“BMIT Technologies to Acquire 49% Stake in Malta Properties Company plc…”

BMIT Technologies plc has announced the signing of a Share Purchase Agreement with Emirates International Telecommunications (Malta) Limited (EITML) for the acquisition of a 49% equity interest in Malta Properties Company plc (MPC), a key player in Malta’s commercial real estate market. The agreement, valued at €25.3 million, represents a strategic investment aimed at reinforcing BMIT Technologies’ role in Malta’s digital infrastructure landscape.

As part of the agreement, BMIT Technologies will acquire 49,642,139 ordinary shares in MPC at a price of €0.51 per share, equating to nearly half of MPC’s issued share capital. The transaction is subject to regulatory clearances and shareholder approval. The acquisition includes a portfolio of strategically important infrastructure assets that underpin critical telecommunications and ICT operations across Malta.

MPC holds a diversified portfolio of commercial properties that are strategically positioned to support Malta’s telecom and ICT sectors. The acquisition is expected to diversify BMIT Technologies’ revenue streams, strengthen its financial position, and generate potential operational synergies.

The completion of the transaction is expected by the end of 2025, subject to the necessary regulatory and shareholder approvals.

The Board of Directors of BMIT Technologies has unanimously approved the transaction, following a thorough and independent evaluation by the Audit Committee, conducted in accordance with the Capital Markets Rules governing related party transactions.

This strategic acquisition reflects BMIT Technologies’ ongoing commitment to delivering long-term value to its shareholders and stakeholders, while solidifying its position as a leading provider of digital infrastructure and cloud-based services in Malta.

Strong June Traffic for Malta International Airport

Malta International Airport (MIA) recorded robust passenger traffic in June, with a total of 923,374 travellers passing through its terminals during the month.

The highest daily traffic was registered on Thursday, 26th June, when 35,571 passengers travelled on 218 flights to and from Malta.

Aircraft movements increased by 4.5% compared to June of the previous year. Meanwhile, the seat load factor – an indicator of how efficiently airline seating capacity is utilised – reached 86.8%. This marks a modest improvement of 0.2 percentage points and represents the highest seat occupancy rate recorded thus far in 2025.

Top Markets and Summer Travel Guidance

The United Kingdom remained Malta’s leading source market, accounting for 22.4% of total passenger traffic. Italy followed with 20.2%, while Germany (7.4%), Poland (7.0%), and France (6.7%) completed the list of the top five markets.

Given the continued high volume of travellers, Malta International Airport is encouraging all passengers to plan ahead by referring to its updated summer travel guidance.

Malta Company Announcements:

GO plc

The Board of Directors of the Company is scheduled to meet on Thursday 7 August 2025 to:

1. consider and approve the Group Interim Unaudited Financial Statements for the sixmonth period ended 30 June 2025; and

1. consider, and if deemed appropriate, declare the payment of an interim dividend.

BMIT Technologies plc

The Board of Directors of the company is scheduled to meet on Tuesday 5th August 2025 to discuss the Group Interim Unaudited Financial Statements for the six-month period ended 30th June 2025.

Mapfre Middlesea plc

Mapfre Middlesea plc has announced that its Board of Directors will meet on Monday, 28 July 2025, to review and consider the approval of the interim financial statements for the six-month period ended 30 June 2025.

HSBC Bank Malta plc HSBC Bank Malta plc announced that its Board of Directors is scheduled to meet on Wednesday 30 July 2025 to consider the approval of the interim financial statements for

‘Disclaimer: The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Timberland Finance has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. All investments carry risks. Your investments may go up as they may go down, including the possible loss of capital. Past performance is not indicative of future results. Timberland Finance does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website. This website is owned and operated by Timberland Invest Ltd. Timberland Invest Ltd. is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act. ’