Nakiki SE / DE000WNDL300

Nakiki SE: New litigation financing agreements: EUR 3 million, option volume EUR 1.5 million

EQS-Ad-hoc: Nakiki SE / Key word(s): Contract/Agreement


29-May-2024 / 06:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Nakiki SE, in future Legal Finance Holding SE, announces 3 new litigation financing agreements:

Real estate purchase agreement:
The seller of non-EU real estate with a value of EUR 10 million suffered damages of approximately EUR 2.3 million as a result of a cancelled property purchase agreement. Legal Finance entered into a litigation funding agreement with the seller to pursue the claim.

Sports car accident:
A policyholder suffered damage in a serious car accident and the insurance company refused to pay the claim for approximately EUR 700,000. Legal Finance entered into a litigation funding agreement with the policyholder to pursue the claim.

Loan agreements:
A borrower refused to repay business loans totalling approximately EUR 550,000. Legal Finance entered into a litigation funding agreement with the lender to enforce the outstanding payments.

The total amount in dispute of the new litigation financing agreements is approximately EUR 3.5 million (excluding costs and interest). The option volume is approximately EUR 1.5 million.

Additional cases are under review.   NAKIKI SE, in future Legal Finance Holding SE
Johnsallee 30
20148 Hamburg Germany
Telephone: [phone]
Internet: https://nakikifinance.com/
E-mail: [e-mail]
Commercial Register: AG Munich HRB 228000
WKN: WNDL30
ISIN: DE000WNDL300
 

End of Inside Information

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29-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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Language:	English
Company:	Nakiki SE
	Johnsallee 30
	20148 Hamburg
	Germany
E-mail:	[e-mail]
Internet:	https://nakikifinance.com/
ISIN:	DE000WNDL300, DE000WNDL318
WKN:	WNDL30, WNDL31
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1913063

End of Announcement	EQS News Service

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1913063  29-May-2024 CET/CEST