Lombard Bank Malta plc – Intention to dispose of Shareholding

Further to the Bank’s Company Announcements dated 16 March 2018 and 10 August 2018 (LOM 223 and LOM 228), the Bank advises that it has today been notified by the NDSF of its firm intention to dispose of all or part of its shareholding in the Bank and to commence the process for the disposal in an orderly manner. 

The NDSF informed the Bank that the completion of the disposal shall be conditional and dependent on market conditions, regulatory approvals and other conditions which are currently being evaluated by the NDSF.

The NDSF holds 21,651,746 ordinary shares in the issued share capital of the Bank representing 49.01% of the total issued share capital of the Bank. 

To view the official announcement, click here.