Tigné Mall plc - Change in Shareholding

On 8 November 2023, Tigné Mall plc announced that Bank of Valletta plc disposed of its entire 16.71% holding in the company. The company further announced that it was informed that Marsamxett Properties Ltd. acquired 9,435,567 ordinary shares, equivalent to 16.73% of the total shares in issue.

Marsamxett Properties Ltd, which is a wholly owned subsidiary of Hili Ventures Limited, now has a total of over 17.8 million shares in the company which is equivalent to 31.63% of the total issued share capital. Consequently, Marsamxett Properties Ltd is now the second largest shareholder of Tigné Mall plc after MAPFRE MSV Life plc which owns 35.5% of the issued share capital.