HSBC Bank Malta plc - Request to Disclose Information
On 28 November 2024, HSBC Bank Malta plc announced that following the announcement of the strategic review by HSBC Holdings plc of its indirect 70.03% shareholding in HSBC Malta, HSBC Holdings has been contacted by a number of parties who have expressed interest in its shareholding in HSBC Malta and have requested to conduct due diligence prior to confirming their interest.
In this respect, HSBC Continental Europe has requested HSBC Malta to seek authorisation from its shareholders to furnish and disclose information, including unpublished price-sensitive information, to bona fide offeror/s, the corresponding bona fide transferor and their respective advisers.
For such purpose, and in accordance with the Capital Markets Rules, HSBC Malta will be required to convene an Extraordinary General Meeting and will be providing the date and details of the EGM in due course.
The majority shareholder has reiterated that no decisions have been made regarding its shareholding in HSBC Malta and continues to consider a full range of options.