2017-05-23 16:23:45 CEST

2017-05-23 16:23:45 CEST


English
Ferratum Oyj - Managers' transactions

FERRATUM OYJ : Dealings by CEO, Mr. Jorma Jokela


Ferratum Group: Dealings by CEO, Mr. Jorma Jokela
Helsinki,   May   23, 2017 -  Ferratum  Oyj (ISIN:  FI4000106299,  WKN:  A1W9NS)
("Ferratum") disclosed earlier today a manager's transaction notification to the
Finanssivalvonta, or the Financial Supervisory Authority (FIN-FSA).

Ferratum  announces that its  founder and CEO,  Mr. Jorma Jokela,  has agreed to
sell  a total of 329,500 shares at a market price of 21.49 in Ferratum. 255,500
shares  were sold to  the J&W Global  Fin-Tech Private Equity  Fund (the "Fund")
managed  by J&W  Partners Co.,  Ltd ("J&W  Partners") and 74,000 shares to Danal
Co., Ltd. ("Danal"). The shares were sold by European Recruitment Company OÜ, an
entity wholly owned by Mr. Jokela.

Following  the transactions, Mr. Jokela will directly and indirectly hold shares
in  Ferratum as follows:

+--------+--------+------------+------------+--------+------------+------------+
|Name    |Position|Holding     |% interest  |Shares  |Holding post|% interest  |
|        |        |prior to    |prior to    |sold    |transaction |post        |
|        |        |transaction |transaction |        |            |transaction |
+--------+--------+------------+------------+--------+------------+------------+
|Jorma   |CEO     |12,417,470  |57.16%      |329,500 |12,087,970  |55.64%      |
|Jokela  |        |            |            |        |            |            |
+--------+--------+------------+------------+--------+------------+------------+


J&W Partners, a private equity firm based in Seoul, South Korea was co-founded
in 2014 by Mr. Christopher Wang, who joined the Board of Directors of Ferratum
on May 4, 2017. The firm's professionals have particular interest and expertise
in the financial sector (traditional and fintech) with financial and business
networks throughout the Asia-Pacific region.  Following the transaction, the
Fund holds 373,817 shares, representing 1.72% of the total issued share capital
of Ferratum.

Danal was established in 1997 in South Korea and listed on the KOSDAQ Market
Division of the Korea Exchange in 2004.  Danal first developed "BilltoMobile",
which provides carrier-integrated mobile commerce solutions enabling the
purchase of goods and services on PC, tablet, and mobile devices.  In 2006,
Danal established its US subsidiary (Danal Inc.) in the Silicon Valley,
launching BilltoMobile services in the US with Verizon, Sprint, and T-Mobile.
Danal also has business operations in China, Taiwan, Japan, and Europe.
Following the transaction, Danal holds 74,100 shares, representing 0.34% of the
total issued share capital of Ferratum.

Jorma Jokela commented:

"We have already built a strong network of business in Europe by making
borrowing and mobile banking as easy and fast to use as possible. The Asian
banking market is also evolving rapidly and we see this market as one of the
most forward thinking and innovative digital consumer markets in the world.

We appreciate the growing international interest in Ferratum's equity story and
welcome the support of all new investors, particularly those in regions of
strategic importance to our long term ambitions."




About Ferratum Group:

Ferratum  is an  international provider  of consumer  and small  business loans,
distributed and managed by mobile devices.  Founded in 2005 and headquartered in
Helsinki,  Finland, Ferratum is a pioneer  in the fields of financial technology
and  mobile  lending  and  has  expanded  rapidly  to  operate  in 24 countries.
Ferratum's  customers  utilize  digital  media  to  apply for consumer credit in
amounts  varying between EUR  25 and EUR 20,000 and  small businesses instalment
loans  up  to  EUR  100,000 with  a  term  of  six to twelve months.  Led by its
founder,  Jorma Jokela,  Ferratum has  more than  1.6 million active  and former
customers  who have  been granted  one or  more loans  in the  past (as at March
31, 2017).

Ferratum Group is listed on the Prime Standard of Frankfurt Stock Exchange under
symbol 'FRU.' For more information, visit www.ferratumgroup.com.



Contacts:

 Ferratum Group                   European media enquiries:
 Dr. Clemens Krause, CFO          Edelman.ergo, A Daniel J Edelman Company
 T: +49 172 1851355               Alexander Schmidt | Andreas Martin
 F: +49 30 88715309               T: +49 69 27 13 89 26
 E: clemens.krause@ferratum.com   E: Alexander.Schmidt@edelmanergo.com
                                  E: Andreas.Martin@edelmanergo.com


 Ferratum Group                   UK media enquiries:
 Paul Wasastjerna                 Smithfield, A Daniel J Edelman Company
 Head of Investor Relations       Alex Simmons | Brett Jacobs
 T: +358 40 7248247               T: +44 20 3047 2543 | +44 20 3047 2537
 F: +358 20 741 1614              E: asimmons@smithfieldgroup.com
 E: paul.wasastjerna@ferratum.com E: bjacobs@smithfieldgroup.com



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