Issue link: https://maltatoday.uberflip.com/i/1425443
Hili Properties plc is a subsidiary of Hili Ventures Limited | Hili Properties, Nineteen Twenty Three, Valletta Road, Marsa, MRS 3000, Malta | T 00356 2568 1200 | E info@hiliproperties.com advertisement REPRESENTING A 7% DISCOUNT* ON THE €0.29 PER SHARE VALUE CASHGENERATING BUSINESS | WHOLLYOWNED, DIVERSIFIED PROPERTY PORTFOLIO | FOCUSED SOLELY ON INVESTMENT IN REAL ESTATE | 9YEAR SUCCESSFUL TRACK RECORD ACROSS EUROPE 185,185,185 New Ordinary Shares at an issue price of €0.27 per share ESTONIA | LATVIA | LITHUANIA | MALTA | ROMANIA 4% DIVIDEND PER ANNUM** hiliproperties.com For more information one should refer to the Prospectus dated 25 October 2021 ("Prospectus"), which may be downloaded from the Company's website www.hiliproperties.com. Copies of the Prospectus are also available, together with application forms, from Authorised Financial Intermediaries listed on the Company's website during o€ce hours. Applications for the Equity Issue may be made for a minimum of 4,000 shares and in multiples of 100 shares thereafter. The subscription period is between 4 November 2021 and 26 November 2021 (both days included) or earlier if fully subscribed. The shares are expected to be admitted to the O€cial List of the Malta Stock Exchange on 15 December 2021 and trading is expected to commence on 16 December 2021. *The net asset value of the Ordinary Shares of a nominal value of €0.20 as of 30 June 2021 is of €0.29. New Ordinary Shares issued at a price of €0.27 represent a reduction of €0.02 or a 7% discount on the net asset value as at 30 June 2021. The price of shares to be listed and traded on the MSE may fluctuate depending upon the liquidity of the market and not necessarily represent the Issuer's financial position. **A 4% total net dividend distribution as per the Issuer's Distribution Policy in the Prospectus is only an estimate and may not be a reliable indicator of dividend distributions based on the Company's future financial position and performance. Dividend payments may vary and are not guaranteed. This advert has been issued by Hili Properties p.l.c. ("Issuer"), a public limited liability company with registration number C 57954 and having its registered o€ce at Nineteen Twenty Three, Valletta Road, Marsa MRS 3000, Malta. A Prospectus has been issued by the Issuer for the oŸer of New Ordinary Shares and an application was made for the shares to be listed on the Malta Stock Exchange ("MSE"). The Malta Financial Services Authority ("MFSA") authorised the Prospectus and the shares as eligible to listing on the MSE pursuant to the Capital Markets Rules. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the New Ordinary Shares oŸered and admitted to trading on the O€cial List of the MSE. 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 should read the Prospectus prior to making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in Shares of the Issuer. Prospective investors are urged to consult their independent financial advisor as to the suitability of investing in Shares of the Issuer. This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited ("CCIS") on behalf of the Issuer. CCIS acts as Sponsor to the issue. CCIS 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. €1.50 THURSDAY 4 NOVEMBER 2021 • ISSUE 128 WWW.BUSINESSTODAY.COM.MT PAGE 2 INTERVIEW PAGE 5 PAGE 3 PAUL COCKS INTERNATIONAL Hotel Invest- ments p.l.c. has announced it will be offering to the public €80,000,000 Unsecured Bonds due in 2031 at the rate of 3.65% per annum of a nom- inal value of €100 per Bond at par. e aggregate proceeds from the Bond Issue, which net of Bond Issue expenses are expected to amount to approximately €79,150,000 will be used by the Issuer for the following purposes: Acquiring for redemption and cancellation a maximum amount of €20,000,000 in Maturing Bonds from Maturing Bondholders sub- scribing for Bonds by way of Matur- ing Bond Transfer, and to redeem any Maturing Bonds remaining in issue as at the Maturing Bonds Re- demption Date. IHI €80m bond issue will fund Hal-Ferh project and hotels restructuring Taking finanial advisory to a new level MEA president: 'No conflict between saving planet and jobs' STAR PERFORMER MSE FTSE 100 € EXCHANGE RATES Trading Date: 3 Nov 2021 Number of Trades: 51 Turnover: €425,480.79 MSE TRX Index: 7,942.377 (Change: +0.413%) Name 3.8% HLF 2029 HF29A - Currency EUR Last Traded 3 Nov, 2021 Price 102.000 Change 2.000 US Dollar 1.1581 British Pound: 0.84773 Japanese Yen: 132.09 Australian Dollar: 1.5589 Swiss Franc: 1.0565 7,246.61 -28.20 7,277.64 / 7,235.32 7,274.81 Value Net variation Previous close High / Low 0.39% MALTA Employers Associa- tion's President Joanne Bon- din said the protection of jobs and the planet should not be conflicting objectives. "Without the planet, we will have no jobs," she said. "So we must learn to adapt, find the right balance and think long- term. Awareness, knowledge, technology are the tools that will help us get there". The Hal-Ferh Corinthia Oasis, will comprise a 5-star hotel with 162 rooms and 25 hotel- serviced residences. The proposed resort and residences will rise to one and two storeys Trading in the securities is expected to start on 17 December 2021