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B2 Holding
OldNick
09:02 24.11.2017
#19702

B2Holding-kursen har økt ca. 50% siden de gjorde ny-emisjon og ble flyttet fra Axcess til hovedlisten i juni i fjor.

Annualisert er det over 30% per år vekst (i kursen).

Resultatene de leverer burde absolutt støtte under for at denne kurs-stigningen skal fortsette.

B2H: Q3-2017 Report - CONTINUED GROWTH AND SOLID OPERATIONS - 45% GROWTH IN CASH EBITDA, 51% PROFIT MARGIN, ERC OF NOK 12.2BN, INCREASED CAPACITY, STRONG OUTLOOK

Børsmelding
24.11.2017

Third quarter 2017

- Gross cash collection of NOK 650 million (474) - up 37% y-o-y
- Operating profit of NOK 253 million (167) - up 52% y-o-y
- Cash EBITDA of NOK 472 million (325) - up 45% y-o-y
- ERC at end of month NOK 12,191 million (8,014) - up 52% y-o-y

(comparable numbers for Q3 2016 in brackets)

B2Holding ("B2H") experienced continued strong growth and solid operating performance during the third quarter. The Group recorded all-time high levels across all key performance indicators, and is seeing a strong outlook with a record large pipeline of NPL portfolios coming to market.

The Group posted a record-high quarterly cash EBITDA of NOK 472 million, an increase of NOK 147 million compared to Q3-2016 (+45%). The operating profit hit NOK 253 million (+52%) and net profit increased to NOK 113 million from NOK 46 million in Q3-2016 (+71%).

In Q3-2017, B2H invested NOK 702 million in new portfolios, distributed over all segments. The Company has acquired portfolios for approx. NOK 3.2 billion over the last 12 months (+46%) and grown the total gross ERC to approx. NOK 12.2 billion (+52%).

After the quarter, B2H successfully issued a new unsecured bond of EUR 200 million and increased the existing RCF with a EUR 100 million term loan. Following the increase, B2H is positioned to continue to capture growth with NOK 3.3 billion investment capacity at the end of the quarter, in addition to strong operating cash flow from collection on purchased loan portfolios.

In connection with the new bond issue, the Company announced that it will initiate a public rating process and expects the process to be completed during Q2-2018.

For further information, please see the Q3-2017 presentation and report attached.


B2H: Q3-2017 Report (PDF)

B2H: Q3-2017 Presentation (PDF)
OldNick
13:13 28.02.2018
#19930

B2 Holding kom med sitt Q4-2017 resultat i morges.

Ypperlige, finansielle resultater er det, og det burde fortsette å skyve aksjekursen oppover.

For hele 2017 vs. 2016:
- Veksten er utmerket, omsetning opp ca. 44%, d.s. Q4-o-Q4
- Cash collection: +36%, +34% Q4-o-Q4
- Cash EBITDA: +50%, d.s. Q4-o-Q4
- Netto resultat: +166%, +106% Q4-o-Q4
- Portfolio oppkjøp: +59%, +85% Q4-o-Q4
- ERC: +61%, d.s Q4-o-Q4

ERC er ca. NOK 15.3 mrd.

Selskapet prises idag til NOK ca. 7.5 mrd. på børsen, EK er NOK 3.15 mrd og totalbalansen er NOK 10.8 mrd. Netto rentebærende gjeld er NOK 6.4 mrd.


B2H: Q4-2017 Report - SIXTH CONSECUTIVE RECORD QUARTER & RECORD YEAR - 99% GROWTH IN OPERATING PROFIT, STRONG MARGINS, ERC ABOVE NOK 15BN, WIDE PIPELINE

Børsmelding
28.02.2018

Q4-2017

* Gross cash collection of NOK 723 million (556) - up 30% y-o-y
* Operating profit of NOK 301 million (151) - up 99% y-o-y
* Cash EBITDA of NOK 524 million (349) - up 50% y-o-y
* ERC of NOK 15,264 million (9,489) - up 61% y-o-y

(comparable numbers for Q4-2016 in brackets)


Year-end 2017

* Gross cash collection of NOK 2,552 million (1,870) - up 36% y-o-y
* Operating profit of NOK 984 million (516) - up 91% y-o-y
* Cash EBITDA of NOK 1,815 million (1,210) - up 50% y-o-y
* Portfolio acquisitions of NOK 4,112 million (2,584) - up 59% y-o-y

(comparable numbers for year-end 2016 in brackets)

B2Holding ("B2H") recorded its sixth consecutive record quarter in terms of operating performance, displaying strong growth in cash collection, cash EBITDA and operating profit. During the quarter, B2H added two new platforms and purchased record-high portfolio volumes, driving ERC to a new all-time high.

