The Management Board of Aforti Holding S.A. with its registered office in Warsaw, hereinafter referred to as the „Company”, „Issuer”, in reference to the ESPI current report 63/2021 dated 23 December 2021, announces that it has today received information from Aforti PLC, a subsidiary based in the United Kingdom, regarding an EU electronic money institution licensed under the applicable EU directives on payment services and electronic money („EMI”), regarding the submission today of an application to the Central Bank of Cyprus to passport the EMI license to the rest of the European Union.
The passporting of the EMI licencse will allow, in line with the Aforti Group’s strategy, to develop its activities in 11 East-Central European countries offering services such as currency exchange, factoring, multi-currency accounts, and currency transfers.
The acquisition of EMI is part of the Aforti Group’s strategy to become a pan-European provider of comprehensive financial solutions for Small and Medium Enterprises. The Issuer will inform about further stages of the investment in subsequent current reports.
Legal basis: Article 17 paragraph 1 of the MAR – confidential information