On 6 October Melita Capital plc announced the allotment policy with respect to its recent €25 million 7.15% 2014 – 2016 bond issue. The Company received a total of €25,878,300 and as a result of the marginal oversubscription it exercised part of the overallotment option to satisfy all the demand.
Melita Capital received €14,426,100 in applications at the pre-placement stage and a further €11,452,200 during the General Public Offering. The Company announced that all applications received by 29 September will be met in full.
Interest started to accrue on 6 October and the bonds will shortly be admitted to the Alternative Companies List of the Malta Stock Exchange.