Cash EBITDA increased to NOK 524 million, +50% compared to Q4-2016 and +11% compared to Q3-2017. The operating profit grew to NOK 301 million (+99%) for the quarter and NOK 984 million for the year (+91%). Net profit hit NOK 157 million (+106%) and NOK 481 million (+166%) for the quarter and the year, respectively.

B2H purchased portfolios for a record-high of NOK 1,951 million during the quarter (+85%) and NOK 4,112 million for the year as a whole (+59%). ERC grew to a new all-time high of NOK 15,264 million, an increase of 61% compared to year-end 2016.

The Spanish- and Cypriot markets were entered in Q4 and Q1 2018 respectively, increasing the number of B2H-platforms to 21. The two countries combined represent more than EUR 160 billion in NPLs.

The Company successfully issued a new unsecured bond of EUR 200 million and increased the existing RCF with a EUR 100 million term loan. The announced rating process has been initiated and is expected to be completed in Q2 2018. The net interest-bearing debt per year-end was NOK 6,402 million.

The Board proposes to the AGM to approve a dividend of NOK 0.30 per share.

For further information, please see the Q4 2017 presentation and report attached.

The documents are also available on the Company's website: http://www.b2holding.no

Contact persons:
Olav Dalen Zahl, CEO, B2Holding ASA, Tel: +47 9098 6386
Erik J. Johnsen, CFO, B2Holding ASA, Tel: +47 4157 7055


B2H: Q4-2017 Report (PDF)

B2H: Q4-2017 Presentation (PDF)
OldNick
08:23 14.03.2018
#19950

B2Holding har gjort nytt, stort gjeldoppkjøp, og samtidig gjort en rettet emisjon, som tydeligvis ble fylt opp på kort tid. Det blir ingen rep-emisjon her.


B2H: SUCCESSFUL PRIVATE PLACEMENT

Børsmelding
13.03.2018

Reference is made to the stock exchange release by B2Holding ASA ("B2Holding" or the "Company") on 13 March regarding a contemplated private placement (the "Private Placement") of up to 36,912,000 new shares in the Company (the "Transaction Announcement"). The Company is pleased to announce that the Private Placement has been successfully subscribed, raising gross proceeds of NOK 747,468,000 at a subscription price of NOK 20.25 per share. The private placement was significantly oversubscribed.

The share capital increase pertaining to the issuance of the new shares is resolved by the Board of Directors pursuant to an authorization granted by the Company's general meeting on 24 May 2017. Completion of the Private Placement implies a deviation from the existing shareholders pre-emptive rights to subscribe for and be allocated new shares. The Board of Directors has carefully considered such deviation and has resolved that the Private Placement is in the best interests of the Company and its shareholders. In reaching this conclusion the Board of Directors has inter alia considered the limited discount to previous trading prices, the dilutive effect of the share issue, the investor interest in the transaction, the strengthening of the shareholder base that will be achieved by the Private Placement, the liquidity in the shares, transaction costs, transaction efficiency and completion risks. The Company will not conduct a subsequent "repair offering".

Delivery of the new shares allocated in the Private Placement will, in order to facilitate delivery-versus-payment and timely delivery of already listed shares to investors in the Private Placement, be made by delivery of existing and unencumbered shares in the Company, pursuant to share lending agreements entered into between the Company, Nordea Bank AB (publ), filial i Norge and each of Indigo invest AS and Valset Invest AS.

The Company intends to apply the net proceeds from the Private Placement towards general corporate purposes, including the purchase of a Greek portfolio with face value of EUR 3.7 billion, as well as the potential purchase of two significant portfolios in Central- and South-Eastern Europe and a new platform
in Western Europe.

As disclosed in the Transaction Announcement, the B2Holding group has entered into a purchase agreement with Alpha Bank for the acquisition of a large portfolio investment in Greece. The contracting party in the B2Holding group is a portfolio investment company, while B2Holding's licensed subsidiary B2Kapital Greece will manage and service the portfolio. To facilitate a smooth transition period, such management and service will for a period be conducted in cooperation with a third party service provider, in agreement with the seller.

Arctic Securities AS and Nordea Bank AB (publ), filial i Norge acted as Joint Bookrunners in the Private Placement. Advokatfirmaet Thommessen AS is legal counsel to the Company.

