30 Apr 2025

DDM Debt AB (publ) (the "Company" or "DDM") - Announces Delay in Publication of Audited Consolidated Financial Statements

With reference to the Company's (i) up to EUR 300,000,000 senior secured bonds with ISIN SE0015797683 (the "Senior Bonds") and (ii) EUR 25,000,000 super senior secured bonds with ISIN SE0023440672 (the "Super Senior Bonds"), the Company announces that, due to a key member of the board suffering a serious illness which led to the temporary absence of such board member, the publication of the Issuer's audited consolidated financial statements for the financial year ending 31 December 2024 ("Financial Statements") will be delayed.

 

This delay is directly attributable to the absence of the board member who plays an integral part in finalizing and approving the Financial Statements. The individual is currently recovering, and as a result, the Company expects to be able to publish the Financial Statements, within the applicable remedy period of 15 business days under the terms and conditions for the Senior Bonds and the Super Senior Bonds (i.e., no later than 22 May 2024). While there is a slight delay, the Company remains confident that the Financial Statements will be published within the remedy period and is working diligently to be able to publish the Financial Statements as soon as possible.

 

For information on the proposal, please contact:

Mail: investor@ddm-group.ch

 

With respect of the Senior Bonds, this information is information that DDM Debt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:31 CEST on 30 April 2025.

 

DDM Debt AB (publ) (Nasdaq Stockholm: DDM Debt 2026) is part of the DDM Group, a specialized multinational investor in situations arising out of the general strategic challenges in the European banking markets. This includes investments into assets and companies previously held by financial institutions, including performing and non-performing loans and special situations. The DDM Debt Group also engages in businesses that are related, complimentary, incidental, ancillary or similar to any of the foregoing. DDM strives to create value for its stakeholders by combining significant expertise in financial services, credit underwriting and technology with a focus on operational excellence.