Notice of EGM
20 December 2007
Mobile Credit Baltic plc, the online provider of consumer loans to borrowers in Finland, Estonia, Latvia and Lithuania, will be holding an EGM on 14 January 2008 to seek shareholder approval to increase its authorised share capital, and to grant the Board authority to allot a certain number of shares in the Company to investors on a non pre-emptive basis.
The Company expects significant further growth in 2008 and wishes to be in a position of flexibility whereby it can take advantage of market conditions and/or investor appetite for equity investment to support the Group's growth plans.
A notice of EGM has been sent to shareholders. The notice is also available in the Shareholder Information section of the Company’s website at www.mobilecreditbaltic.com.
Enquiries
| Mobile Credit Baltic plc | |
| Rami Ryhänen, Chief Executive | +372 5300 8332 |
| rami@mobilecredit.ee | www.mobilecreditbaltic.com |
| Henry Nilert, CFO | +358 451 370 065 |
| henry@mobilecredit.ee | www.mobilecreditbaltic.com |
Media enquiries:
Capital MS&L:
| Peter Curtain / James Madsen | +44 (0) 20 7307 5330 |
| james.madsen@capitalmsl.com | www.capitalmsl.com |
Nominated Adviser
Libertas Capital:
| Matthew Hindhaugh / Stephen Pickup | +44 (0) 20 7569 9650 |