For further information, please contact:
Olav Dalen Zahl, CEO B2Holding ASA, Tel: +47 9098 6386
Erik Just Johnsen, CFO B2Holding ASA, Tel: +47 4157 7055
______

B2H: Private Placement - Allocation of shares to primary insiders

Børsmelding
14.03.2018

The following primary insiders in B2Holding ASA "the Company") have been
allocated shares in the Private Placement in the Company conducted 13 March
2018.

- Prioritet Group AB, represented on the Board of Directors by deputy member Niklas Wiberg was allocated 1,081,481 shares and holds 52,200,000 shares after the transaction, representing 12.8% of the outstanding shares and votes in the Company.

- Jon Harald Nordbrekken through Valset Invest AS, being the Chairman of the Board, was allocated 500,000 shares and holds 24,500,000 shares after the transaction, representing 6.0% of the outstanding shares and votes in the Company.

- Indigo Invest AS, represented in the Board of Directors in B2Holding by Per Kristian Spone, was allocated 740,741 shares and holds 16,383,360 shares after the transaction, representing 4.0% of the outstanding shares and votes in the Company.


For further information, please contact:
Erik Just Johnsen, CFO B2Holding ASA, Tel: +47 4157 7055
highlander
10:32 14.03.2018
#8587

Det har kommet en flaggemelding etter den overtegnede emisjonen:

14/03-2018 10:00:18: (B2H) Flaggemelding B2Holding ASA

Fond forvaltet av DNB Asset Management AS har i dag 14.03.2018 fått tildelt i
1.453.283 aksjer i emisjon av 36.912.000 nye utstedte aksjer i B2Holding ASA
(B2H NO)

Fond forvaltet av DNB Asset Management AS eier etter dette 4.91% av totalt
antall utstedte aksjer (406.432.598) i B2Holding ASA (B2H NO)
OldNick
15:29 14.03.2018
#19952

B2 Holding kjøper nok et selskap, denne gangen i Frankrike.


B2H: B2Holding enters the French market

Børsmelding
14.03.2018

Reference is made to the stock exchange release by B2Holding ASA at 16:37 on 13 March regarding the potential acquisition of a new platform in Western Europe.

B2Holding has today signed and closed an agreement for the acquisition of 100% of the shares of Negociation et Achat de Creances Contentieuses (NACC).

NACC is one of the leading players in France within debt purchase and servicing.
NACC was established in 1993 and has strong client relationships with most of
the large French banks. NACC currently has around 80 full time employees, with
its headquarter in Paris and additional offices in Brest and Bordeaux.

About 90% of revenues come from collection on owned portfolios, while the remaining revenues come from third party debt collection. NACC has a strong position and expertise within larger secured claims ("PVR" claims). At closing, NACC had an Estimated Remaining Collection ("ERC") of approximately EUR 115 million of which a majority consists of PVR portfolios.

The acquisition of NACC represents an Enterprise Value of approximately EUR 90 million at closing, and the acquisition will be financed by available financial resources. Part of the transaction is based on an earn-out agreement with senior management over 4 years.

With the acquisition of NACC, B2Holding has secured a strong platform for further growth in one of the larger markets for NPLs in Europe.

"We are very pleased to see NACC become part of the B2Holding Group. The French NPL market is characterized by relatively few established players compared with its size, and we expect an increasing NPL sales activity in France going forward. With this acquisition, B2Holding has further strengthened its footprint in Western Europe, and we believe that NACC is an excellent platform for further growth in France. The founder and President, Mr. Christian Roche, has built a very good company that shares the values of B2Holding, and Christian and his team are very committed to grow the company further together with B2Holding" says Olav Dalen Zahl, CEO of B2Holding.

"We are really excited to become part of the B2Holding Group. The French market has a total NPL volume of close to EUR 60 billion, and the portfolio sales activity is increasing. Together with our new owner we believe NACC is very well positioned to be one of the leading players in the French market going forward" says Mr. Christian Roche, founder and President of NACC.

For enquiries regarding the transaction, please contact:
Olav Dalen Zahl, CEO, B2Holding ASA, Mob: +47 9098 6386, Email: odz@b2holding.no
Rasmus Hansson, Director M&A, B2Holding ASA, Mob: +47 9525 5842, Email: rh@b2holding.no
highlander
14:41 06.04.2018
#8881

Selskapet melder om oppkjøp av gjeld i Romania også:

06/04-2018 11:24:13: (B2H) B2Holding acquires a portfolio of retail and corporate, secured and unsecured non-performing loans in Romania

Reference is made to the stock exchange release by B2Holding ASA at 16:37 on 13
March 2018 disclosing that B2Holding has agreed commercial terms for two
significant portfolios of which one is in Southeastern Europe.

