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
AEDC provides business development services to DDM
DDM Holding AG (First North: DDM) announces that Aldridge EDC Speciality Finance Ltd (AEDC), a company related to Demeter Finance being the largest shareholder in DDM, has entered into an agreement with DDM where AEDC provides business development services for identified projects.
The consultancy services are expected to amount to the equivalent of two full-time employees during 2018 and 2019. The compensation is subject to the approval of the shareholders at the 2019 Annual General Meeting in accordance with Swiss law.
“DDM will this way gain access to more executive business development resources with consultants having vast experience of the industry and DDM”, says Henrik Wennerholm, CEO of DDM Holding AG.
For more information, please visit DDM’s website at www.ddm-group.ch or contact:
Torgny Hellström, Chairman of the Board
Tel: +41 79 434 87 98
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. Erik Penser Bank is DDM Holding AG’s Certified Adviser.
© 2018 DDM Holding AG (publ)