Hal Mann Vella Group Announces €23 Million 5.35% Secured Bonds Maturing 2031-2034

Hal Mann Vella Group p.l.c. has announced the issuance of €23,000,000 5.35% Secured Bonds maturing between 2031-2034, having a nominal value of €100 per bond issued and redeemable at par.

You can find the prospectus relating to the bonds here.

Business Overview

Halmann Vella is a leading provider of natural stone products and a wide spectrum of related services. From its early origins in 1954, Halmann Vella has today evolved from a purely local manufacturing concern to a multi-layered product and service-oriented group of companies.

The Group owes its roots to Vincenzo Vella and his brother from Mgarr Malta, who in those early days purchased a tile making machine press to create and produce terrazzo tiles.

As business grew, the Vella brothers started producing resin tiles and eventually started to import natural stone to Malta. After 65 years of continuous investment, Halmann Vella’s production facility is amongst the most technologically advanced within the industry. The company expanded to provide contractual services and has since collaborated on several major projects both in Malta as well as overseas.

Whilst treasuring the Company’s 65 years of history, Halmann continued to invest and today operates from a purposely built logistics and distribution hub and two manufacturing plants, utilising latest digital equipment, CNC technology and much more.

Halmann Vella today employs over 200 people including craftsmen and entrepreneurs with a passion for outstanding surfacing materials and a commitment to serve customers.

Use of Proceeds

The proceeds from the Bond Issue will be utilised solely for the redemption of the existing 2014 Bonds remaining in issue on the 6^th of November 2024.

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 this issue 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.

The Secured Bonds are available for subscription to Existing Bondholders wishing to exchange their existing bonds for new bonds. Any balance not exchanged by Existing Bondholders will become available for subscription to the general public via an Intermediaries Offer.

Online

Knowledgeable and experienced investors who wish to apply online, kindly fund your account so as to be able to raise the order easily. 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 instruments on Moneybase and specify the amount of bonds for which you would like to subscribe:

• 5.35% Hal Mann Vella p.l.c. 2031-2034 – Exchange if you are an Existing Bondholder and wish to exchange your Existing bonds for New bonds;
• 5.35% Hal Mann Vella p.l.c. 2031-2034 – General if you wish to subscribe for new bonds via the Intermediaries Offer.  The minimum application amount for the intermediaries offer is €2,000 and in multiples of €100 thereafter. (Subject to availability following the Exchangeable Bond Transfer. If all bonds are exchanged, then the Intermediaries’ Offer will not take place)

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 by replying to this email, contacting us on +356 25 688 688 or via live chat on www.cc.com.mt

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

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

Marketing Communication.
This is a Complex Instrument. The value of the investment can go down as well as up and past performance is not necessarily indicative of future performance. Investing in the bonds of the Issuer may result in a loss of some or all of the capital invested. Prospective investors wishing to subscribe to the bonds 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 bonds and should seek the assistance of a financial advisor if in doubt. This advertisement was approved for issue by Calamatta Cuschieri Investment Services Limited, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.