Bank of Valletta plc - La Valette Multi-Manager Property Fund Offer closed

On 30 June 2011 Bank of Valletta announced that its conditional offer to investors of acquiring all the shares in the Fund at a price of €0.75 per share was closed. The Bank explained that acceptance of the offer amounted to 94.4% of investors in the Fund, representing 95.2% of the shares in issue.

BOV stated that the payments of the amounts due are being processed and will reach individual investors who accepted the Offer by not later than next Wednesday 6 July 2011.