Farsons’ food business spin-off set for 6 October

The MSE Equity Price Index fell by 0.19% to 3,810.970 points as the declines in Malita, BMIT, and the ordinary shares of RS2 outweighed the gains in Lombard, The Convenience, MaltaPost and Malta Properties Company. Meanwhile, five other equities closed unchanged as today’s trading activity amounted to €0.18 million. Download today’s Equity Market Summary.

Following the close of trading, Simonds Farsons Cisk plc published its interim financial results for the six-month period ended 31 July 2025 which showed that both the beverage and food businesses generated higher revenues and operating profit when compared to the same period in the previous year. The Group’s profit for the period increased by 6.5% to €9.4 million. The Directors also resolved to distribute a cash interim dividend out of tax-exempt profits of €0.065 per share, which is 8.3% higher than the interim dividend of last year. Furthermore, the Board also declared a dividend ‘in kind’ of €1.30 per share which shall be settled through the distribution of the entire shareholding in Quinco Holdings plc to shareholder on a pro rata basis to the number of shares held in the company. Both the cash dividend and the ‘in kind’ dividend will be distributed to shareholders as at close of trading on Friday 26 September. The shares of Quinco Holdings plc are expected to be admitted to the Official List of the Malta Stock Exchange on 6 October, with trading to commence on 7th October. The cash dividend will be paid on 16 October 2025.

Lombard Bank Malta plc moved 0.7% higher to the €0.715 level on two deals amounting to 6,000 shares.

The Convenience Shop (Holding) plc gained 1.3% to the €0.80 level on one trade of 4,975 shares.

Malta Properties Company plc increased by 0.6% to the €0.342 level albeit over trivial volumes.

MaltaPost plc rose by 4.2% to the €0.444 level on muted activity.

On the other hand, the ordinary shares of RS2 plc fell by 10.9% to the €0.312 level on two deals amounting to 7,070 shares.

Malita Investments plc shed 2.2% to an all-time low of €0.44 level on two trades totalling 10,000 shares.

BMIT Technologies plc decreased by 1.3% to the €0.306 level over five deals amounting to 150,800 shares. BMIT is hosting an Extraordinary General Meeting on Tuesday 30 September 2025 with a proposed resolution seeks shareholder approval for the acquisition of 49,642,139 ordinary shares in the issued share capital of Malta Properties Company plc, which represent 49% of the total issued share capital of MPC.

Meanwhile, Bank of Valletta plc closed unchanged at the €1.87 level across twelve trades totalling 39,845 shares.

Also in the banking sector, APS Bank plc held the €0.54 level on one deal of 300 shares.

HSBC Bank Malta plc closed unchanged at the €1.43 level across three deals amounting to 17,065 shares.

Malta International Airport plc traded flat at the €5.95 level as 1,191 shares changed hands. Today, Ryanair announced its Winter 2025 schedule for Malta with 6 new routes and increased frequencies on 20 other routes. The airline also confirmed that it will register a 15% growth in passenger traffic during 2025 to 5.2 million passengers. Following the traffic results during the first half of 2025, this implies that Ryanair is expected to register a total of 2.8 million passenger movements during the second half of 2025. This will undoubtedly help MIA achieve its forecasts of 9.7 million passenger movements.

Computime Holdings plc held the €0.50 level on a single deal of 18,800 shares.

The RF MGS Index decreased by 0.05% to 908.134 points. Yesterday, the Federal Reserve Chair Jerome Powell stated that weakness in the labour market is outweighing concerns about stubborn inflation. This led to the decision to lower the central bank’s interest rate last week. Furthermore, the policy stance is still considered as moderately restrictive, which leaves the Fed well positioned to respond to potential economic developments.

 

This report contains only public information and is not to be construed as investment advice or an offer to buy or sell securities. Information contained herein is based on data obtained from sources considered to be reliable, but no representations or guarantees are made with regard to the accuracy of the data. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Rizzo, Farrugia & Co. (Stockbrokers) Limited is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange.