MaltaPost plc - Interim Directors’ Statement

On 8 May, MaltaPost plc issued an announcement to update the market on its operations.

MaltaPost noted that In spite of the challenges being faced, it has continued to deliver postal services uninterruptedly, with only minor disruptions mainly due to health and safety issues. However, other areas of operational activity have been significantly affected, not least by the sharp decline in flight connections to and from Malta. Furthermore, it is as yet unknown when the situation regarding flights is likely to return to normal. As may well be expected, this unplanned interruption is having a negative impact on some of the company’s more important revenue streams and which, in part, are being mitigated through cost management, together with other related efficiencies.