Investor Relations

Vostok Emerging Finance Ltd (“VEF” or the “Company”) is an investment company listed in Sweden, that invests in growth stage private fintech companies. We take minority stakes and are active investors with board representation in each of our portfolio companies, always looking to back the best entrepreneurs in the markets we are in. We focus on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The Swedish Depository Receipts (SDRs) of Vostok Emerging Finance Ltd are listed on Nasdaq First North Growth Market, with the ticker VEMF SDB. Vostok Emerging Finance’s Certified Adviser on Nasdaq First North is Pareto Securities AB.

Share Information

Owner List

Name Num. of shares Capital Votes Verified
Libra Fund 179,336,674 27.11% 27.11% 2019-10-02
Ruane, Cunnif & Goldfarb 135,127,741 20.43% 20.43% 2019-10-02
Swedbank Robur Funds 57,674,245 8.72% 8.72% 2020-02-29
Fidelity International (FIL) 53,693,214 8.12% 8.12% 2020-02-29
Wellington Management 31,857,094 4.82% 4.82% 2019-10-08
GADD & Cie S.A. 15,660,000 2.37% 2.37% 2020-02-29
Svenska Handelsbanken AB for PB 15,288,000 2.31% 2.31% 2020-02-29
Avanza Pension 13,174,820 1.99% 1.99% 2020-02-29
David Nangle 9,795,140 1.48% 1.48% 2019-06-05
Vostok Emerging Finance LTD 7,076,218 1.07% 1.07% 2020-02-29
Total 10 518,683,146 78.41% 78.41%
Others 142,887,348 21.59% 21.59%
Total number of shares 661,570,494 2020-04-04

Owner Country Distribution

Country Capital Votes Num. of shares Num. of known owners
United States 61.68% 61.68% 408,026,848 13
Sweden 24.83% 24.83% 164,226,967 9,568
Switzerland 2.78% 2.78% 18,424,240 11
Luxembourg 2.31% 2.31% 15,310,998 4
Ireland 1.48% 1.48% 9,809,240 2
Bulgaria 0.16% 0.16% 1,070,000 1
United Kingdom 0.13% 0.13% 866,636 20
South Africa 0.13% 0.13% 840,000 2
France 0.11% 0.11% 756,139 16
Denmark 0.06% 0.06% 386,092 70
Others 0.09% 0.09% 581,897 97
Anonymous 6.23% 6.23% 41,271,437 -
Total 100.00% 100.00% 661,570,494 9,804

Owner Holdings Distribution

Owner distribution by holding Capital Votes Num. of shares Num. of known owners
1 - 500 0.11% 0.11% 696,320 4,402
501 - 1 000 0.15% 0.15% 995,299 1,212
1 001 - 5 000 0.93% 0.93% 6,145,816 2,361
5 001 - 10 000 0.96% 0.96% 6,331,297 807
10 001 - 20 000 1.08% 1.08% 7,134,846 469
20 001 - 50 000 1.58% 1.58% 10,469,650 321
50 001 - 100 000 1.17% 1.17% 7,745,791 103
100 001 - 500 000 3.18% 3.18% 21,004,916 92
500 001 - 1 000 000 2.00% 2.00% 13,254,814 17
1 000 001 - 5 000 000 3.32% 3.32% 21,936,914 9
5 000 001 - 10 000 000 3.44% 3.44% 22,771,606 3
10 000 001 - 50 000 000 11.49% 11.49% 75,979,914 4
50 000 001 - 100 000 000 16.83% 16.83% 111,367,459 2
100 000 000 - 47.54% 47.54% 314,464,415 2
Anonymous 6.23% 6.23% 41,271,437 -
Total 100.00% 100.00% 661,570,494 9,804

Owner Type Distribution

Type Shares Capital Votes Num. of known owners
Fund company 300,021,738 45.35% 45.35% 8
Foundation 180,241,074 27.25% 27.25% 7
Private Individuals 84,490,083 12.77% 12.77% 9,415
Other 38,940,103 5.89% 5.89% 365
Pension & Insurance 9,529,841 1.44% 1.44% 8
Treasury Shares 7,076,218 1.07% 1.07% 1
Investment & PE 0 0.00% 0.00% 0
State 0 0.00% 0.00% 0
Anonymous 41,271,437 6.23% 6.23% -
Total 661,570,494 100.00% 100.00% 9,804

Owner Concentration

Concentration Concentration Capital Votes Num. of shares
The 10 biggest owners 10 78.41% 78.41% 518,683,146
The 20 biggest owners 20 82.62% 82.62% 546,520,308
The 30 biggest owners 30 83.98% 83.98% 555,529,226

Stock Table

Stock Vostok Emerging Finance
Stock VEMF SDB
Latest Price 2.01 SEK
Return today +1.8%
MCAP 1 330 MSEK
Return this year -31.6%
Total return this year -31.6%
Year Low 1.63 SEK
Year High 3.49 SEK
ATH 3.49 SEK

