On 20 December 2019, 1923 Investments plc announced that it received applications for a total of 6,846,700 shares for the 9,112,256 shares on offer in Harvest Technology plc at a price of €1.50 per share. As a result, all applications were allocated in full.
Following the share offer, a total of 22,780,636 ordinary shares of Harvest Technology plc, representing the entire issued share capital of the company, are expected to be admitted to the Official List of the Malta Stock Exchange on 6 January 2020. Trading in the shares is expected as from 7 January 2020.
Upon listing of the shares, the shareholding of Harvest Technology plc will be as follows: 1923 Investments plc will hold 14,340,536 shares representing almost 63% of the total issued share capital of the company; Prof. Juanito Camilleri will hold 1,593,400 shares representing almost 7% of the total issued share capital; whilst the remaining 6,846,700 shares (30% of the total issued share capital) will be held by the general public. Moreover, 30.1% of the shares held by the general public (representing 9.05% of the company’s total issued share capital) will be held by Calamatta Cuschieri Investment Services Limited, in its own name and/or for the benefit of its clients.