RA EBI 15/2020 – Cumpărați din obligațiunile din seria P13

The Management Board of Aforti Holding SA based in Warsaw („the Company”, „the Issuer”) hereby announces that it purchased 490 of the P13 series bonds to redemption them.

Legal basis:

Article 3, Paragraph 1, Point 6) of the Exhibit 3 „Current and Periodical Information in the Alternative Trading System on the NewConnect market” to the Alternative Trading System Rules

RA ESPI 10/2020 – Trimiterea unei cereri de debut a instrumentelor financiare ale companiei pentru tranzacționarea pe piața NewConnect

The Management Board of Aforti Holding SA based in Warsaw („the Company”, „the Issuer”) hereby announces that on March 27, 2020, to the Warsaw Stock Exchange S.A. was sent via parcel post an application with the required attachments to debut to the alternative trading system on the NewConnect market 1,240,599 (one million two hundred forty thousand five hundred ninety nine) series I shares of the Company with a nominal value of PLN 1.00 each share.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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RA ESPI 9/2020 – Informații despre impactul efectelor COVID-19 asupra operațiunilor emitentului și a grupului său de capital

The board of Aforti Holding S.A. („the Company”, „the Issuer”) with its registered seat in Warsaw, based on the recommendations issued by the European Securities and Markets Authority (ESMA) and the Polish Financial Supervision Authority (KNF), hereby informs about the expected impact of the effects of the spread of coronavirus and related: announcement of epidemic status in the territory of the Republic of Poland and Policy Council decisions Monetary and Ministry of Finance, for the operations of the Issuer and its Capital Group.

On the date of publication of this report, the Issuer and its Capital Group maintain operational continuity. Most of the employees and associates of the Issuer and its Capital Group work remotely. The necessary security procedures have also been introduced: direct meetings with clients for telephone and electronic communication have been minimized, visits to foreign subsidiaries have been suspended, universally recommended health and safety principles and solutions have been implemented for limiting the risk of virus infection.

In the case of lending activities carried out by the Issuer’s subsidiary: Aforti Finance S.A., the Issuer’s Management Board takes into account various scenarios depending on the individual situation of the clients. The management board of the subsidiary monitors the situation regarding the repayment of loans granted on an ongoing basis, prepares appropriate procedures and actions that will be implemented if necessary.
In the field of currency exchange services for entrepreneurs carried out by the Issuer’s subsidiary: Aforti Exchange S.A., an increase in the value of turnover carried out by clients month to month is observed by just over 14 percent. Here it should be noted that interest in currencies due to the high level of volatility of their exchange rate is an effect of, among others lowering interest rates and the macroeconomic situation in Poland and in the world.
In the area of debt collection carried out by the Issuer’s subsidiary: Aforti Collections S.A., a further significant increase in orders and acceleration of the transfer of outstanding claims by creditors is observed.
At the same time, a stable situation remains in the case of factoring services provided by the Issuer’s subsidiary: Aforti Factor S.A.
At the moment, the number of users visiting the websites of the Issuer and its subsidiaries is comparable to the previous month.

Taken the dynamically changing environment into account, the Management Board of the Issuer cannot reliably determine the impact of the spread of the COVID-19 coronavirus on the Company’s and its Capital Group’s operations, financial results and business prospects. It should be emphasized that at present the business continuity of the Issuer and its Capital Group has not been interrupted. The Issuer and its subsidiaries are currently adjusting their activity to the observed and anticipated market needs.

The Company monitors the situation on an ongoing basis, and in the case of events having an impact on the financial results and economic situation of the Issuer, the Issuer’s Management Board will inform in separate current reports as soon as such events occur.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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RA 14/2020 – Răscumpărarea obligațiunilor din seria P8

The Management Board of Aforti Holding SA based in Warsaw („the Company”, „the Issuer”), with reference to the current EBI report No. 4/2020 of 07.01.2020 regarding the early redemption of P8 series bonds at the Issuer’s request, hereby announces that on March 5, 2020 it purchased 2050 of the P8 series bonds to redemption them.

Legal basis:
Article 3, Paragraph 1, Point 6) of the Exhibit 3 „Current and Periodical Information in the Alternative Trading System on the NewConnect market” to the Alternative Trading System Rules

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RA ESPI 8/2020 – Date estimate de operare și vânzări pentru Grupul Aforti – februarie 2020

The board of Aforti Holding S.A. („the Company”, „the Issuer”) with its registered seat in Warsaw, hereby  announces  to  the public  the estimated operating and sales data of the Aforti Group for February 2020.

1) Loans for entrepreneurs
In February 2020, the total value of loans granted in Poland and Romania by Aforti Finance reached PLN 1,000,751.70, which in relation to the same month in 2019 represents a decrease of 57.09%. The value of submitted applications amounted to PLN 6,660,362.88, a result is lower by 77.21% compared to the same period of the previous year.

Cumulatively, at the end of February 2020, the total value of loans granted to entrepreneurs in the country and abroad amounted to PLN 1,562,355.81, that is 69.82 percent less than last year. At the same time, the total value of loan applications also decreased by 75.65% up to level  PLN 11,843,599.21.

2) Currency exchange on online platforms
The total value of turnover on the currency exchange platform in Poland and Romania in February 2020 was PLN 101,389,901.18 and was lower by 43.16% compared to the same period of the previous year.
After two months of current year, the total value of turnover on the domestic and abroad currency exchange platform reached PLN 204,284,043.18, which means a reduction of 45.54%. YoY.

3) Collection orders
The nominal value of recovery orders in February 2020 amounted to PLN 31,835,106.80. This represents a 27.60% year-on-year reduction. The number of recovery orders was 8,568 and was higher by 6.89% compared to February 2019.
In increasing terms, after two months of 2020, the nominal value of debt recovery orders reached PLN 50,013,359.79, which means a decrease by 34.36 percent. At the same time, there was an increase of 30.15 percent on number of orders up to 16 289.

4) Financed claims
In February 2020, the value of receivables financed by Aforti Factor was PLN 2,311,771.60 and it was lower by 31.77% than a year ago.
Cumulatively, after two months of this year, Aforti Factor financed PLN 4,277,144.56 of a total receivables, recording a reduction of 44.98 percent in relation to the previous year.

The table containing reported estimated data for February 2020 together with comparative data is included in the attachment to this current report.

The amounts have been converted to PLN based on the average NBP exchange rate on 28/02/2020.

Legal basis: Article 17 paragraph 1 of the MAR  – confidential information

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