Bank of Valletta Rights Issue – €150 million
Bank of Valletta Rights Issue
We are pleased to inform you that Bank of Valletta plc hasannounced the issuance of a rights issue. Each shareholder is being given the right to purchase one new share for every four existing shares held on record date October 26, 2017. These shares can be purchased at a discounted price of €1.43 per share.
Jesmond Mizzi Financial Advisors Ltd is one of the joint sponsoring brokers for this issue. The company is participating in this rights issue as one of the authorised financial intermediaries and is currently accepting applications for this rights issue. The issuer will be mailing the application forms to all eligible shareholders on Tuesday November 7, 2017. Applicationsneed to be received by us by not later than Monday December 4, 2017. Applicants who were not on the company’s share register as at October 26, 2017, but are still interested to participate in the rights issue offer can do so by contacting us as detailed below.
Interested clients should refer to the Prospectus dated October 30, 2017 which may be obtained from our officesin hard copy, electronically by e-mail on request or by viewing on our website www.jesmondmizzi.com. You may contact us by phone on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Hamrun, Valletta, Birkirkara or Ta’ Xbiex (by appointment). We will be pleased to answer any queries you may have on this issue.
Further information regarding what a rights issue entails may be downloaded hereunder.