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22 Dec 2021

DDM acquires NPL portfolio located in Poland

DDM Holding AG (First North Growth Market: DDM) announces that it has acquired a NPL portfolio containing consumer receivables located in Poland. The gross collection value (face value) of the portfolio amounts to over EUR 25 million with the acquisition financed by cash on hand.

Florian Nowotny, CEO of DDM, comments: “We continue to capitalize on our interesting investment pipeline. We this time acquire a NPL portfolio located in Poland, a large market where we see interesting future opportunities.”

The information was submitted for publication, through the agency of the contact person set out below, at 18:30 CET on 22 December 2021.