8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): April 26, 2016

PRA Group, Inc.

__________________________________________

(Exact name of registrant as specified in its charter)

Delaware	000-50058	75-3078675
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
120 Corporate Boulevard, Norfolk, Virginia		23502
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 888-772-7326

______________________________________________

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Item.

As previously disclosed by PRA Group, Inc. (the “Company”), PRA Group Polska sp. z o.o., a wholly owned subsidiary of the Company, announced on February 29, 2016 a public tender offer (the “Offer”) for 100% of the shares of DTP S.A., a Poland-based debt collection company (“DTP”). On April 27, 2016, the Company issued a press release announcing the successful completion of the Offer and acquisition of DTP. A copy of the press release announcing the completion of the acquisition is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d)    Exhibits

Exhibit 99.1    Press release dated April 27, 2016

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PRA Group, Inc.
April 27, 2016	By:	/s/ Kevin P. Stevenson
		Name: Kevin P. Stevenson
		Title: President, Chief Administrative Officer,
		and Interim Chief Financial Officer

Exhibit Index

Exhibit No.	Description
99.1	Press release dated April 27, 2016

EX-99.1

PRA Group Announces Successful Completion of DTP S.A. Acquisition

NORFOLK, Va., April 27, 2016 -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, successfully completed its public tender offer to purchase shares of Warsaw-based DTP S.A. (DTP) on April 26, 2016.

As of April 26, 2016, 99.73% of the shares in DTP had been tendered at PLN 4.90 per share (approximately US $1.26 per share), for an aggregate purchase price of PLN 174.5 million (approximately US $45.0 million). PRA has received all approvals and has filed all notices required for the completion of the tender.

“The DTP acquisition further strengthens PRA Group’s position within the competitive marketplace and provides a fully integrated platform for continued growth in the Polish market,” said Steve Fredrickson, chairman and chief executive officer of PRA Group. “This acquisition will allow us to build on each company’s strengths, share best practices, achieve greater operational efficiencies and establish PRA as a leading purchaser in Poland.”

PRA intends to purchase all the remaining shares of DTP through Polish regulatory procedures and will subsequently own 100% of the company. PRA will then initiate the process to withdraw DTP’s shares from public trading and delist the company from the Warsaw Stock Exchange.

About PRA Group

As a global leader in acquiring and collecting nonperforming loans, PRA Group (Nasdaq: PRAA) returns capital to banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.

About DTP S.A.

DTP is a mid-size debt purchaser and debt collector active in the Polish market. The company invests in a range of assets including SME, telecom, utilities and insurance. DTP employs approximately 200 people and has two offices located in Warsaw. DTP is licensed by the Polish regulator (KNF). Its shares are traded on the Warsaw Stock Exchange under the symbol DTP.

Investor Contact:

Darby Schoenfeld

Director of Investor Relations

(757) 431-7913

DCSchoenfeld@PRAGroup.com

News Media Contact:

Nancy Porter

Vice President, Corporate Communications

(757) 431-7950

NAPorter@PRAGroup.com

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