or the Financial Supervisory Authority (FIN-FSA).

Ferratum announces that its founder and CEO, Mr. Jorma Jokela, has agreed to
sell a total of 329,500 shares at a market price of 21.49 in Ferratum.
255,500 shares were sold to the J&W Global Fin-Tech Private Equity Fund (the
"Fund") managed by J&W Partners Co., Ltd ("J&W Partners") and 74,000 shares
to Danal Co., Ltd. ("Danal"). The shares were sold by European Recruitment
Company OÜ, an entity wholly owned by Mr. Jokela.

Following the transactions, Mr. Jokela will directly and indirectly hold
shares in Ferratum as follows:

    Name   Po-  Holding      % interest  Shares   Holding     % interest
           si-  prior to     prior to    sold     post        post
           ti-  transaction  transacti-           transacti-  transaction
           on                on                   on
    Jorma  CEO  12,417,470   57.16%      329,500  12,087,970  55.64%
    Joke-
    la
J&W Partners, a private equity firm based in Seoul, South Korea was
co-founded in 2014 by Mr. Christopher Wang, who joined the Board of
Directors of Ferratum on May 4, 2017. The firm's professionals have
particular interest and expertise in the financial sector (traditional and
fintech) with financial and business networks throughout the Asia-Pacific
region. Following the transaction, the Fund holds 373,817 shares,
representing 1.72% of the total issued share capital of Ferratum.

Danal was established in 1997 in South Korea and listed on the KOSDAQ Market
Division of the Korea Exchange in 2004. Danal first developed
"BilltoMobile", which provides carrier-integrated mobile commerce solutions
enabling the purchase of goods and services on PC, tablet, and mobile
devices. In 2006, Danal established its US subsidiary (Danal Inc.) in the
Silicon Valley, launching BilltoMobile services in the US with Verizon,
Sprint, and T-Mobile. Danal also has business operations in China, Taiwan,
Japan, and Europe. Following the transaction, Danal holds 74,100 shares,
representing 0.34% of the total issued share capital of Ferratum.

Jorma Jokela commented:

"We have already built a strong network of business in Europe by making
borrowing and mobile banking as easy and fast to use as possible. The Asian
banking market is also evolving rapidly and we see this market as one of the
most forward thinking and innovative digital consumer markets in the world.

We appreciate the growing international interest in Ferratum's equity story
and welcome the support of all new investors, particularly those in regions
of strategic importance to our long term ambitions."

About Ferratum Group:

Ferratum is an international provider of consumer and small business loans,
distributed and managed by mobile devices. Founded in 2005 and headquartered
in Helsinki, Finland, Ferratum is a pioneer in the fields of financial
technology and mobile lending and has expanded rapidly to operate in 24
countries. Ferratum's customers utilize digital media to apply for consumer
credit in amounts varying between EUR 25 and EUR 20,000 and small businesses
instalment loans up to EUR 100,000 with a term of six to twelve months. Led
by its founder, Jorma Jokela, Ferratum has more than 1.6 million active and
former customers who have been granted one or more loans in the past (as at
March 31, 2017).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange
under symbol 'FRU.' For more information, visit www.ferratumgroup.com.

Contacts:

   Ferratum Group Dr. Clemens          European media enquiries:
   Krause, CFO T: +49 172 1851355      Edelman.ergo, A Daniel J Edelman
   F: +49 30 88715309 E:               Company Alexander Schmidt | Andreas
   [1]clemens.krause@ferratum.com      Martin T: +49 69 27 13 89 26 E:
   1.                                  [1]Alexander.Schmidt@edelmanergo.co
   mailto:clemens.krause@ferratum.     m E:
   com                                 [2]Andreas.Martin@edelmanergo.com
                                       1.
                                       mailto:Alexander.Schmidt@edelmaner
                                       go.com 2.
                                       mailto:Andreas.Martin@edelmanergo.
                                       com
   Ferratum Group Paul Wasastjerna     UK media enquiries: Smithfield, A
   Head of Investor Relations T:       Daniel J Edelman Company Alex
   +358 40 7248247 F: +358 20 741      Simmons | Brett Jacobs T: +44 20
   1614 E:                             3047 2543 | +44 20 3047 2537 E:
   [1]paul.wasastjerna@ferratum.com    [1]asimmons@smithfieldgroup.com E:
   1.                                  [2]bjacobs@smithfieldgroup.com  1.
   mailto:paul.wasastjerna@ferra       mailto:asimmons@smithfieldgroup.com
   tum.com                             2.
                                       mailto:bjacobs@smithfieldgroup.com


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23.05.2017 Veröffentlichung einer Corporate News/Finanznachricht,
übermittelt durch DGAP - ein Service der EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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   Sprache:        Deutsch
   Unternehmen:    Ferratum Oyj
                   Ratamestarinkatu 11 A
                   00520 Helsinki
                   Finnland
   Internet:       https://www.ferratumgroup.com
   ISIN:           FI4000106299
   WKN:            A1W9NS
   Börsen:         Regulierter Markt in Frankfurt (Prime Standard);
                   Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
                   München, Stuttgart, Tradegate Exchange



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