Admission to GXG First Quote

LONDON--()--

EAST ASSETS PLC: Admission to GXG First Quote

The directors of East Assets Plc, (EAST) a public company registered in England & Wales, are pleased to announce that the company has been admitted to GXG Markets First Quote.

The Company’s overriding mission is to create extraordinary value for its shareholders through being a pace-setting, innovative and highly dynamic Consumer Loans Company focusing on Eastern Europe.

EAP is engaged in the East European consumer loans markets where it intends to become a major operator. EAP is currently focused on developing a substantial chain of pawn shops in the Ukraine. The Company uses the experience of its management team to identify, acquire, establish and operate such businesses.

Emphasis on highly collateralised Pawn Broking products and the massive increase in opportunities this sector has experienced in the Ukraine and Russia in particular, and its continued expansive growth all over the region, is where the main drive of the company lies.

East Assets PLC will achieve its mission through an on-going programme of developments, deployments and, where appropriate, acquisitions of suitable and relevant Pawn Shop Businesses, all with extremely attractive commercial potential.

The Company’s operations are highly lucrative with minimum risk attached. EAP exclusively lends against precious metal with low LTV thus minimizing operational risk.

IF YOU WOULD LIKE MORE INFORMATION ABOUT THE COMPANY AND THE BUSINESS, OR TO SCHEDULE AN INTERVIEW WITH KJELL SJÖSTRAND OR MATS HARTLING, YOU CAN CONTACT MATS HARTLING BY PHONE +44 (0)7785 705012 OR EMAIL: INVESTORRELATIONS@EASTASSETSPLC.COM

Category Code: MSC
Sequence Number: 360792
Time of Receipt (offset from UTC): 20130123T161023+0000

Contacts

East Assets Plc

Release Summary

GXG Markets East Assets plc consumer loans pawn broking Ukraine

Contacts

East Assets Plc