
International Hotel Investments plc (“IHI” or the “Company”) announces that it has entered into a joint venture agreement with funds managed by Orion Capital Managers, pursuant to which Orion will acquire a 72% equity interest in the five-star Corinthia Hotel Lisbon.
The transaction represents the first investment by Orion European Real Estate Fund VI, which is targeting a final fund size of €1.5 billion. Upon completion, IHI, which currently holds a 100 per cent interest in the asset, will retain a 28% equity stake in the joint venture. Corinthia Hotels Limited, a subsidiary of IHI, will continue to manage and operate the hotel under the Corinthia brand.
Commenting on the transaction, Simon Naudi, Chief Executive Officer of IHI, stated that the agreement is consistent with the Company’s long-term strategy of partnering with institutional investors at asset level while retaining operational control and ongoing economic exposure to key properties.
The Corinthia Hotel Lisbon comprises 517 rooms and is the largest five-star hotel in the Portuguese capital. The property has recently completed a comprehensive refurbishment programme, including upgrades to all guestrooms, a 3,000-square-metre spa and three restaurant outlets.
The transaction is consistent with the Company’s strategy of partnering with institutional investors at asset level while retaining operational control and continued economic exposure to key properties. It also supports IHI’s capital management strategy by releasing capital for reinvestment into new developments and the expansion of the Corinthia brand.
Completion of the transaction is subject to the satisfaction of customary conditions precedent, including the completion of financing arrangements and the transfer of the hotel into the joint venture structure. Closing is expected to occur in the first half of 2026.
IZI Finance plc, the financing arm of IZIGROUP, has announced plans to raise up to €30 million through a second bond issuance, as it seeks to fund the next phase of the group’s international expansion.
The company said it will shortly submit an application to the Malta Financial Services Authority for the admission to listing of unsecured bonds redeemable in 2036 on the Official List of the Malta Stock Exchange. Subject to regulatory approval, the bonds will be available to all categories of investors, including existing holders of IZI Finance’s €30 million 4.25% unsecured bonds due in 2029, as well as the general public.
IZI Finance said the funds raised will provide the financial flexibility required to pursue a number of “feasible and well-advanced” international growth opportunities in a disciplined and sustainable manner. The group has previously highlighted historical horse racing, land-based casinos and video lottery terminals as key areas of focus for overseas expansion.
The announcement follows a period of strong financial performance for IZIGROUP, which operates the National Lottery and the Dragonara Casino, as well as IZIBET gambling parlours. The group reported a 175% increase in profit before tax in 2025 to €7.1 million, exceeding internal projections. Its latest forecasts point to gambling revenue surpassing €1 billion and profit before tax rising to €8.9 million.
The group said the proposed bond issue represents an important milestone in its long-term development and reflects the board’s confidence in its strategy, operating model and people. Further updates will be provided to the market in due course.
M&Z plc has revealed plans to continue its share buy-back programme, announcing that it intends to repurchase up to 500,000 of its own shares on the open market by 27 March.
The company has already bought back 250,000 shares since shareholders gave their approval for the programme at last year’s AGM. The mandate allows M&Z to acquire as many as one million shares at prices ranging from €0.45 to €0.65 per share — levels that sit below the €0.72 price at which the company listed in 2022.
During its initial public offering, 11.55 million ordinary shares were taken up by investors, accounting for around 26% of the company’s equity. M&Z currently has approximately 44 million shares in circulation.
According to the company, the buy-back programme forms part of a broader strategy to optimise its capital structure. M&Z said the shares may be used as a means of returning value to shareholders or potentially deployed in future acquisitions and other strategic initiatives.
Bank of Valletta plc
During the period of January 12th to January 16th, Bank of Valletta did not purchase any shares as part of its Share Buyback Programme.
In aggregate, since the commencement of the scheme till the 16th of January, Bank of Valletta has purchased a total of 564,032 shares, equal to around 0.0878% of its share capital, at an average weighted purchase price of €1.8989 per share, for a total amount of €1,071,057.
APS Bank plc
APS Bank Management is pleased to present to the market its business direction and outlook for 2026.
The session will cover key strategic priorities, developments across the risk landscape and also revenue anticipations for the current financial year. This event is part of our ongoing commitment to transparency, consistent stakeholder engagement, and periodic communication as we continue to strengthen the Bank’s purpose-driven growth model.
Attendees will receive insights into the Business Plan 2026-2028, formally approved in December 2025 and which is at the heart of the Bank’s dynamic, rolling planning process.
MedservRegis plc
The Company makes reference to its issuance of up to the Euro equivalent of €25,000,000 in EUR and USD unsecured bonds due 2031 – 2036 (hereinafter, the “New Bonds”) in terms of a prospectus issued by the Company and dated 20 October 2025 (the “Prospectus”).
As set out in the Prospectus, the proceeds from the New Bonds were used by the Company towards the cancellation of a combination of 5.75% USD unsecured bonds (ISIN: MT0000311242) (hereinafter, the “USD Bonds”) and 4.5% EURO unsecured bonds (ISIN: MT0000311234) (hereinafter, the “EURO Bonds”, which together with the USD Bonds shall hereinafter be referred to as the “2015 Bonds”) issued pursuant to a prospectus dated 21 December 2015 (the “2015 Prospectus”).
The Company wishes to inform the market that the balance of 2015 Bonds not exchanged for New Bonds and which remain in issue shall be redeemed by the Company on the 5th February 2026 in accordance with the terms of the 2015 Prospectus. Trading in the 2015 Bonds has ceased with effect from the close of business on the 19th January 2026.
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