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, Cunniff & Goldfarb 135,127,741 20.43% 20.43% 2019-10-02
Fidelity International (FIL) 59,571,751 9.01% 9.01% 2019-10-31
Swedbank Robur Funds 57,674,245 8.72% 8.72% 2019-11-30
Wellington Management 31,857,094 4.82% 4.82% 2019-10-08
GADD & Cie S.A. 16,660,000 2.52% 2.52% 2019-09-30
Svenska Handelsbanken AB for PB 15,288,000 2.31% 2.31% 2019-11-30
Avanza Pension 11,341,521 1.71% 1.71% 2019-11-30
David Nangle 9,795,140 1.48% 1.48% 2019-06-05
Vostok Emerging Finance LTD 6,016,218 0.91% 0.91% 2019-11-30
Total 10 522,668,384 79.01% 79.01%
Others 138,827,611 20.99% 20.99%
Total number of shares 661,495,995 2019-12-06

Owner Country Distribution

Country Capital Votes Num. of shares Num. of known owners
United States 62.51% 62.51% 413,493,963 11
Sweden 24.07% 24.07% 159,217,100 8,074
Switzerland 2.98% 2.98% 19,714,240 11
Luxembourg 2.31% 2.31% 15,310,521 3
Ireland 1.48% 1.48% 9,809,240 2
Bulgaria 0.16% 0.16% 1,070,000 1
United Kingdom 0.13% 0.13% 875,435 19
South Africa 0.12% 0.12% 820,000 2
France 0.11% 0.11% 758,744 15
Denmark 0.06% 0.06% 380,381 63
Others 0.08% 0.08% 554,346 90
Anonymous 5.97% 5.97% 39,492,025 -
Total 100.00% 100.00% 661,495,995 8,291

Owner Holdings Distribution

Owner distribution by holding Capital Votes Num. of shares Num. of known owners
1 - 500 0.09% 0.09% 597,947 3,973
501 - 1 000 0.12% 0.12% 771,132 930
1 001 - 5 000 0.70% 0.70% 4,650,221 1,769
5 001 - 10 000 0.78% 0.78% 5,172,660 666
10 001 - 20 000 0.94% 0.94% 6,229,785 407
20 001 - 50 000 1.53% 1.53% 10,091,341 311
50 001 - 100 000 1.15% 1.15% 7,635,695 103
100 001 - 500 000 3.31% 3.31% 21,912,133 94
500 001 - 1 000 000 1.84% 1.84% 12,203,582 16
1 000 001 - 5 000 000 4.55% 4.55% 30,071,090 12
5 000 001 - 10 000 000 2.39% 2.39% 15,811,358 2
10 000 001 - 50 000 000 11.36% 11.36% 75,146,615 4
50 000 001 - 100 000 000 17.72% 17.72% 117,245,996 2
100 000 000 - 47.54% 47.54% 314,464,415 2
Anonymous 5.97% 5.97% 39,492,025 -
Total 100.00% 100.00% 661,495,995 8,291

Owner Type Distribution

Type Shares Capital Votes Num. of known owners
Fund company 307,020,758 46.41% 46.41% 7
Foundation 180,241,074 27.25% 27.25% 7
Private Individuals 78,989,285 11.94% 11.94% 7,926
Other 40,565,627 6.13% 6.13% 343
Pension & Insurance 9,171,008 1.39% 1.39% 7
Treasury Shares 6,016,218 0.91% 0.91% 1
Investment & PE 0 0.00% 0.00% 0
State 0 0.00% 0.00% 0
Anonymous 39,492,025 5.97% 5.97% -
Total 661,495,995 100.00% 100.00% 8,291

Owner Concentration

Concentration Concentration Capital Votes Num. of shares
The 10 biggest owners 10 79.01% 79.01% 522,668,384
The 20 biggest owners 20 83.25% 83.25% 550,664,940
The 30 biggest owners 30 84.67% 84.67% 560,056,187

Stock Table

Stock Vostok Emerging Finance
Stock VEMF SDB
Latest Price 3.23 SEK
Return today -1.8%
MCAP 2 176 MSEK
Return this year +84.6%
Total return this year +84.6%
Year Low 1.75 SEK
Year High 3.46 SEK
ATH 3.46 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 2018 February 20, 2019
Annual report 2018 March 28, 2019
1Q report 2019 May 15, 2019
AGM 2019 May 21, 2019
2Q report 2019 August 14, 2019
3Q report 2019 November 13, 2019
Twelve month report 2019 February 12, 2020

Insiders

Insider Transactions

Reported Insider Instrument Type Delta Price Relative change Holding Transaction date
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 Helena Can Mattsson VEMF SDB Förvärv +27,000 - - 2018-04-09
2018-04-09 02:00 Helena Can Mattsson VEMF SDB Förvärv +10,245 - - 2018-04-05
2018-04-09 02:00 Henrik Stenlund VEMF SDB Förvärv +12,720 - - 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 Henrik Stenlund VEMF SDB Förvärv +22,250 - - 2018-01-08
2018-01-08 01:00 Helena Can Mattsson VEMF SDB Förvärv +15,000 - - 2018-01-05
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
2017-06-09 02:00 Anders Börjesson VEMF SDB Förvärv +12,500 - - 2017-06-07
2017-06-08 02:00 Henrik Stenlund VEMF SDB Förvärv +55,000 - - 2017-06-08
2017-06-01 02:00 Savvas Koumoudos VEMF SDB Förvärv +25,000 - - 2017-06-01
2017-06-01 02:00 Henrik Stenlund VEMF SDB Förvärv +14,000 - - 2017-06-01
2017-05-24 02:00 Henrik Stenlund VEMF SDB Förvärv +1 - - 2017-05-23
2017-05-23 02:00 Anders Börjesson VEMF SDB Förvärv +132 - - 2017-05-23

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% 579.26 MSEK 2019-10-02
David Nangle David Nangle CEO 9,795,140 1.48% 1.48% 31.64 MSEK 2019-06-05
Per Brilioth Per Brilioth Board member 2,790,000 0.42% 0.42% 9.01 MSEK 2019-11-30
Milena Ivanonva Milena Ivanonva Board member 1,070,000 0.16% 0.16% 3.46 MSEK 2019-11-30
Alexis Koumoudos Alexis Koumoudos Other position 680,910 0.10% 0.10% 2.20 MSEK 2019-11-30
Henrik Stenlund Henrik Stenlund Other position 587,750 0.09% 0.09% 1.90 MSEK 2019-10-02
Voria Fattahi Voria Fattahi Board member 439,703 0.07% 0.07% 1.42 MSEK 2018-12-31
Helena Caan Matsson Helena Caan Matsson Other position 310,000 0.05% 0.05% 1.00 MSEK 2019-09-26
Lars O Grönstedt Lars O Grönstedt Chairman 130,000 0.02% 0.02% 0.42 MSEK 2018-12-31
Éire Smith Éire Smith Other position 14,100 < 0.01% < 0.01% 0.05 MSEK 2019-11-30
Ranjan Tandon Ranjan Tandon Board member 0 < 0.01% < 0.01% 0.00 MSEK
Total 195,154,277 29.50% 29.50% 630.35 MSEK

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