On 27 January 2011 Premier Capital plc announced that with effect from 16 December 2010 changes were made to the share capital of the company:
1. The nominal value of each share was changed from €2.329373 per share to €100 per share;
2. The authorised share capital of the company increased from €4,247,029.32 to €14,291,100 divided into 47,637 Ordinary Class A shares, 47,637 Ordinary Class B shares and 47,637 Ordinary Class C Shares;
3. The issued share capital of the company increased from €3,530,677.24 to €13,574,029.32 divided into 45,249 Ordinary Class A shares, 45,249 Ordinary Class B shares and 45,249 Ordinary Class C shares.
Premier Capital confirmed that the issued share capital of the company is 100% paid up and no changes have been made to the shareholders or to the percentage of shareholding held. The company explained that this increase in share capital was effected through the capitalization of €10,000,045 from its capital reserves.
Moreover, the Premier Group announced that it expanded through the incorporation of two new companies – “Premier Arcades Ltd” and “Premier Assets Malta Limited” whose parent company is “Premier Restaurants Malta Ltd” (a subsidiary of Premier Capital plc).