News & Events

Nov 20, 2018



Medserv plc - Award of a Major Contract

Tuesday, November 20th, 2018

On 20 November 2018, Medserv plc announced that it has been awarded a new shore base contract valued at USD30.6 million (equivalent to €26.8 million) in a new geographical market. The contract is for a period of fifteen months commencing 1 January 2019 and was awarded to Medserv following an international tendering process where the […]

BMIT Technologies plc - Upcoming IPO

Monday, November 19th, 2018

Further to the company announcement issued by GO plc dated 3 October 2018 informing the market of its intention of disposing of up to 49% of its shareholding in its wholly-owned subsidiary BMIT Technologies plc (“BMIT”), GO had also issued an Explanatory Circular and BMIT also published a slideshow regarding the upcoming initial public offering. […]

Melite Finance plc - Details of New Bond Issue

Wednesday, November 14th, 2018

On 14 November 2018, Melite Finance plc issued a formal notice in connection with a €9.25 million secured bond issue having a coupon of 4.85% and maturing in 2028. The salient details of the new bond issue are as follows: Coupon: 4.85% Amount Offered: €9.25 million Issue Price: 100% (par) Interest Payment Date: Annually on […]

Malta International Airport plc - Interim Directors’ Statement

Monday, November 12th, 2018

On 12 November 2018, Malta International Airport plc (“MIA”) published an Interim Directors’ Statement updating the market on its financial performance since the start of the year. The Directors noted that during the nine-month period under review, the financial position of the company has remained sound and that its performance has been superior to the […]

Lombard Bank Malta plc - Stake Held by the NDSF

Friday, November 9th, 2018

On 9 November 2018, Lombard Bank Malta plc announced that it has today been notified by the National Development and Social Fund (“NDSF”) of its firm intention to dispose of all or part of its shareholding in Lombard and to commence the process for the disposal in an orderly manner. The NDSF informed the Bank […]

HSBC Bank Malta plc - Interim Directors’ Statement

Friday, November 9th, 2018

On 9 November 2018, HSBC Bank Malta plc issued an Interim Directors’ Statement updating the market on its performance from January to September 2018. The Bank noted that pre-tax profits were lower when compared to the first nine months of 2017 as a result of the persisting low interest rate environment, reduction in the corporate […]

Malta International Airport plc - October Traffic Results

Wednesday, November 7th, 2018

On 7 November 2018, Malta International Airport plc published the October 2018 traffic results revealing an 8.4% increase in passenger movements over October 2017 to 646,559 movements – a record for the month of October. The growth registered in October 2018 was due to the 11% increase in seat capacity which offset the two percentage […]

Bank of Valletta plc - Shareholding of Unicredit

Friday, November 2nd, 2018

On 2 November 2018, Bank of Valletta plc announced that further to the earlier communication dated 18 April 2018, the Bank is informed that the conditions precedent in the preliminary agreement, entered into by Amalgamated Investments SICAV plc with UniCredit S.p.A. to acquire UniCredit’s shareholding in BOV, were not all satisfied by 31 October 2018 and accordingly, the agreement is automatically […]

GO plc - Explanatory Circular for EGM

Thursday, November 1st, 2018

On 1 November 2018, GO plc issued an explanatory circular related to the Extraordinary General Meeting (“EGM”) which is scheduled for Monday 3 December 2018. The EGM will be held in relation to the proposed sale of up to 49% of GO’s shareholding in BMIT Technologies plc (“BMIT”) through an Initial Public Offering. Shareholders of […]