Dorval Asset Management decreases shareholding in Multitude SE below 5%

Helsinki, 11 January, 2023 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) has on 10 January received a notification from Dorval Asset Management, stating that the company’s ownership in Multitude SE has, on 6 January, 2023, decreased below the threshold of 5%. 

Total holding of Dorval Asset Management subject to the notification obligation:

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: shares and voting rights

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Contacts:

Lasse Mäkelä

Chief Strategy and IR Officer

About Multitude SE:

Multitude is a fully regulated growth platform for financial technology. Its ambition is to become the most valued financial ecosystem. This vision is backed by 17+ years of solid track record in building and scaling financial technology. Through its full European banking license, profound know-how in technology, regulation, cross-selling, and funding, Multitude enables a range of sustainable banking and financial services to grow and scale. Currently, it has three independent business units on this growth platform: Ferratum as consumer lender, CapitalBox as business lender, and SweepBank as a shopping and financial app. Multitude and its independent units employ over 700 people in 19 countries, and they together generated EUR 214 million turnover in 2021. Multitude was founded in 2005 in Finland and is listed in the Prime Standard segment of the Frankfurt Stock Exchange under the symbol ‘FRU.’