On September 28, 2021 AS DelfinGroup organized Investor Conference Webinar.

During the webinar, Didzis Ādmīdiņš, Chairman of the Management board and Kristaps Bergmanis, Member of the Management board, informed about the announced Initial Public Offering of shares.

The recording of the webinar is available online: https://bit.ly/39K6jC9 and the presentation, demonstrated during the webinar, is available in the attachment.

To watch the virtual IPO presentation, go to: https://www.delfingroup.lv/video/DelfinGroup_IPO_Presentation_en.mp4

AS DelfinGroup has previously announced the Initial Public Offering that will last from September 28, 2021 to October 11, 2021.

AS DelfinGroup thanks all participants for joining and encourages to follow further company announcements!

Given the company`s aim to attract the broadest possible investor base, a significant proportion of shares will be reserved for retail investors – up to 1000 shares each, and up to 500 guaranteed shares (at a price of EUR 1,52 per share) on top for those who subscribe in the first four days (until 1 October). This will ensure every Baltic retail investor the opportunity to subscribe to shares in the amount of EUR 760 - 2280. Investors may also subscribe to a larger number of shares. By initially subscribing to a larger number of shares, the possibility for receiving larger number of shares at allocation increases, because, if the demand for shares exceeds the number of offer shares, each retail investor will receive only a proportion of subscribed shares.

To subscribe for shares investors must submit a subscription undertaking to their bank. Subscription will be facilitated by the members of Nasdaq Riga: LHV Pank, Swedbank, SEB, Luminor Bank, Citadele, Rietumu Banka, BlueOrange, Signet Bank, Siauliu Bankas, Skandinaviska Enskilda Banken, Nordea Bank and others. Full list of Nasdaq Riga members is available on: https://nasdaqbaltic.com/statistics/lv/members.

AS DelfinGroup has submitted the application to be listed on Nasdaq Riga Baltic Main List and will be one of four Latvian and 33 Baltic companies to be traded on this list. LHV Bank and the law firm Eversheds Sutherland Bitāns are acting as AS DelfinGroup IPO advisors. AS DelfinGroup has also signed a contract with LHV bank to provide share liquidity.

About AS DelfinGroup

AS DelfinGroup is a licenced technology-based financial service company that was established in 2009 and operates under the brand names Banknote and VIZIA. The company continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), as well as sale of pre-owned goods both online and at more than 90 branches across Latvia. On average, 35,000 thousand loans are issued every month and serviced by the professional team of more than 250 AS DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, AS DelfinGroup has been known on the Nasdaq Riga as a bond issuer. The company regularly pays dividends to its shareholders. In 2020, the company's net loan portfolio grew to EUR 34.6 million, while its EBITDA reached EUR 9.3 million, with profits before income tax for dividends EUR 4.65 million. The company’s sustainability is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion and facilitating the circular economy. The company has been profitable every year since 2010.

For further information, please contact:
Kristaps Bergmanis,
AS DelfinGroup Management Board Membe
Tel: +371 26189988
WhatsApp: +371 26189988
E-mail: ipo@delfingroup.lv