Lombard Bank Malta plc - Stake Held by the NDSF

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 that the completion of the disposal shall be conditional and dependent on market conditions, regulatory approvals and other conditions which are currently being evaluated by the NDSF. The NDSF holds 21,651,746 ordinary shares of Lombard, representing 49.01% of the total issued share capital of the Bank.