GlobalCapital plc - Update on capital requirements
Friday, December 30th, 2011On 30 December 2011, GlobalCapital plc issued a company announcement to update the market on developments with respect to the financial position of the company and its capital requirements since the publication of the Interim Directors’ Statement on 15 November. In the Interim Statement, GlobalCapital had explained that its Board of Directors was actively monitoring [...]
Tags: GlobalCapital plc | Posted in 2011 | 
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Melita Capital plc - Set-up of Sinking Fund
Thursday, December 29th, 2011On 28 December, Melita Capital plc announced that it has set-up a sinking fund in terms of the bond Prospectus dated 4 September 2009. By the maturity of the bonds on 30 September 2016, the sinking fund is expected to amount to 50% of the total amount of outstanding bonds amounting to €25.9 million. In [...]
Tags: Melita Capital plc | Posted in 2011 | Print This Page
HSBC Bank Malta plc - Sale of Card Acquiring Business
Wednesday, December 28th, 2011On 28 December HSBC Bank Malta plc issued a company announcement stating that the Bank agreed to sell its card acquiring business for €11.08 million to HSBC Merchant Services Ltd (Global) which is a Maltese subsidiary of Global Payments Inc. HSBC explained that the new subsidiary of Global Payments Inc will be its preferred strategic [...]
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GAP Developments plc - Bond Repurchase
Thursday, December 15th, 2011On 14 December 2011, GAP Developments plc announced that during the month of November it repurchased €64,066 (nom) of its 7% Secured bonds 2011-2013 as permitted in the Prospectus dated 21 March 2007. The Company explained that these bonds were repurchased from bondholders and subsequently cancelled. Following this buy back, the total amount of outstanding [...]
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GO plc - Forthnet’s rights issue participation
Thursday, December 15th, 2011On 14 December, GO plc issued an announcement making reference to the Extraordinary General Meeting being held on 15 December by Forthnet S.A. in which GO plc has an indirect investment through Forgendo Ltd. The latter, the largest shareholder in Forthnet with a 41.27% stake, is a joint venture between GO plc and its parent [...]
Tags: Forgendo, Forthnet S.A., GO plc | Posted in 2011 | Print This Page
United Finance plc - Bond Repurchases
Wednesday, December 7th, 2011On 7 December, United Finance plc announced that it repurchased €174,000 (nominal) of its 6.75% Bonds maturing between 2014 and 2016. The acquired bonds will be cancelled thereby reducing the outstanding amount to €11,826,000 (nominal).
Tags: United Finance plc | Posted in 2011 | Print This Page
Malta Government Stocks - Results of MGS Switch Auction
Wednesday, December 7th, 2011On 6 December, the Treasury published the statistics with respect to the first MGS Switch Auction comprising the voluntary exchange of the 5.7% MGS 2012 (III) into the new 4.3% MGS 2016 (IV). The Treasury received 21 bids to exchange a total of €214.9 million (nominal) of the 5.7% MGS 2012 (III). The Treasury accepted [...]
Tags: Malta Government Stocks, MGS | Posted in 2011 | Print This Page
Malta International Airport plc - November 2011 Traffic results
Monday, December 5th, 2011On 5 December, Malta International Airport plc published the November 2011 traffic results. The statistics reveal a 0.9% increase in passenger movements to 204,503 when compared to the same month last year. MIA explained that this increase was achieved despite an 8.8% decline in seat capacity to 269,352 seats. In fact, the average seat load [...]
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Malta Government Stocks - Price for MGS Switch Auction
Friday, December 2nd, 2011Following the announcement of the 28 November regarding the launch of the first operation under the 3-year MGS Switch Auction Programme, on 2 December the Treasury announced the fixed clean price for the 5.7% MGS 2012 (III) at 103%. Further details on the Switch Auction are available here.
Tags: Malta Government Stocks, MGS | Posted in 2011 | Print This Page
Malta Government Stocks - Listing and Trading of New Stocks
Friday, December 2nd, 2011On 2 December 2011 the Malta Stock Exchange announced the listing of the retail tranches of the two new fixed rate Malta Government Stocks which were recently offered on the primary market, namely: i) €16.1 million (nom) 4.25% MGS 2017 (III) FIB R ii) €118 million (nom) 5.2% MGS 2031 (I) R. These two stocks [...]
Tags: Malta Government Stocks, MGS | Posted in 2011 | Print This Page
