The consumer Credit Company Credissimo submitted its IPO application to BSE (11.04.2014)

 

The issue of ordinary shares would be BGN 2.5m with a nominal value of BGN 1.00 per share.


The stock code of the company is 17C, and the financial consultant is the Bulgarian investment bank Mane Capital AD.


Credissimo AD was set up in 2007 and is registered as a non-banking financial institution, with core operations in consumer lending, which are uncollateralized and not acquired through public savings. The company operates its consumer credit financing business under the trade mark of CREDISSIMO and is overseen by a Board of Directors.


According to the confirmed by the Financial Supervision Commission prospectus, the financial report of the company for 2012 was audited by Deloitte Audit OOD.


The registered capital of Credissimo AD is valued at BGN 2,500,000 and is owned by 3 people and 1 company. Up until the prospectus date, the issuer has published the following information about shareholders who directly own over 5% of the shares with the right to vote:


- Sokol Yankov, executive director and member of the Board of Directors – 770,775 ordinary shares with nominal value of BGN 1.00 or 30.83% of the company capital.


- Kosta Kunchev, member of the Board of Directors – 770,775 ordinary shares with nominal value of BGN 1.00or 30.83% of the company capital.


- Asen Benev, member of the Board of Directors – 541,800 ordinary shares with nominal value of BGN 1.00 or 21.67% of company capital.


- Advenkos EOOD, EIK: 175306026 - 416650 ordinary shares with nominal value of BGN 1.00 or 16.67% of company capital.

 

As at 30th of September 2013, the profit after tax of Credissimo AD was BGN 19.49m, which is a 21% increase from the previous year. The assets are of the company are BGN 9.403m. The growth in profit is a result of undistributed earnings of BGN 1.7m for 2012.


As at 17th of December 2013, the company had 40 employees.

 

Original Article Link
Source: infostock.bg

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