The Management Board of Aforti Holding S.A., headquartered in Warsaw (hereinafter: “the Company”, “the Issuer”) informs that on September 20, 2022, it decided to postpone further activities related to the implementation of the Issuer’s strategy in the area of asset management business development to 2023. The decision was made after the Issuer analyzed its organizational capabilities and prospects for further development of the Issuer’s Capital Group, particularly those resulting from the active development of the EMI project, as well as the dynamic development of activities in the area of debt collection and foreign exchange.
The organizational, technological, and legal solutions held by the Issuer’s Capital Group, including the obtained notification allowing for cross-border operations in all 29 countries of the European Economic Area (about which the Issuer informed in the current report ESPI No. 64/2021 of December 23, 2021) enable the development of activities currency exchange platforms and the EMI project, providing services to small and medium-sized enterprises. The decision to postpone activities related to the development of the asset management area to the next year is also a result of the great interest of potential clients in the debt collection and currency exchange offer. In order to optimally use its resources, the Issuer made the above decision, which will allow it to focus on the development of services currently offered by the Issuer’s Capital Group. The purpose of such activities is to rapidly increase the scale of business conducted by the Issuer’s subsidiaries in the markets of factoring, debt collection, currency exchange, and the EMI project.
In connection with the above, the Issuer will immediately proceed to renegotiate the agreements concluded with Alpine Limited related to the purchase of shares in Mori Capital Management Limited, that the Issuer informed in the current report ESPI No. 20/2022.
The Issuer will inform about further stages of strategy implementation in relevant current reports.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information