Posts Tagged ‘Forthnet S.A.’

GO plc - Shareholding in Forthnet S.A.

Friday, January 12th, 2018

On 12 January 2018, GO plc announced that further to the Board of Directors’ decision in October 2016 not to participate in the convertible bond issue of Forthnet S.A., its shareholding in Forthnet has now been diluted to 15.19% of Forthnet’s total issued share capital (equivalent to 24,887,737 shares) from 22.605% prior to the conversion […]

GO plc - Forthnet Restructuring Process

Wednesday, August 17th, 2016

On 16 August, GO plc announced that, within the framework of GO’s sales process to TT ML Limited and the ensuing restructuring process, Forgendo Limited (the 50:50 joint venture company between GO and Emirates International Telecommunications (Malta) Limited [EITML]) has transferred its 50% shareholding in Giradena Limited to GO and EITML on a 50:50 basis […]

- The ROE League Table

Thursday, May 12th, 2016

In last week’s article I shared my view that, apart from dividend returns, investors should also take into account the return on equity (ROE) when considering which companies to invest in. Following the end of the 2015 annual reporting season, the updated ROE league table highlights those companies which are generating the highest returns and […]

GO plc - Interim Directors’ Statement

Wednesday, October 21st, 2015

On 21 October, GO plc issued its Interim Directors’ Statement updating the market on its performance up to September 2015. The Directors explained that the positive trends which were registered in the first half of the year continued throughout the third quarter and the Group is anticipating closing the current financial year with increased profitability […]

GO plc - Bidding war emerging for Forthnet?

Thursday, July 3rd, 2014

In recent years, I wrote various articles covering developments at Forthnet and the wider Greek telecoms market due to GO’s indirect investment in Forthnet via the holding company Forgendo Limited. Forgendo is equally owned by GO plc and Emirates International Telecommunications Malta Limited (EITL) – GO’s majority shareholder. In my most recent articles on the […]

GO plc - Forthnet Rights Issue Price

Thursday, August 22nd, 2013

On 22 August, GO plc reproduced the announcement by Forthnet S.A. published on 21 August which confirmed the price of the upcoming rights issue. Forthnet revealed that the rights issue price was set at €0.30, equivalent to the nominal value of the shares. Eligible shareholders will be entitled to subscribe to 15 new shares for […]

GO plc - Go’s minority shareholders await further developments on Forthnet

Thursday, August 22nd, 2013

- BOV down 0.8% despite trading cum-div

Friday, November 2nd, 2012

The share price of Bank of Valletta plc eased lower for the third consecutive session despite still trading with the entitlement to the record final gross dividend of €0.16 per share and the 1 for 9 bonus issue. BOV’s equity retreated by a further 0.8% today to €2.43 on just over 23,000 shares. Notwithstanding the […]

- Daily Market Highlights (01.10.12)

Monday, October 1st, 2012
  • The MSE Share Index kicked off the fourth …
  • On the bond market, the Rizzo Farrugia …
  • The share price of RS2 Software jumped …
  • IHI shares also performed positively with …
  • Likewise, Simonds Farsons Cisk saw its …
  • BOV’s share price partially recovered from …
  • The equity of HSBC slid by 1.1% to €2.70 …

- Daily Market Highlights (28.08.12)

Tuesday, August 28th, 2012
  • MSE Share Index up 1.4% today to …
  • On the bond market, the Rizzo Farrugia MGS …
  • Following last Friday’s announcement by …
  • BOV’s shares maintained their upward …
  • Similarly, the share price of HSBC advanced …
  • The share price of Crimsonwing was lifted …
  • Middlesea’s share price also in positive …