Simonds Farsons Cisk plc - Deferment of Property Spin-Off

Friday, November 10th, 2017

On 10 November 2017, Simonds Farsons Cisk plc revealed that following yesterday’s Company Announcement about the Planning Authority’s indication that it might reject the granting of a permission for the development of Trident Park, the Board of Directors of Farsons has now decided to put into abeyance the plan to spin-off the Company’s shareholding in Trident Estates plc (“Trident”) and the subsequent listing of Trident on the Malta Stock Exchange. Accordingly, Trident has requested the Listing Authority of the MFSA to defer consideration of a Prospectus submitted in this regard.

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