6pm Holdings plc - Allocation Policy
On 31 July, 6pm Holdings plc announced the allocation policy in connection with its recent €13 million 5.1% unsecured bond issue.
Shareholders of 6pm applied for a total of €21,775,400. As a result, the Company will be adopting the following allocation policy:
- Applications for up to €5,000 will be satisfied in full;
- Applications for amounts over €5,000 will be allotted €5,000 plus a further amount based on the number of 6pm ordinary shares held by the applicant as a proportion of the aggregate number of 6pm ordinary shares held by Bond subscribers.
All amounts being allocated have been rounded to the nearest €100.
Interest on the Bonds will commence as from 31 July 2015 and refunds of unallocated monies will be made by 7 August 2015. The Bonds are expected to be admitted to the Official List of the Malta Stock Exchange on 7 August 2015 and trading is expected to commence on Monday 10 August 2015.