2020

News

DelfinGroup’s follow-up announcement for investors on situation in country

Riga, 2020-10-13 16:44 CEST -- On 19 March 2020 DelfinGroup provided information to investors regarding the company's actions in relation to the state declared emergency situation in Latvia in relation to COVID – 19 on 12 March 2020. The company’s initial focus was on securing cash reserves and...

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DelfinGroup successfully issues bonds in the amount of EUR 3.5 million

Riga, 2020-10-02 12:36 CEST -- On September 30, 2020, the subscription to SIA DelfinGroup unsecured bond issue in the amount of EUR 3'500'000 was successfully completed. The annual coupon rate of the bonds is 12%, with a monthly coupon payment and a maturity date at November 25, 2022. The arran...

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DelfinGroup acquires a subsidiary

Riga, 2020-10-01 17:55 CEST -- On September 30, 2020, the Enterprise Register of the Republic of Latvia registered acquisition of 100% shares of SIA Banknote commercial properties by SIA DelfinGroup. SIA Banknote commercial properties owns 4 properties. The branches of the Banknote brand are lo...

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DelfinGroup registers new unsecured notes issue in amount of EUR 3.5 million

Riga, 2020-09-23 13:13 CEST -- On 23 September 2020, DelfinGroup has submitted documents to Nasdaq CSD, in order to register new unsecured notes issue with the following characteristics: ISINLV0000802429Type of securityUnsecured notesIssue sizeup to EUR 3,500,000Nominal value of 1 noteEUR 1,000...

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DelfinGroup decreases bond nominal value by EUR 437 500

Riga, 2020-09-18 09:47 CEST -- According to DelfinGroup bond issue prospectus of ISIN LV0000801322, as of 25/09/2020 the nominal value of one security is going to be decreased by EUR 125. The total nominal value of the bonds issue will be decreased by EUR 437 500. After settlement, the nominal...

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SIA DelfinGroup announces official dividend policy and informs about dividend pay-out

Riga, 2020-09-04 12:47 CEST -- Shareholders of SIA DelfinGroup, which operates brands Banknote, VIZIA and Riga City Pawnshop have approved a new official dividend policy - “SIA DelfinGroup’s Dividend policy”, and also have decided to pay out dividends from the profit of year ending 31.12.2019 i...

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SIA DelfinGroup plans to become a joint stock company

Shareholders of SIA DelfinGroup, which operates in Latvia under the brands Banknote, VIZIA and Riga City Pawnshop, have plans to transform the legal form of the company into a joint stock company. On August 25, 2020, SIA DelfinGroup has prepared and supplied to Enterprise Register of the Republ...

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SIA DelfinGroup financial results for the first half of 2020

In the first half of year 2020, the company's turnover has increased by 7.3% compared to the corresponding period of year 2019, reaching EUR 10.9 million, while the profit reached EUR 2.03 million. DelfinGroup's vision is to achieve the highest level of recognition based on the company's value...

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DelfinGroup increases its share capital to € 4 million

SIA DelfinGroup that operates in Latvia with the brands Banknote, VIZIA and Riga City Pawnshop, has decided to increase the share capital to EUR 4,000,000 (EUR 4 million). On July 28, 2020, the shareholders' meeting of SIA DelfinGroup approved an increase in the company's share capital from EUR...

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DelfinGroup decreases bond nominal value by EUR 437 500

Riga, 2020-06-08 14:21 CEST -- According to DelfinGroup bond issue prospectus of ISIN LV0000801322, as of 25/06/2020 the nominal value of one security is going to be decreased by EUR 125. The total nominal value of the bonds issue will be decreased by EUR 437 500. After settlement, the nominal...

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DelfinGroup 1st quarter 2020 financial results

DelfinGroup publishes unaudited condensed financial results for the 1st quarter of 2020. The Group's turnover in the 1st quarter of 2020 compared to the same period of the year 2019 has increased by 17.5%, reaching EUR 4.81 million, while comparable profit amounted to EUR 1.04 million. On Febru...

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DelfinGroup publishes financial results for the year 2019 audited by BDO Assurance

The Group's turnover in 12 months of 2019, compared to the same period of the previous year, has increased by 16% to EUR 21.8 million, while the Company's loan portfolio amounted to EUR 31.6 miliion, which is an increase of 56% over the period. In 2019, the Group’s operations were affected by t...

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DelfinGroup decreases bond nominal value by EUR 437 500

According to DelfinGroup bond issue prospectus of ISIN LV0000801322, as of 25/03/2020 the nominal value of one security is going to be decreased by EUR 125. The total nominal value of the bonds issue will be decreased by EUR 437 500. After settlement, the nominal value of one security (ISIN LV0...

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Information for DelfinGroup investors in response to the situation in the country

DelfinGroup has taken all mandatory and recommended security measures in relation to coronavirus (COVID-19). Impact We expect slight negative changes in demand from our customers due to lower consumption of goods and services. We expect slightly lower issuance due to before mentioned reason, de...

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CORRECTION: DelfinGroup (previously ExpressCredit) unaudited financial results for the year 2019

Changes in management report. Financial report supplemented with bond covenant compliance information on page 6. Please see updated financial report attached.

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DelfinGroup (previously ExpressCredit) unaudited financial results for the year 2019

DelfinGroup preliminary consolidated results for 12 months of 2019 have surpassed the published financial estimate. The Group’s turnover reached EUR 21.8 million (6% higher than estimate), loan portfolio amounted to EUR 31.6 million (12% increase compared to the estimate), and EBITDA rose to EU...

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ExpressCredit changes its name to DelfinGroup

On February 4, 2020, the Enterprise Register of the Republic of Latvia registered changes in the name of SIA ExpressCredit based on the shareholder decision made on February 3, 2020. ExpressCredit changed its legal name to DelfinGroup, informs the company’s CEO Didzis Ādmīdiņš. The new corporat...

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Investor presentation

Presentation for DelfinGroup investors. Covering industry, company structure, business processes as of the year 2019.

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Event calendar

2020 9-month report

Non-audited interim condensed consolidated report for 2020 9 months will be published – from 28.10.2020 till 04.11.2020.

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2020 12-month report

Non-audited interim condensed consolidated report for 2020 12 months will be published – from 19.02.2021 till 26.02.2021.

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