In accordance with MFSA Listing Rules 9.51 and 9.53, FIMBank issued a Company Announcement on 18 May informing the public that it had not entered into any material events or transactions that would have had an impact on the financial position of the Company and its controlled undertakings during the financial period since the start of the financial year on 1 January 2007.
FIMBank also announced that since 1 January 2007, the financial position of the Company has remained sound and the performance has been in line with the trend experienced for the financial year ended 31 December 2006 and the 2007 outlook.
The recent addition of Listing Rules 9.51 and 9.53 apply to Companies whose shares are traded on a Regulated Market and their financial period commences on or after 1 January 2007. These Listing Rules specify the following:
“Without prejudice to the provision of the Prevention of Financial Markets Abuse Act, an Issuer whose shares are admitted to trading on a Regulated Market shall make public a statement by its Directors during the first six-month period of the Financial Year and another statement by its Directors during the second six-month period of the financial year. Such statements shall be made in a period between 10 weeks after the beginning of the first half of the year and six weeks before the end of the relavant period”.