GO plc - Bond Allocation Policy

On 25 June, GO plc announced the allocation policy in respect of the issue of €60 million 3.50% unsecured bonds maturing in 2031.

In terms of the Prospectus dated 25 May 2021, GO entered into Placement Agreements with Authorised Financial Intermediaries for the subscription of €30 million in nominal value of the Bonds. The remaining amount of €30 million were made available for subscription by Preferred Applicants (€20 million) and the general public (€10 million).

In total, GO received applications for an aggregate amount of just over €176 million. Applications received from Preferred Applicants amounted to €65.1 million. Each application will be allotted the first €2,000 in full and 24.999% on the remaining amount (rounded to the nearest €100). In addition, applications received from the General Public amounted to €80.9 million. Each application will be allocated the first €1,000 in full and 7.7956% on the remaining amount (rounded to the nearest €100).

Refunds of unallocated monies will be processed on 5 July 2021 and interest on the bonds will start accruing as from 25 June 2021. The Bonds are expected to be admitted to listing on the Official List of the Malta Stock Exchange on 5 July 2021 and trading is expected to commence as from 6 July 2021.