LifeStar Insurance PLC Share Offer and Exchange

LifeStar Holding PLC is seeking to offer for sale 18,518,519 Shares in its life insurance subsidiary, LifeStar Insurance Limited, at an offer price of €0.54 per Share and a further 6,570,000 Shares to its shareholders in exchange for their ordinary shares in LifeStar Holding PLC at an exchange ratio of 1 LifeStar Holding PLC Share (Existing Shares) for 1 LifeStar Insurance Limited Share (New Shares).

If you wish to apply for these New Shares or exchange your Existing Shares for New Shares, kindly follow the guide below or contact us on +25 688 688 to speak to one of our qualified financial advisors or visit us in one of our branches at your convenience.

This offer is also available on CCTrader via the instructions below.

A copy of the Prospectus is available here.

Business Overview
The Company is a provider of life insurance products offering a comprehensive range of protection, savings, investment, and pension products. The Company provides both single premium and regular premium interest-sensitive saving products, unit-linked insurance-based investment products, pension products as well as protection products including level and decreasing term, critical illness, and group life policies.

How to Apply
Orders will be accepted from 6th May 2021 and can be submitted through one of our Financial Advisors based in one of our five branches (Mosta, Sliema, B’kara, Qormi, and Fgura).

Additionally, you may use our CCTrader platform with the following instruments:

• LifeStar Insurance plc – General Public;
• LifeStar Insurance plc – Preferred Applicants;
• LifeStar Insurance plc – Exchange Offer;

for a minimum quantity of 1,000 shares and in multiples of 1,000 shares thereafter with no initial fees. The exchange offer is limited to the number of shares of LifeStar Holding PLC held.  There is no minimum exchange.

All orders must be submitted by not later than the 19th of May, 2021 @ 15:00hrs (Closing date).

The offer may close at an earlier date without prior notice as a result of over-subscription.

Non-nominee applications will be subject to a EUR 25 fee.

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The Share Offer and Exchange Offer are being made by LifeStar Holding p.l.c (“LSH”) for an offer of Shares in LifeStar Insurance PLC (“Company”). Acquisition of shares of in the Company may not be suitable for all investors and prospective investors are urged to consult their financial advisors as to the suitability or otherwise of acquiring such shares. Application has been made to the MSE for the Company’s Shares to be listed and traded on the Official List.

The Exchange Offer is being made by LifeStar Holding p.l.c (“LSH”) only to its shareholders registered as at 3rd May 2021, who may accept or otherwise the Exchange Offer in part or all in respect of their holding of LSH Shares. The Exchange Offer is conditional upon the Exchange Offer Terms and Conditions disclosed in the Prospectus. LSH declared its intention to delist the LSH Shares following the conclusion of the Exchange Offer. Hence, LSH shareholders who do not avail themselves of the Exchange Offer may result in holding de-listed, illiquid shares. Moreover, there can be no assurance that both prior to and post de-listing of the LSH Shares that a holder of LSH Shares will be able to sell or otherwise trade in the LSH Shares. Accepting the exchange offer involves certain risks and special considerations and potential investors in the Company are urged to consult their financial advisors.

Investors wishing to acquire shares in the Company or to avail themselves of the Exchange Offer should do so on the basis of the Prospectus before making any investment decision in order to fully understand the potential risks associated with the investment and special considerations. A copy of the Prospectus may be found here. The value of the investment may go down as well as up and past performance is not necessarily indicative of future performance.

Approved for issue by Calamatta Cuschieri Investment Services Limited (“CCIS”). CCIS is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 386. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.