(From left to right): Josef Portelli (Managing Director, ReAPS Asset Management Ltd), Etienne Borg Cardona (Director, APS Funds SICAV plc), Rebecca Falzon Vasic (Company Secretary on behalf of Apex Corporate & Advisory Services Ltd), David Galea Souchet (Chairman, APS Funds SICAV plc), Graziella Bray (Director, APS Funds SICAV plc), and Julia Gingell (Director, Deloitte Audit Ltd). Photo rights: Ian Noel Pace.
APS Funds SICAV plc held its 17th Annual General Meeting (AGM) on Tuesday 8 April 2025 at The Phoenicia Malta, The Mall, Floriana. The meeting was attended by shareholders of the Company.
During the AGM, the Directors presented the company’s performance over the past year, within the context of key developments in the Maltese and international markets. ReAPS Asset Management Limited, in its role as Investment Manager, gave an overview of the performance of the APS Income Fund, APS Diversified Bond Fund, APS Ethical Cautious Fund (formerly APS Ethical Fund), APS Ethical Balanced Fund and APS Ethical Adventurous Fund (formerly APS Global Equity Fund). All resolutions presented for shareholder consideration were approved. These included the approval of the audited financial statements for the year ended 31 December 2024, the reappointment of Deloitte Audit Limited as auditors, and authorisation for the Board to determine their remuneration. The three current Directors – Mr David Galea Souchet, Dr Etienne Borg Cardona, and Dr Graziella Bray – were confirmed in their roles for another term. Shareholders also agreed to maintain the Directors’ remuneration at current levels.
Commenting on the event, David Galea Souchet, Chairman at APS Funds SICAV plc, said:
“This year’s AGM reflected our ongoing commitment to transparency, sound governance, and shareholder engagement. We are pleased with the continued support shown by shareholders and remain focused on delivering long-term value through responsible investment strategies.”
