The Board of Directors of Fellow Finance Plc (“Fellow Finance” or the “Company”) resolved in its meeting on 29 October 2018 to conduct a directed share issue without consideration as payment of an incentive bonus to the management.
The 11,000 issued new shares have been registered into the Trade Register. After the registration, the total number of shares in the Company is 7,128,625.
The new shares will be admitted for trading on Nasdaq Helsinki First North Finland marketplace approximately on Thursday 8 November 2018.
Jouni Hintikka, CEO, Fellow Finance Plc
+358 40 585 5009
Evli Bank Plc, tel +358 40 579 6210
Fellow Finance Plc launched its operations in 2014 and it is an internationally active and growth-oriented FinTech group that provides crowdfunding services for people and businesses. Fellow Finance is the leading¹ Nordic loan-based crowdfunding and peer-to-peer lending platform which has over 470 000 users from around 50 countries. Fellow Finance Plc is regulated by the Financial Supervisory Authority of Finland as an Authorized Payment Institution. Fellow Finance Plc is listed on Nasdaq First North Finland and The Company has around 2900 shareholders. Read more: www.fellowfinance.com.
¹Measured by amount of financing facilitated at 31 October 2018. Source: Altfi Data (data accessed on 31 October 2018)