Hoist Finance AB (publ) To Discuss Agreement With Lowell Financial Ltd To Divest Its UK Unsecured Operations Call Transcript

Apr 13, 2022 / 06:30AM GMT

Release Date Price: kr24.58

Transcript

Lars Wollung;publ;Acting CEO;Director

Hoist Finance AB

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Good morning, everyone, and welcome to this call. I'm Lars Wollung, CEO of Hoist Finance. With me, I have our CFO, Christian Wallentin.

Christian Wallentin;publ;CFO

Hoist Finance AB

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Good morning, everyone.

Lars Wollung;publ;Acting CEO;Director

Hoist Finance AB

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And our Communications and IR Director, Ingrid Osthols. We wanted to explain a little bit more what we have done and why we have done that and then open up for questions. We thought it is more useful for you if we have a very short introduction and then we open up for questions so that we talk about things that you are interested in.

So let me start by summarizing then the situation. So we have entered an agreement with Lowell to sell our subsidiary in the U.K., containing the debt collection platform for unsecured credits. With that, in that

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