Multitude SE: Transfer of Registered Office to Malta Due to be Completed on 30 June 2024

EQS-News: Multitude SE / Schlagwort(e): Sonstiges

Multitude SE: Transfer of Registered Office to Malta Due to be Completed on

30 June 2024

18.06.2024 / 07:00 CET/CEST

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

Multitude SE: Transfer of Registered Office to Malta Due to be Completed on

30 June 2024

Helsinki, 17 June 2024 - Multitude SE, a listed European FinTech company,

offering digital lending and online banking services to consumers, small and

medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN:

A1W9NS) ("Multitude", "Company" or "Group") announces, that the transfer of

the Company's registered office from Finland to Malta in accordance with

Article 8 of the Council Regulation (EC) No 2157/2001 of 8 October 2001 on

the Statute for a European company (SE) ("SE Regulation") ("Transfer") is

due to take place on 30 June 2024 ("Transfer Date").

As communicated on 21 March 2024, the Transfer has been approved by the

Company's Extraordinary Shareholders' General Meeting. The Finnish Trade

Register has issued its permit for the Transfer on 20 May 2024. The Company

expects that all other necessary consents and approvals for the Transfer

will have been received and all conditions for the Transfer will have been

fulfilled or, where relevant, waived, by the Transfer Date.

The Transfer will not affect the listing of the Company on the regulated

market (Prime Standard) of the Frankfurt Stock Exchange. The Company shares

will continue to be listed on the Frankfurt Stock Exchange, and trading is

expected to continue without any interruptions. The ISIN of the shares will

change from the current Finnish ISIN to a new Maltese ISIN (MT0002810100).

The new Maltese ISIN will be applied as of 1 July 2024.

In connection with the Transfer, the Company's issuer central securities

depository ("Issuer CSD") will change from Euroclear Finland Oy ("EFi") to

the CSD operated by the Malta Stock Exchange ("MSE CSD") and, consequently,

the Company's shares will be removed from the Finnish book-entry securities

depository maintained by EFi. As a result of this change, the MSE CSD will

hold the Company's share register. No individual shareholders will be

registered with the MSE CSD, however. Instead, all the Company's shares will

be held through the international central securities depository Clearstream

Banking S.A., Luxembourg ("CBL") acting as a nominee.

To facilitate the Transfer and the change of the Issuer CSD and to avoid

even any temporary disruption in trading in the Company shares, the shares

that are not yet held through CBL, acting, among others, for its sister

company the German central securities depository Clearstream Banking AG,

Frankfurt ("CBF", together with CBL, "Clearstream") will be transferred to

CBL's account in EFi already prior to the Transfer Date. The transfers to

Clearstream are expected to take place at the latest before or during the

last week of June so that all shares will be held through CBL prior to the

Transfer Date.

The transfers to CBL's account in EFi will, in most cases, take place

without any action required from the shareholders. However, in some cases

shareholders may be contacted by their account operator or other custodian

with a request for action, in which case the Company asks its shareholders

to cooperate with the account operator or other custodian to ensure that the

account operator or other custodian will be able to transfer the shares as

described above. Failure to transfer the shares to Clearstream prior to the

Transfer Date may result in the shareholder not being able to exercise their

shareholder rights in the Company after the Transfer Date until they have

arranged the custody of their shares with a custodian bank affiliated with

CBF or CBL.

Finnish book-entry accounts maintained in EFi's book-entry system are not

capable of being used for holding the Company shares after the Transfer and

the change in the Issuer CSD. For shareholders currently holding their

shares on Finnish book-entry accounts this means that the shares will cease

to be registered on the shareholder's book-entry account and, instead of a

book-entry account, must be held in custody through Clearstream. As provided

in the Board of Director's Report dated 17 January 2024, the Transfer may

have implications for the shareholders e.g. in the form of additional costs

incurred as a result of the transfer of the shares and the shares being held

through Clearstream.

As communicated by the Company on 5 January 2024, the Transfer is the first

phase in the Company's contemplated relocation to Switzerland. After the

Transfer, the Company is planning a conversion into a public limited

liability company governed by the laws of Malta pursuant to Article 66 of

the SE Regulation followed by a redomiciliation to Switzerland pursuant to

applicable Maltese and Swiss laws.

Contact:

Lasse Mäkelä

Chief Strategy and IR Officer

Phone: +41 79 371 34 17

E-Mail: Lasse.makela@multitude.com

About Multitude SE:

Multitude is a listed European FinTech company, offering digital lending and

online banking services to consumers, small and medium-sized businesses, and

other FinTechs overlooked by traditional banks. The services are provided

through three independent business units, which are served by our internal

Banking-as-a-Service Growth Platform. Multitude's business units are

consumer banking (Ferratum), SME banking (CapitalBox) and wholesale banking

(Multitude Bank). Multitude Group employs over 700 people in 25 countries

and offers services in 16 countries, achieving a combined turnover of 230

million euros in 2023. Multitude was founded in Finland in 2005 and is

listed on the Prime Standard segment of the Frankfurt Stock Exchange under

the symbol 'FRU'.

18.06.2024 CET/CEST Veröffentlichung einer Corporate News/Finanznachricht,

übermittelt durch EQS News - ein Service der EQS Group AG.

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Medienarchiv unter https://eqs-news.com

Sprache: Deutsch

Unternehmen: Multitude SE

Ratamestarinkatu 11 A

00520 Helsinki

Finnland

E-Mail: ir@multitude.com

Internet: https://www.multitude.com/

ISIN: FI4000106299

WKN: A1W9NS

Börsen: Regulierter Markt in Frankfurt (Prime Standard);

Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,

München, Stuttgart, Tradegate Exchange; Stockholm

EQS News ID: 1926769

Ende der Mitteilung EQS News-Service

1926769 18.06.2024 CET/CEST

 ISIN  FI4000106299

AXC0042 2024-06-18/07:00

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