B2Holding has through its Romanian subsidiary B2 Kapital Portfolio Management
SRL entered into an agreement to acquire a portfolio of retail and corporate,
secured and unsecured non-performing loans in Romania.

The portfolio is sold by Banca Transilvania S.A., a leading SME and retail bank
in Romania. The acquisition will be closed in 2Q 2018.

The portfolio consists of approx. 3,300 individual loans with an aggregate
nominal value of approx. EUR 124 million.

"The acquisition of the portfolio is another important milestone in B2Holding's
continued development and further growth in Romania" says Olav Dalen Zahl, CEO
of B2Holding ASA.

Even though this transaction would normally be below the threshold for
announcement, B2Holding is disclosing this transaction in order to be fully
transparent with the vendor's announcement.
highlander
10:17 02.05.2018
#9656

02/05-2018 09:34:31: (B2H) B2HOLDING ASA ANNOUNCES PUBLIC RATING

B2Holding ASA (the "Company") announced today that it has been assigned a public
rating by Moody's Investors Service, Inc. ("Moody's") and S&P Global Ratings
("S&P").

As previously communicated, the Company initiated a credit rating process with
the aim of obtaining a public rating in Q2 2018. This process has now been
completed. Moody's has assigned a "Ba3" corporate family rating with a stable
outlook to the Company. S&P has assigned a "BB-" long-term issuer credit rating
with a stable outlook to the Company.
highlander
11:19 02.05.2018
#9673

...og nå skal selskapet også entre det portugisiske markedet, og får med dette også bedre fotfeste i Spania:

02/05-2018 10:49:27: (B2H) B2Holding enters the Portuguese market

B2Holding has acquired 100% of the shares in GI Capital Solutions S.A. ("GICS"),
a 3rd party collection company with 8 employees located in Lisbon, Portugal. The
acquisition of GICS is in line with the strategy to expand in the Iberian
region, as previously communicated in connection with the acquisition of
Verifica in Spain. The acquisition of GICS will enable Verifica to serve
existing customers in both Spain and Portugal within 3rd party collection and
will be organized as part of the Spanish operation.

Endret 02.05.2018 11:20 av highlander
highlander
18:34 11.05.2018
#9950

B2Holning har fatt på plass en lisens fra sentralbanken på Kypros:

11/05-2018 16:06:01: (B2H) B2Holding obtains license from the Central Bank of Cyprus Reference is made to the stock exchange release by B2Holding ASA on 2 January 2018 disclosing that B2Kapital Cyprus Ltd has entered into an agreement for acquiring a non-performing portfolio from Hellenic Bank Public Company Limited in Cyprus and that the transaction was subject to applicable approvals and clearance from relevant authorities.

B2KAPITAL CYPRUS LTD, the Cypriot subsidiary of B2Holding ASA, was on May 10th, 2018 granted the license from the Central Bank of Cyprus to operate as a credit acquiring and servicing company.

B2KAPITAL CYPRUS LTD has obtained all applicable approvals and is now proceeding with the completion of the agreement with Hellenic Bank Public Company Limited for the acquisition of the portfolio comprising of non-retail secured and unsecured loans which had a combined face value of EUR 145 million and 1,977
loans as of cut-off date.

The completion of the transaction is expected to take place by the end of the second quarter of 2018.
OldNick
08:41 25.05.2018
#20176

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OldNick
09:07 25.05.2018
#20177

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highlander
11:34 25.05.2018
#10223

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OldNick
17:06 28.05.2018
#20190

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highlander
16:57 29.05.2018
#10251

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Skipssjefen
08:29 30.05.2018
#369

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Skipssjefen
08:51 31.05.2018
#371

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highlander
14:34 13.06.2018
#10470

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highlander
14:32 15.06.2018
#10526

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Inkognito666
10:49 27.06.2018
#1

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Inkognito666
10:49 27.06.2018
#2

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Inkognito666
12:51 27.06.2018
#3

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highlander
14:20 29.06.2018
#10803

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OldNick
08:56 04.07.2018
#20355

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highlander
13:32 19.07.2018
#11148

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OldNick
09:48 27.07.2018
#20450

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