DGAP-News: ProCredit Holding AG & Co. KGaA / Key word(s): Sustainability
ProCredit Holding granted membership to the Social Stock Exchange
Frankfurt am Main, London, 12 May 2017 - ProCredit Holding AG & Co. KGaA (ProCredit Holding) is now a member of the Social Stock Exchange - Europe's only public market for impact investing. The membership was granted upon ratification of the impact report written by the company and approved for this purpose by the independent Admissions Panel of the Social Stock Exchange.
ProCredit Holding's impact report describes the social impact of the group in both a qualitative and a quantitative way. It highlights the three areas the group has identified as having the greatest social impact: providing financial services for SME clients, enhancing environmental awareness and protection, and developing human resources.
Borislav Kostadinov, Member of the Management Board of ProCredit General Partner AG (personally liable managing partner of ProCredit Holding AG & Co. KGaA), stated: "We are very pleased and honoured to have been accepted as a member of the Social Stock Exchange and thereby obtain the opportunity to present ourselves to investors who focus on impact investing. Social responsibility is one of the core values of our group, which is why we invest great effort in making a positive impact on the societies in which we operate. With our sustainable and development-oriented business approach, we are very confident that membership in the Social Stock Exchange is an excellent way to raise our visibility to investors who might be just the right fit for us."
Tomás Carruthers, Chief Executive of the Social Stock Exchange, commented: "We know that having access to a suite of competitive financial services is critical in helping small businesses flourish and in turn make a social impact of their own, especially in developing economies. This objective sits at the heart of ProCredit's mission and with this in mind I am delighted to welcome them to the growing membership of the Social Stock Exchange."
The Social Stock Exchange provides access to the world's first regulated exchange dedicated to businesses and investors seeking to achieve a positive social and environmental impact through their activities. The aim of the exchange is to help these businesses connect with investors and unlock capital at scale. All issuer member companies must meet a rigorous set of criteria before joining, including the publication of an Impact Report.
The Social Stock Exchange has an agreement with NEX Exchange (formerly ISDX) to operate the Social Stock Exchange branded market segment for impact businesses.
The Social Stock Exchange Ltd (FRN: 625231) is an appointed representative of Kession Capital Limited (FRN: 582160) which is authorised and regulated by the Financial Conduct Authority ("FCA") in the UK.
NEX is a Recognised Investment Exchange operating a regulated market and a growth market and provides a secondary market trading facility. NEX is supervised by the FCA.
12.05.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||ProCredit Holding AG & Co. KGaA|
|60486 Frankfurt am Main|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Tradegate Exchange|
|End of News||DGAP News Service|