Lombard Bank Malta plc - Listing of New Shares

On 29 April 2010 the Malta Stock Exchange announced the admission of 479,111 new Lombard Bank Malta plc shares to the Official List as a result of the scrip dividend issue. On 1 April Lombard Bank had recommended the payment of a gross dividend of €0.10 per share which was approved at the recent Annual General Meeting which took place on Thursday 22 April. Shareholders had the option of receiving the dividend either in cash or in new shares at an attribution price of €3.04. The take-up of 479,111 shares represents an acceptance rate of 62.9%. Following the scrip dividend, the total number of shares in issue increased to 36,092,692.

Comments are closed.