The BEST Group, one of the leading debt collecting companies on the market, with its shares listed on the Warsaw Stock Exchange, has set up a profile on Twitter (@BEST_Grupa). With the help of Twitter the BEST Group wishes to streamline communication with its investors, business partners and the media.
Setting up the @BEST_Grupa profile is a further measure to facilitate communication between investors and the Company, and forms the perfect way of gathering information about the business activity of the BEST Group. In the past few days the “For Investors” tab at www.best.com.pl has also been optimized,increasing the transparency of the information published on the website.
For over 18 years BEST has been listed on the Warsaw Stock Exchange; however, due to the small number of shares outstanding the Company’s share trade has been limited. Recently, BEST has taken a series of actions aimed at increasing share availability for investors. The Company has joined the Liquidity Support Programme and BEST shares have been transferred to continuous trading. An agreement with the BOŚ brokerage house, who is a market maker, was also concluded. Moreover, the Company is planning to split its shares in a 1:4 ratio. Such a proposal was put on the agenda of the Annual General Meeting convened on 15 June of this year.
Furthermore, The BEST group has been an active participant of the corporate bond market. The Company and the funds managed by BEST TFI have issued bonds with a total value of PLN 0.5 billion, half of which has already been purchased. Most of the BEST bond series are listed on Catalyst.
General information about BEST
BEST S.A. has been listed on the Warsaw Stock Exchange since 1997. The company specialises in the trading and management of non-performing receivables. The BEST Group actively invests in receivables portfolios (especially in the field of banking) with the use of securitisation funds and provides debt collection services for third parties: banks, telecommunications operators, power companies and other mass service providers.
BEST is also the sole shareholder of BEST TFI which obtained its licence to operate from the Polish Financial Supervision Authority (KNF) in 2008. The combination of expertise in the fields of debt collection and that of the establishment and management of investment funds has helped the entity to concentrate all the elements of its business model within one capital group.
Currently, BEST TFI manages four funds, including three securitisation funds: BEST I NSFIZ, BEST II NSFIZ and BEST III NSFIZ, whose assets include portfolios of receivables with a total nominal value of over PLN 9 billion (as of the end of Q1 2015) and the non-public assets fund BEST Capital FIZAN.
For more information visit www.best.com.plor contact:
tel. 22 826 74 18 / mob. 516 173 691
tel. 22 826 74 18 / mob. 514 985 845