The Government of Malta issued a further announcement on 22 January related to the recent Initial Public Offering of MaltaPost plc. Further to the announcement issued on 18 January 2008, the Government stated that in order to ensure the widest distribution of shares as possible among all the applicants, the following allocation policy will be adopted:
• All the minimum applications of 2,000 shares will be met in full;
• Those applicants who applied for more than 2,000 shares will be allotted the first 2,000 shares in full and 1.1062% of the remaining balance.
The Government confirmed that allocation advises and refunds of unallocated monies will be dispatched on 24 January 2008. Meanwhile the shares of MaltaPost p.l.c. will be admitted to the Official List of the Malta Stock Exchange on 24 January 2008 while trading is expected to commence on Friday 25 January 2008.