News and Press releases
IR contact: For more information, please contact Henrik Wennerholm, Chief Executive Officer:
Telephone: +41 41 766 1420
DDM Holding AG
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DDM Debt AB
Third party review confirming DDM’s future Estimated Remaining Collections
DDM Holding AG (First North: DDM) has engaged one of the big four companies with extensive experience and knowledge in the Non-Performing Loan industry in Southern, Central and Eastern Europe to conduct an independent review of DDM’s Estimated Remaining Collections “ERC” from its secured and unsecured portfolios as of December 31, 2018. The review of the ERC has been finalized and confirms the future estimated cashflows.
Henrik Wennerholm CEO of DDM comments: “The ERC has been a key focus area for me since taking on the role as CEO of DDM. I’m very pleased with the outcome of this third-party review, conducted by a well renowned company which confirms our future ERC.”
For more information, please visit DDM’s website at www.ddm-group.ch or contact:
Henrik Wennerholm, Chief Executive Officer
Tel: +41 79 539 88 59
Fredrik Olsson, Chief Financial Officer
Tel: +41 79 331 30 17
DDM Holding AG (Nasdaq First North, Stockholm: DDM) is a multinational investor in and manager of distressed assets. Since 2007, the DDM Group has built a successful platform in Southern, Central and Eastern Europe, and has acquired 2.3 million receivables with a nominal value of over EUR 3.5 billion. DDM Debt AB (publ) (Nasdaq Stockholm: DDM2) is a wholly owned subsidiary of DDM Holding AG. Arctic Securities is DDM Holding AG’s Certified Adviser (tel: +46 8 44686080, e-mail: firstname.lastname@example.org).