Lombard Bank Malta p.l.c. has announced the Excess Shares Offer of the residual balance from their earlier Rights Issue which is available for subscription at the offer price of €0.75 per share by the following applicants in the following order of preference:  

  • (i) Preferred Applicants (employees and Directors of the Bank and shareholders of MaltaPost p.l.c. as at the Record Date, who are not also Existing Shareholders of the Bank); and  
  • (ii) the general public. 

If you wish to avail yourself of the Excess Shares Offer, please see the information at the bottom of this article or contact us on 25 688 888. 

A copy of the Prospectus can be found.

Business Overview  

The Bank offers a full range of traditional commercial and retail banking services to the local market through its branches and distribution network. Its main business lines include deposit-taking and lending to its customers with a focus on providing a personalised service. In recent years, the Bank has also gradually increased its exposure to the home loans sector and expanded its card business. 

The Bank’s activities include: 

A. Deposits – The Bank receives and accepts both corporate and personal customers’ monies for deposit on Current, Savings and Term Deposit accounts at both fixed and pre-determined fixed step-up rates and for varying maturity periods. The Bank also receives and accepts deposits in foreign currency.  

B. Credit – The lending activity of the Bank consists principally of commercial and retail lending. Commercial lending is largely characterised by loan facilities to the commercial sector with short to medium-term maturities. 

C. Multiple other activities including Investment services, Investment funds and UCITS management, International Business Banking (IBB) services and Tied Insurance Intermediary services. 

How to purchase Excess Shares 

Online – Moneybase Invest

Should you wish to apply online you can do so easily via our Moneybase Invest platform which is available as an app on both Android and IOS stores and also on the web https://live.moneybase.com.  kindly look up the instrument applicable to you from the below list and specify the amount of bonds for which you would like to subscribe:

  • Lombard Bank Excess Rights Preferred Offer
  • Lombard Bank Excess Rights General Offer

Advisory Clients 

Financial Advisory clients can speak to their Financial Advisor at one of our four branches (Mosta, Sliema, Birkirkara and Fgura) by contacting us on +25 688 688 or [email protected] or via live chat on ww.cc.com.mt. 

If you are a Preferred Applicant, kindly look up Lombard Bank Excess Shares Preferred Offer and specify the number of Rights which you would like to purchase. 

Non-nominee applications must be accompanied by an original application form.  

For more information visit our website here 

If you are interested in participating in this issue and need to fund your account, we strongly recommend that you fund your account using the IBAN provided on your account for fast straight-through processing. This can be found easily on your portfolio and statement reports or on our online portals. Please contact customer care if you are unable to locate this.

Disclaimer

The value of the investment can go down as well as up. Investing in shares of the Issuer may result in a loss of some or all of the capital invested. This communication is for information purposes and shall not be construed as invested advice or recommendation. 

Prospective investors wishing to subscribe to the shares of the Issuer should make their own research before making any investment decisions and should consider whether they fully understand the features of the investment and the potential risks and rewards associated with it and should seek the assistance of a financial advisor if in doubt. Non-advisory investors are advised that where an appropriateness assessment is not required, they do not benefit from the corresponding protection afforded under the Conduct of Business Rules. The Prospectus, including the Risk Factors contained therein, is available from www.cc.com.mt or www.lombardmalta.com/en/rights-issue-2023. 

This communication has been approved for issue by Calamatta Cuschieri Investment Services Limited, 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.