Tigne Mall plc – Interim Directors’ Statement

Tigne Mall plc issued the following Company Announcement pursuant to the Malta Financial Services Authority Listing Rules.

The Company announces that, following the publication of the condensed interim financial statements for the six month period ended 30 June 2015, no material events or transactions have taken place that would have an impact on the financial position of the Company such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules.

The positive trends highlighted in the said condensed interim financial statements have continued during the third quarter of the current year. The mall has remained fully let and the company has continued to generate a healthy level of cash flow from operations and experienced an increase in profitability when compared to the corresponding period in 2014. Consequently its financial position remains positive and in line with its projections. Expectations for the final quarter remain likewise positive.

The Company welcomes two renowned fashion labels- Calvin Klein Jeans and Boux Avenue, to its brand mix on Piazza Level and looks forward to their imminent opening this month.

To view the official Company Announcement, click here.