Save from as low as €40 per month Change modify pause
VBL Group plc has issued a formal notice announcing the offer of up to 35,714,286 ordinary Shares of a nominal value of €0.20 per Share offered by the Selling Shareholders and if the New Shares Offer is fully subscribed, up to 35,714,286 ordinary Shares of a nominal value of €0.20. The offer price will be at €0.28 per share. The net proceeds from the New Shares Offer, expected to amount to up to €9,500,000, form part of a wider long-term funding and investment plan of the Company that is aimed at funding its strategic development plans. If you wish to enquire for this offer kindly follow the guidance below or contact us on +25 688 688 to speak to one of our qualified financial advisors. Alternatively, visit us in one of our branches at your convenience.
CCTrader users can apply directly from the platform as from Monday 2nd August 2021.
Business overview VBL is involved in the real estate industry and is today, the largest private owner of real estate in Valletta with a diversified portfolio of residential, hospitality, commercial and office space. More specifically, it identifies, acquires, develops and manages real estate in the capital, employing a strategy that involves creating a diverse portfolio of operational and development assets. Furthermore, VBL is the parent company of three operating subsidiaries which include:
VREM Ltd – responsible for the hospitality and property operations of the Group, while it also provides property management services to third-parties.
Silver Horse Block Ltd – involved in the development of the single largest mixed-use development project in Valletta, known as the ‘Silver Horse Phase 2’ project.
Casa Rooms Ltd – a recognised hospitality services provider with 115 properties under its management, also engaged in the real estate management of long and short-lets across Malta.
VBL Ltd is the principal company of the VBL Group of companies.
How to apply Orders will be accepted from Monday 2nd of August and can be submitted through one of our Financial Advisors based in one of our five branches (Mosta, Sliema, B’kara, Qormi and Fgura) subject to ensuring that an investment in the Bond is suitable or appropriate for prospective investors. Should you prefer to use our CCTrader platform, kindly follow the instructions below:
All orders must be submitted by not later than the September 24 @ 12:00 (Closing date). Non-nominee applications will be subject to a EUR 25 fee. A copy of the Prospectus is available here.
—
The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. Investors may lose all or part of the capital invested. Prospective investors wishing to subscribe for Equities of the Issuer should do so on the basis of the Prospectus, including the Risk Factors contained therein. An investment in the Equities of the Issuer may not be suitable for all investors and prospective investors are urged to consult their Financial Advisor as to the suitability or otherwise of such an investment.
This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited (“CCIS”), which 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.
Disclaimer
The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.
Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting to our privacy policy and can unsubscribe at any time.