APS Bank plc has launched an Initial Public Offering (IPO) of 100,000,000 new ordinary shares, subject to an over-allotment option of an additional 10,000,000 new shares, at an issue price of €0.62 per share. All current and new shares will be listed on the Official List of the Malta Stock Exchange. The Offer Period will be open between Friday 3rd June and Friday 17th June 2022, unless closed earlier as may be announced by the Bank. Applications will be accepted from Friday 3rd June at all APS Bank branches or at Authorised Financial Intermediaries listed in the Prospectus which may be downloaded from the Bank website on apsbank.com.mt/ipo.
Marcel Cassar, APS Bank CEO, commented: “Since its inception over a century ago, APS Bank has become a leading financial institution in the Maltese Islands with a heart for community banking. To take the Bank to its next phase of growth, we are proud to have kept the forthcoming IPO local, as a sign of trust in the market community which has brought us to where we are today.”
To learn more about the Offer of Shares please visit apsbank.com.mt/ipo. You may also reach out via email on ipo@apsbank.com.mt, visit one of our branches or call our Contact Centre on (+356) 2122 6644, Monday to Sunday, 8am to 8pm.
Prospective investors wishing to subscribe for the shares should do so on the basis of the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the shares. The value of an investment, as well as the income therefrom, can go down as well as up and past performance is not necessarily indicative of future performance. Investors may lose some or all of the money invested Prospective Investors are urged to consult their independent financial adviser as to the suitability or appropriateness of investing in the shares. The Bank is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370.
