“New Bond Issue – 5.5% Juel Group plc Secured Bonds 2035…”

Malta

Issue of €32,000,000 5.5% Juel Group plc Secured Bonds 2035

The board of directors of Juel Group plc has announced the issuance of a new bond.

The Bonds will have a nominal value of €100 per Bond, subject to a minimum subscription amount of €2,000 (nom).

It is Secured by a special hypothec over the Hyatt Centric Hotel, St Julian’s and with the Guarantors:

  • Muscat Holdings Limited
  • Muscat Holdings II Limited
  • Juel Hospitality Limited
  • Juel Holdings Limited

The Juel Group is owned by Mr Adrian Muscat who has a well-established and reputable track record of over 20 years in the local property market, principally through his involvement in GAP Group.

5.85% Unsecured Bonds 2028, Guaranteed by CPHCL Company Limited

The Board of Directors of Mediterranean Investments Holding p.l.c Announces that the €20 million 5.5% bonds 2023 (Maturing Bonds) will be redeemed on 31st July 2023.

As a holder of the Maturing bond one have the option to rollover and apply for an additional New Bonds in excess of their holding in the Maturing Bonds by indicating such amount on the Application Form ‘A’ sent by the company.

Completed Application Forms together with payment to top-up application to a minimum of €2,000 (nom), are to be submitted by latest 7th July 2023 at 12.00 hours.

Interest on the Maturing Bonds covering the period between 31st July 2022 and 30th July 2023 together with any principal amount due to holders of the Maturing Bonds electing not to surrender their respective Maturing Bonds for the New Bonds or surrendering in part, shall be paid on 31st July 2023.

 

Malta Company Announcements:

Lombard Bank Malta p.l.c

The Board of directors did not recommend a payment for a dividend however the directors proposed a bonus issue of one share for every forty-five shares held. These will be allotted to shareholders as at close of trading on 17th July, subject to approval at the AGM scheduled on 22nd June 2023.

PG p.l.c

PG plc announced that its Board of directors is scheduled to meet on 23rd June 2023 to consider the distribution of an interim dividend.

Hili Properties p.l.c

The Directors are recommending a final net dividend of €0.0108 per share. Subject to approval at the upcoming Annual General Meeting to be held on the 27th June, shareholders as at close of trading on Friday 23rd June 2023 will receive the payment on Tuesday 18th July 2023.

M&Z p.l.c

The Board of directors are recommending the payment of a final net dividend of €0.01986 per share to all shareholders as at close of trading on 12th May 2023, subject to approval at the upcoming Annual General Meeting to be held on 15th June 2023. Shareholders will receive the payment by Friday 23rd June 2023.

Denise Mifsud

Head Trader

Date:

June 16th, 2023


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