Bank of Valletta plc - Commencement of Share Buyback Programme

On 31 July 2025, Bank of Valletta plc announced that following the attainment of all necessary approvals, the share buyback (non-cancellable) programme will commence on 18 August 2025.

BOV explained that it will not be possible to conduct the share buyback programme in full compliance with the safe harbour provisions set out in Article 5 of Regulation (EU) No 596/2014 and the relevant provisions of Commission Delegated Regulation (EU) 2016/1052. Nevertheless, BOV intends to comply with the relevant safe harbour provisions to the extent practicable, save that volume parameters have not been set in order to facilitate market liquidity in the trading of BOV shares.

BOV also highlighted that the programme will operate in full transparency. Therefore, all transactions executed under the programme (detailed and aggregated) will be disclosed to the market through a weekly company announcement and will also be accessible on the bank’s website under the investor relations section. BOV’s in-house stockbroking arm will be the executing entity of the share buyback programme on the Malta Stock Exchange.

As per resolution approved in the Annual General Meeting held on 29 May 2025, the price range of the share buyback programme is set at a minimum purchase price of €1.55 per share and a maximum of €2.55 per share, as adjusted following the bonus share issue of June 2025 of 1 bonus share for every 10 shares held.