Market announcement

AS LHV Group

LEI code

529900JG015JC10LED24

Size of the entity

Large group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Credit institution

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7115

Submission date and time

18.02.2019 16:30:00

Content of announcement in Estonian

Title

AS LHV Pank omandas Versobank AS-i laenuportfelli

Message

AS LHV Pank viis lõpule Versobank AS (likvideerimisel) laenuportfelli omandamise
vastavalt poolte vahel 19. detsembril 2018 sõlmitud lepingule. AS LHV Pank
omandas ligikaudu 12,2 miljoni euro eest Versobank AS-i laenuportfelli 16.
veebruari seisuga.

Laenuportfell omandati laenuportfelli ettevõttena, mis koosnes laenu- ja
tagatislepingutest ning portfelliga seotud kahest töötajast. Laenuportfellist
tulenevad nõuded Eesti ettevõtetest klientide vastu olid summas ligikaudu 10,4
miljonit eurot ja Eesti residentidest eraklientide vastu summas ligikaudu 2,8
miljonit eurot.

Tehing ei ole käsitletav tehinguna seotud isikute vahel.

LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV
Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab
rohkem kui 390 inimest ja LHV pangateenuseid kasutab üle 164 000 kliendi. LHV
hallatavatel pensionifondidel on rohkem kui 177 000 aktiivset klienti.


Priit Rum
LHV kommunikatsioonijuht
Telefon: 502 0786
E-post: [email protected]

Content of announcement in English

Title

AS LHV Pank acquired the loan portfolio of Versobank AS

Message

AS LHV Pank completed the acquisition of the loan portfolio of Versobank AS
(under liquidation) according to the agreement made on 19 December 2018. AS LHV
Pank acquired the loan portfolio of Versobank AS for approximately EUR 12.2
million as of 16 February.

The loan portfolio was acquired as a loan portfolio company, consisting of loan
and collateral agreements and two employees related to the portfolio. The loan
portfolio contained loans to Estonian companies in the amount of approximately
EUR 10.4 million as well as loans to Estonian resident private customers in the
amount of approximately EUR 2.8 million.

The transaction can not be considered as a transaction between related parties.

LHV Group is the largest domestic financial group and capital provider in
Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. There are
more than 390 people working at LHV and more than 164,000 clients are using its
banking services. Pension funds managed by LHV have more than 177,000 active
clients.



Priit Rum
Communication Manager
Telefon: +372 502 0786
Email: [email protected] (mailto:[email protected])