MaltaPost plc - Quote

MaltaPost plc - Profile

MaltaPost plc is Malta’s largest postal services company and was designated as the Universal Service Provider (USP) in Malta under the Postal Services Act. The Company was registered on 16 April 1998 and commenced trading on 1 May 1998 in terms of a licence granted to it by the Government for the operation of postal services in Malta. The Company took over the operations of the former Posts Department. MaltaPost has the exclusive right to operate postal services which are reserved for the USP until the process of liberalisation in the postal sector is completed by 1 January 2013.

The Company operates through its network of 33 post offices situated throughout Malta and Gozo complemented by 27 sub-post offices, 5 delivery hubs and 431 stamp vendors.

The mail division provides comprehensive services for collecting, sorting, transporting and distributing domestic and international mail including a registered and insured postal service. The Company, through its international arrangements within the Universal Postal Union (UPU), has the capability to deliver and receive all items of mail between all countries worldwide. MaltaPost also provides a number of direct mail services, principally for its business customers. These include document management and scanning, invoice processing, printing, folding, labelling and enveloping. Additional services include the provision of a business reply service and unaddressed advertising mail. MaltaPost also provides fast, trackable and secure delivery both within Malta and Gozo and worldwide through its Express Mail Service and MaltaPost Express International. The Company operates full service PO Box facilities in various localities which also include related scheduled pick-up and delivery services. It also provides local door-to-door distribution services, including warehousing, fulfilment and distribution services of sundry merchandise. Internationally, the philatelic history of Malta ranks among the oldest and most respected, attracting considerable interest from collectors. Through its Philatelic Bureau, MaltaPost provides philatelic products ranging from traditional stationery to stamp albums and personalised stamps.

Lombard Bank Malta plc, through its 100% owned subsidiary Redbox Limited, is the majority shareholder of MaltaPost plc with a 60% shareholding. In August 2006 it had acquired a 35% shareholding from Transend Worldwide Ltd of New Zealand and a further 25% shareholding was purchased from the Government of Malta in September 2007.

The Directors of MaltaPost plc are: Joseph Said (Chairman), Aurelio Theuma, Joseph Azzopardi, David Stellini and Philip Tabone.

Share Capital

On 24 January 2008, 28,000,000 shares of MaltaPost plc a nominal value of EUR0.25 each were admitted to the Official List of the Malta Stock Exchange following a Share Offer by the Government of Malta and Malta Government Investments Limited of 11,200,000 shares (40% of the issued share capital) at a price of EUR0.50 per share.

MaltaPost plc - Financials

MaltaPost plc Interim Accounts

MaltaPost plc Final Accounts

News for MaltaPost plc

MaltaPost plc - Downloads

• MaltaPost plc - Annual General Meeting Presentation - February 2010 (1,019.1 KiB, 76 hits)
• MaltaPost plc - 2009 Annual Report & Financial Statements (1.1 MiB, 78 hits)
• MaltaPost plc - Initial Public Offering Document January 2008 (1.9 MiB, 87 hits)
• Maltapost plc - Initial Public Offering Presentation December 2007 (1.2 MiB, 81 hits)