Malita Investments plc - Secured financing commitment for Affordable Housing Project

On 28 March 2026, Malita Investments plc announced that it has secured a Sanction Letter for financing to enable it to complete its affordable housing project.

Malita explained that the Sanction Letter is a more advanced stage than an indicative term sheet, confirming a binding commitment to provide the required financing. The commitment is subject to the satisfaction of certain conditions precedent, including the obtaining of requisite consents from the company’s institutional lenders.

Malita stated that it is engaging with its contractors with a view to restarting works on the relevant sites, with works expected to resume in the near term, subject to the satisfaction of the applicable conditions.

Malita noted that it will issue further announcements in due course and in accordance with its disclosure obligations.