- Set-up of Sinking Fund

On 28 December, Melita Capital plc announced that it has set-up a sinking fund in terms of the bond Prospectus dated 4 September 2009. By the maturity of the bonds on 30 September 2016, the sinking fund is expected to amount to 50% of the total amount of outstanding bonds amounting to €25.9 million. In the announcement, Melita Capital confirmed that it has duly effected the first payment into the sinking fund.

Melita Capital plc also revealed that Blevins Franks Gamma Ltd has been appointed as trustee of the sinking fund.