Initial Public Offering of 22,987,600 shares of Computime Holdings Plc

Computime Holdings Plc p.l.c.  has announced the offer of 22,987,600 shares, having a nominal value of €0.10 per share at an offer price of €0.45.  
The Share Offer is open to both Group employees (Preferred Applicants) and the general public. A copy of the prospectus is available here. 

Business Overview 

The Company is an investment and holding company which does not carry out trading activities of its own. It invests and holds interests in companies and other ventures operating in the business-to-business ICT solutions industry, primarily in Malta, but also in Europe and North Africa. The Group operates three business divisions:

• The Business Software Division, operated by Computime Software Limited, through which the Group implements ERP (Enterprise Resource Planning) software, EAM (Enterprise Asset Management) software, financial management software and custom-developed software;

• The Fintech Division, operated by Computime Software Limited, which is focused on offering banking regulatory ICT solutions (under the ‘BRS Analytics’ brand), anti-money laundering (AML) transaction monitoring ICT solutions (under the ‘ComplyRadar’ brand) and tax regulatory reporting solutions (under the ‘BRS CESOP’ brand); and

• The Systems Integration Division, operated by Computime Ltd, which may be sub-divided into three principal business units: the information security unit; the networking unit; and the systems unit.

While the Group benefits from long-standing partnerships with leading technology partners and vendors in the Business Software Division and the Systems Integration Division, the products and solutions offered under the Fintech Division have been developed in-house. 

Use of proceeds 

The Share Offer represents a partial realisation of the Selling Shareholders’ investment in the Company. Accordingly, the net proceeds from the Share Offer, expected to amount to a maximum of €10 million, shall be for the benefit of the Selling Shareholders. 

How to Apply 

There are no fees to apply, this includes both nominee and non-nominee (certificated) applications. 

If you are interested in participating in the Share Offer and need to fund your account with us, we strongly recommend that you send a bank transfer to the IBAN provided on your account for fast straight-through processing. This can be found easily on your portfolio and statement reports or via the Moneybase platform. Please contact customer care if you are unable to locate this. You can also fund your account by card through the Moneybase platform. 

Online 

Our award-winning platform, Moneybase is available as an app on both Android and IOS app stores and on the web.  

Should you prefer to apply online, kindly look up the following instrument on Moneybase and specify the amount of shares for which you would like to subscribe according to the category of investors applicable to you: 

• Computime Holdings Plc – General 

• Computime Holdings Plc – Preferred 

The minimum application is for 3,000 shares and in multiples of 200 shares thereafter. 

Advisory 

Financial Advisory clients who wish to seek financial advice or who prefer to speak to their financial advisor can fund their account and visit one of our branches (Birkirkara, Mosta, Sliema and Fgura) or contact us  via email on [email protected], calling us on +356 25 688 688 or on cc.com.mt/contact/ 

If you need assistance our ISO-certified customer care team is available to assist 7 days a week.  

 
Calamatta Cuschieri Investment Services Ltd (CCIS) is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09). 

Marketing Communication: The value of the investment can go down as well as up. Prospective investors wishing to invest in shares of the Issuer should make their own assessment and carefully consider the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the shares and should seek the assistance of a financial advisor if in doubt. Prospective investors making an execution only investment are advised that CCIS is not required to undertake an appropriateness assessment and investors do not benefit from the corresponding protection afforded under the Conduct of Business rules.This advertisement was approved for issue by CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta. CCIS is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370.