MedservRegis plc - Bond Issue Allocation Policy

On 12 December 2022, MedservRegis plc announced the allocation policy with respect to the recently issued €13 million 5.00% secured bonds maturing in 2029. In total, MedservRegis received 1,474 applications for a value of €14.6 million.

An amount of €5.35 million was subscribed by holders of the 6.00% secured and guaranteed notes 2020/2023 who were given preference to subscribe for the bonds by surrendering their respective callable bonds. This represented around 41% of the total callable bonds and all such applications were allocated in full. MedservRegis also allocated in full applications by callable bondholders which required cash top-ups for the minimum application amount of €2,000.

Following such allocations, an amount of €6.5 million remained available and was allocated to callable bondholders who applied for additional amounts. Such applications were allocated the first €10,000 in full and 19.499% on the remaining amount, rounded to the nearest €100.

Refunds of unallocated amounts will be made by 20 December 2022 whilst interest on the new bonds will commence on 22 December 2022. The new bonds are expected to be admitted to listing on the Malta Stock Exchange on 22 December 2022 and trading is expected to commence on 23 December 2022.