APS Bank plc – Initial Public Offering

APS Bank p.l.c has issued a formal notice announcing the offer of up to 100,000,000 ordinary Shares of a nominal value of €0.62 per Share (with an Over-Allotment Option of an additional 10,000,000 New Shares). 

The net proceeds from the Share Issue, which net of Share Issue expenses are expected to amount to approximately €59.2 million (or €65.3 million in the event that the Bank exercises the Over-Allotment Option in full), will constitute an integral part of the Bank’s capital plan (to further strengthen its CET 1 capital) and will enable the Bank to achieve its strategic objectives whilst ensuring compliance with the relevant capital requirements. 

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.    

Moneybase Invest users can apply directly from the platform as from Friday 3^rd June 2022.  

Business overview  

The principal objective of the Bank is, in summary, to carry on the business of banking in all its aspects, including the transaction of all financial, monetary and other business which is usually or commonly carried out by banks and/or banking institutions, including but not restricted to any transaction of a financial or monetary nature. Clause 4 of the Memorandum of Association further provides that: “whether in the pursuit of its objects or the exercise of its powers, the Bank shall always be guided by the observance of principles and values that promote social justice, sustainable investment and the highest ethical standards in all its dealings, operations and activities”. 
 
As one of Malta’s oldest banks, which has been at the forefront of community banking for over a century, the Bank is a leading local provider of financial services, offering personal, business and investment solutions. Its distribution channels consist of a network of 11 branches and automated teller machines (“ATMs”) and bulk deposit machines complemented by a versatile electronic banking platform that serves its retail and commercial customer base. The Bank is an enterprising organisation with an agenda of modernisation and growth, supported in no small way by its young, qualified and highly talented workforce of over 500 employees. 

How to apply  

Orders can be submitted through one of our Financial Advisors based in one of our four branches (Mosta, Sliema, B’kara and Fgura) subject to ensuring that an investment in the Equity is suitable for prospective investors.  

Should you prefer to use our Moneybase Invest platform, kindly follow the instructions below:    

Head over to the search bar at the top of your screen and input the instrument name APS Bank plc – New Shares. 

If you are a Preferred Applicant (any applicant that, at the cut-off date, is: (i) a group employee, or (ii) a Bondholder), use the instrument name APS Bank – New Shares – Preferred

Click on the Buy button on the window located at the bottom of your screen.  

Next, a New Order page will appear where you’ll find details of your order, as well as the trade value. Subscriptions are subject to a minimum subscription amount of 1,000 shares and in multiples of 100 shares thereafter.    

All you need to do is simply hit the Place Order button at the very bottom and you’re all set.   

All orders must be submitted by not later than the 16^th June 2022 at 17:00 (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 go down as well as up and past performance is not necessarily indicative of future performance. Investing in shares of the Issuer may result in a loss of some or all of the capital invested.  

Prospective investors are urged to consult their Financial Advisor prior to investing in shares of the Issuer and make an investment on the basis of the Prospectus, including the Risk Factors contained therein. Prospective investors 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 advert has been 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.