Stock Chart

Presentations, Financial Reports, Press Releases

View Press Releases

General Meetings & Corporate Documents

General Meetings

Annual General Meeting 2019
Notice of Annual General Meeting 2019 in Vostok Emerging Finance
Proposal and motivated statement of the Nomination Committee of Vostok Emerging Finance for the Annual General Meeting 2019
Proposal by the Board of Directors regarding remuneration principles for the senior management
Proposal by the Board of Directors regarding long term incentive program
Proxy form
AGM Minutes
Annual General Meeting 2018
Notice of Annual General Meeting 2018
The proposal of the Nomination Committee of Vostok Emerging Finance Ltd and the motivated statement for the annual general meeting 2018
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding remuneration principles for the senior management
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding long term incentive programme
Proxy form
AGM Minutes
Annual General Meeting 2017
Notice of Annual General Meeting 2017
The proposal of the Nomination Committee of Vostok Emerging Finance Ltd and the motivated statement for the annual general meeting 2017
Proxy form
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding remuneration principles for the senior management
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding introduction of new long term incentive programme
AGM Minutes
Annual General Meeting 2016
Notice of Annual General Meeting 2016
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding remuneration principles for the senior management
Proposal by the Board of Directors in Vostok Emerging Finance Ltd regarding introduction of new long term incentive programme
Proxy form
Minutes from the AGM 2016
Special General Meeting 2015
Notice of Special General meeting 2015
Minutes from the SGM 2015
Proxy form

Corporate Documents

Financial Calendar

Event Name Date
Twelve month report 2019 February 12, 2020
Annual report 2019 March 25, 2020
1Q report 2020 April 29, 2020
AGM 2020 May 13, 2020
2Q report 2020 July 30, 2020
3Q report 2020 November 4, 2020
Twelve month report 2020 February 10, 2021

