ELL Finance p.l.c. announces €30 million 5.35% Secured Bonds maturing in 2036

ELL Finance p.l.c. has announced the issuance of €30,000,000 5.35% Secured Bonds redeemable in 2036,  with each bond having a nominal value of €100 and being redeemable at par upon maturity. 

Full details about the bond issue are available in the Summary and Securities Note documents. 

Business overview 

ELL Finance p.l.c. was incorporated in July 2025 as the financing and investment vehicle of the Ellul family, whose entrepreneurial track record spans several decades across multiple industries in Malta. The company’s objective is to acquire and manage strategic investments across the infrastructure, parking, hospitality, entertainment, and tourism sectors in Malta. 

The Bond Issue forms part of the Group’s strategy to establish a transparent and sustainable corporate structure capable of supporting the continued growth of a diversified portfolio of income-generating assets. 

Overview of holdings 

MCP Company Limited 

The Group owns and operates MCP Company Limited, one of Malta’s leading car park operators. MCP operates the multi-storey car park in Floriana, strategically located at the gateway to Valletta. The facility is one of the island’s largest car parks, accommodating more than 1,500 vehicles across six underground levels. The concession for the car park extends until the year 2106, providing the Group with a long-term infrastructure asset positioned within one of Malta’s busiest commercial and administrative zones.  

In addition to parking operations, MCP generates revenue from long-term parking memberships, commercial rental income, advertising space, parking management services, and the sale and distribution of parking equipment through its partnership with Amano. 

The company has also undertaken significant investment in recent years, including the completion of an expansion and refurbishment project comprising additional parking capacity, commercial outlets, and a rooftop garden.  

Marine Aquatic Limited 

The Group owns 50% of Marine Aquatic Limited (MAL) which operates the Malta National Aquarium complex located in Qawra, St. Paul’s Bay, one of Malta’s most popular tourism and leisure destinations. 

The complex includes the Malta National Aquarium, Café del Mar Malta, La Nave Restaurant and the Pjazza San Pawl Kiosk. 

MAL combines tourism, hospitality and entertainment within a single destination and has established itself as a key leisure and tourism asset attracting hundreds of thousands of visitors annually. The Group intends to continue expanding through new guest experiences, technological improvements, and strategic brand partnerships. 

Use of proceeds 

The net proceeds from the Bond Issue are expected to be applied as follows: 

• the amount of circa €5.0 million will be used to repay the 2025 Notes;

• the amount of circa €3.3 million will be used to settle the MCP Company Facilities;

• the amount of up to circa €20.45 million will be used to pay part of the Purchase Price; and

• an amount of circa €0.7 million will be used for general corporate funding purposes.

 The Bond Issue is primarily intended to finance the acquisition and refinancing of strategic long-term operating assets within the Group’s investment portfolio. 

Bond highlights 

Term	Detail
Issuer	ELL Finance p.l.c.
Amount	€30,000,000
Coupon	5.35%
Maturity	2036
Status	Secured
Denomination	€100 per bond
Issue Price	At par
Listing	Malta Stock Exchange

The minimum subscription amount is €2,000 for new applicants and €1,000 for eligible holders of existing notes, with additional subscriptions accepted in multiples of €100. 

Security package 

The Bonds are secured by the MCP car park asset situated in Floriana. Key highlights of the security asset include: 

• One of Malta’s largest multi-storey car parks; 

• Strategically located adjacent to Valletta; 

• Concession extending until 2106; 

• Capacity exceeding 1,500 vehicles; and 

• Associated commercial outlets and ancillary facilities. 

The security package is intended to provide bondholders with additional protection through security granted over one of the Group’s principal infrastructure assets 

How to apply 

If you are considering participating in the Bond Issue, we recommend funding your account via bank transfer using your dedicated IBAN.  Your IBAN details are available on the Moneybase platform, as well as on your portfolio and statement reports. Alternatively, you can add funds to your account instantly by card through the Moneybase app. 

There are no application fees associated with subscribing to this Bond Issue. 

Customers may apply through the following channels: 

Online 

Applications can be submitted through the Moneybase platform, available on iOS, Android, and web. To apply, search for the bond within the platform and complete your application in just a few steps. 

5.35% ELL Finance plc 2036 

The minimum subscription amount is €2,000, with additional subscriptions accepted in multiples of €100. 

Advisory 

Clients seeking investment advice or personalised assistance may contact their financial advisor or visit any of our branches located in Birkirkara, Mosta, Sliema and Fgura. 

Our advisory teams will be available throughout the application period to guide clients through the subscription process and answer any queries they may have. 

Our ISO-certified Customer Care team is available 7 days a week. Clients can get in touch via in-app live chat or by calling on +356 25 688 688. 

Calamatta Cuschieri Investment Services Limited is a member of the Maltese Investor Compensation Scheme. Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09). 

This is a marketing communication. The information contained in this email is provided strictly for information purposes and does not constitute, nor should it be interpreted as, an offer, invitation, recommendation or solicitation to buy, sell or subscribe to any financial instrument or investment product.  

Prospective investors are encouraged to read the applicable terms and conditions, Prospectus and offering documentation in full before making any investment decision. Investors should be aware that investments in financial instruments involve risks, including the possible loss of part or all of the capital invested, particularly in the event of default, insolvency and/or bankruptcy of the issuer. 

The financial instruments referred to herein are intended for retail clients; however, they may not be suitable or appropriate for all investors. Investors should make their own independent assessment and seek independent professional advice regarding the suitability and appropriateness of any investment, taking into account their individual investment objectives, financial situation and risk tolerance. 

The value of investments and any income derived therefrom may fluctuate and can go down as well as up. Past performance is not a reliable indicator or guarantee of future performance. Where investments are denominated in a currency other than the investor’s base or reporting currency, changes in foreign exchange rates may adversely affect the value and/or returns of the investment. 

Calamatta Cuschieri Investment Services Ltd, company registration number C13729, is licensed by the Malta Financial Services Authority to conduct investment services business under the Investments Services Act, Cap 370