HSBC Bank Malta plc - Strategic Review of Parent Company Shareholding
On 11 September 2024, HSBC Bank Malta plc announced that its ultimate parent company, HSBC Holdings plc, yesterday evening informed the Board of Directors that it will undertake a strategic review of its indirect 70.03% shareholding in the Bank.
The announcement noted that the Bank recognises the important role it plays in Malta’s economy and society and is making this announcement in line with its market obligations, and to support the smooth functioning of the public market. The Bank will make further announcements as and when required.