Insiders

Insider Transactions

Reported Insider Instrument Type Delta Price Relative change Holding Transaction date
2020-03-11 13:55 Helena Caan Matsson VEMF SDB Förvärv +8,000 +2.2% 370,101 2020-03-06
2020-03-03 12:35 Helena Caan Matsson VEMF SDB Förvärv +7,101 +2.0% 362,101 2020-03-02
2020-02-12 12:22 Helena Caan Matsson VEMF SDB Förvärv +15,000 +4.4% 355,000 2020-02-12
2019-12-18 11:38 Helena Caan Matsson VEMF SDB Förvärv +30,000 +9.7% 340,000 2019-12-18
2019-12-14 11:02 Elisabet Hultén VEMF SDB Förvärv +15,000 +42.9% 50,000 2019-12-13
2019-12-09 16:33 Henrik Stenlund VEMF SDB Förvärv +14,250 +2.4% 602,000 2019-12-09
2019-10-02 16:39 Henrik Stenlund VEMF SDB Förvärv +12,450 +2.2% 587,750 2019-10-02
2019-09-26 19:11 Helena Caan Matsson VEMF SDB Förvärv +5,906 +1.9% 310,000 2019-09-26
2019-09-26 14:58 Libra Fund VEMF SDB Förvärv +16,526,000 +10.3% 177,636,674 2019-09-25
2019-09-09 18:04 Henrik Stenlund VEMF SDB Förvärv +13,300 +2.4% 575,300 2019-09-09
2019-08-19 09:28 Helena Caan Matsson VEMF SDB Förvärv +14,094 +4.9% 304,094 2019-08-16
2019-08-16 11:37 Henrik Stenlund VEMF SDB Förvärv +32,000 +6.0% 562,000 2019-08-16
2019-07-14 23:54 Helena Caan Matsson VEMF SDB Förvärv +85,000 +41.5% 290,000 2019-07-12
2019-07-12 12:05 Alexis Koumoudos VEMF SDB Förvärv +335,000 +96.8% 680,910 2019-07-11
2019-07-11 14:05 Elisabet Hultén VEMF SDB Förvärv +10,000 +40.0% 35,000 2019-07-10
2019-07-11 12:57 Milena Ivanonva VEMF SDB Förvärv +470,000 +78.3% 1,070,000 2019-07-10
2019-07-10 17:14 Henrik Stenlund VEMF SDB Förvärv +78,815 +17.5% 530,000 2019-07-10
2018-12-07 11:13 Henrik Stenlund VEMF SDB Förvärv +14,000 +3.5% 411,485 2018-12-07
2018-09-05 02:00 Helena Can Mattsson VEMF SDB Förvärv +25,000 - - 2018-09-05
2018-08-24 02:00 Elisabet Hultén VEMF SDB Förvärv +25,000 - - 2018-08-23
2018-08-23 02:00 Henrik Stenlund VEMF SDB Förvärv +13,225 - - 2018-08-23
2018-07-11 02:00 Helena Can Mattsson VEMF SDB Förvärv +20,000 - - 2018-07-11
2018-07-09 02:00 Henrik Stenlund VEMF SDB Förvärv +12,560 - - 2018-07-09
2018-06-04 02:00 Savvas Koumoudos VEMF SDB Förvärv +120,200 - - 2018-05-31
2018-06-01 02:00 Henrik Stenlund VEMF SDB Förvärv +12,460 - - 2018-06-01
2018-05-17 02:00 Henrik Stenlund VEMF SDB Förvärv +12,500 - - 2018-05-17
2018-05-16 02:00 Helena Can Mattsson VEMF SDB Förvärv +30,000 - - 2018-05-16
2018-04-13 02:00 Helena Can Mattsson VEMF SDB Förvärv +20,000 - - 2018-04-11
2018-04-09 02:00 Henrik Stenlund VEMF SDB Förvärv +12,720 - - 2018-04-09
2018-04-09 02:00 Helena Can Mattsson VEMF SDB Förvärv +10,245 - - 2018-04-05
2018-04-09 02:00 Helena Can Mattsson VEMF SDB Förvärv +27,000 - - 2018-04-09
2018-03-28 02:00 Helena Can Mattsson VEMF SDB Förvärv +8,246 - - 2018-03-28
2018-03-19 01:00 Helena Can Mattsson VEMF SDB Förvärv +755 - - 2018-03-16
2018-03-14 01:00 Helena Can Mattsson VEMF SDB Förvärv +5,754 - - 2018-03-14
2018-03-08 01:00 Helena Can Mattsson VEMF SDB Förvärv +30,017 - - 2018-03-07
2018-03-07 01:00 Henrik Stenlund VEMF SDB Förvärv +23,150 - - 2018-03-07
2018-01-09 01:00 Libra Fund Lp VEMF SDB Förvärv +5,000,000 - - 2018-01-08
2018-01-08 01:00 Helena Can Mattsson VEMF SDB Förvärv +15,000 - - 2018-01-05
2018-01-08 01:00 Henrik Stenlund VEMF SDB Förvärv +22,250 - - 2018-01-08
2018-01-05 01:00 Helena Can Mattsson VEMF SDB Förvärv +3,550 - - 2018-01-04
2017-12-13 01:00 Helena Can Mattsson VEMF SDB Förvärv +9,433 - - 2017-12-11
2017-12-12 01:00 Henrik Stenlund VEMF SDB Förvärv +23,820 - - 2017-12-11
2017-10-06 02:00 Henrik Stenlund VEMF SDB Förvärv +28,000 - - 2017-10-05
2017-10-05 02:00 Ranjan Tandon VEMF SDB Förvärv +3,060,000 - - 2017-09-28
2017-09-04 02:00 Ranjan Tandon VEMF SDB Förvärv +3,060,000 - - 2017-08-31
2017-08-30 02:00 Henrik Stenlund VEMF SDB Förvärv +15,000 - - 2017-08-30
2017-07-06 02:00 Henrik Stenlund VEMF SDB Förvärv +12,500 - - 2017-07-05
2017-06-27 02:00 Henrik Stenlund VEMF SDB Förvärv +600 - - 2017-06-27
2017-06-21 02:00 Nadezjda Borisova VEMF SDB Förvärv +3,739 - - 2017-06-20
2017-06-12 02:00 Savvas Koumoudos VEMF SDB Förvärv +150,710 - - 2017-06-08

Insider Positions

Insider owner Insider Position Num. of shares Capital Votes Value Verified
Libra Fund Libra Fund Board member 179,336,674 27.11% 27.11% 360.47 MSEK 2019-10-02
David Nangle David Nangle CEO 9,795,140 1.48% 1.48% 19.69 MSEK 2019-06-05
Per Brilioth Per Brilioth Board member 2,790,000 0.42% 0.42% 5.61 MSEK 2020-02-29
Milena Ivanonva Milena Ivanonva Board member 1,070,000 0.16% 0.16% 2.15 MSEK 2020-02-29
Alexis Koumoudos Alexis Koumoudos Other position 680,910 0.10% 0.10% 1.37 MSEK 2020-02-29
Henrik Stenlund Henrik Stenlund Other position 602,000 0.09% 0.09% 1.21 MSEK 2019-12-09
Voria Fattahi Voria Fattahi Board member 439,703 0.07% 0.07% 0.88 MSEK 2018-12-31
Helena Caan Matsson Helena Caan Matsson Other position 370,101 0.06% 0.06% 0.74 MSEK 2020-03-06
Lars O Grönstedt Lars O Grönstedt Chairman 130,000 0.02% 0.02% 0.26 MSEK 2018-12-31
Elisabet Hultén Elisabet Hultén Other position 50,000 0.01% 0.01% 0.10 MSEK 2019-12-13
Ranjan Tandon Ranjan Tandon Board member 0 < 0.01% < 0.01% 0.00 MSEK
Total 195,264,528 29.52% 29.52% 392.48 MSEK

Related News & Research