PG plc - Acquisition of Property in Lija

On 31 July 2025, PG plc announced that one of its subsidiaries, PG Finance Limited, acquired the showroom previously occupied by S&S Bathrooms with a frontage on Mosta Road, Lija, as well as the surrounding land which in all encompasses an area of circa 13,100 square metres.

The property has been acquired as free and unencumbered, with all its rights and appurtenances, subsoil and airspace, and with vacant possession, and free from any servitudes, rights, leases or any other real or personal rights in favour of third parties.

The sale has been made for the consideration of €19 million, of which €6 million has been paid on entry into the deed, with the remaining balance being paid in twelve instalments over a period of 72 months.