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BUSINESS TODAY 11 August 2022

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11.08.2022 6 MARKETS Symbol Volume Value Trades High Low Open Closing Change Code Traded Traded Trades Price Price Price Price EQUITIES APS 86,500 56,756.13 8 0.665 0.650 0.660 0.665 0.005 BMIT 150,000 70,500.00 5 0.470 0.470 0.470 0.470 0.000 IHI 80,000 54,250.00 3 0.680 0.670 0.680 0.670 0.010 MIA 2,900 17,275.00 3 6.000 5.950 5.950 6.000 0.050 MMS 5,000 9,000.00 1 1.800 1.800 1.800 1.800 -0.010 SFC 2,700 20,250.00 2 7.500 7.500 7.500 7.500 0.300 GOVERNMENT STOCKS G29B 453,000 457,983.00 2 101.100 101.100 101.100 101.100 1.060 G30A 2,200 2,666.62 1 121.210 121.210 121.210 121.210 0.730 G39A 5,000 4,500.00 1 90.000 90.000 90.000 90.000 0.000 CORPORATE BONDS AX32A 10,000 10,048.00 2 100.480 100.480 100.480 100.480 0.480 DN33A 20,500 21,236.02 5 103.600 103.490 103.490 103.600 0.600 FR32A 20,000 20,000.00 2 100.000 100.000 100.000 100.000 0.000 GH27A 60,000 60,900.00 2 101.500 101.500 101.500 101.500 0.500 GO31A 35,600 35,742.40 4 100.400 100.400 100.400 100.400 0.000 HF27A 6,000 6,060.00 1 101.000 101.000 101.000 101.000 0.500 HF29A 10,000 9,850.00 1 98.500 98.500 98.500 98.500 1.490 IH26A 3,700 3,718.50 1 100.500 100.500 100.500 100.500 0.500 MR26A 1,000 1,000.00 1 100.000 100.000 100.000 100.000 -1.400 MY32A 72,900 74,505.20 3 102.400 101.950 101.950 102.400 0.400 ON34A 3,100 3,158.90 1 101.900 101.900 101.900 101.900 -0.100 PC26A 8,000 8,080.00 2 101.000 101.000 101.000 101.000 -0.490 SA32A 400 409.96 4 102.490 102.490 102.490 102.490 0.000 SH32A 9,000 8,820.00 2 98.000 98.000 98.000 98.000 2.000 SM31A 17,200 17,720.00 5 104.000 103.000 103.000 104.000 1.000 ST29A 10,000 10,100.00 1 101.000 101.000 101.000 101.000 0.990 TI24A 500 503.00 1 100.600 100.600 100.600 100.600 -1.400 VR27A 12,600 12,705.50 3 100.990 100.250 100.250 100.990 0.990 Malta Stock Exchange Regulated Main Market Trading Date: 10 Aug 2022 Elon Musk sells Tesla shares worth $6.9 billion ELON Musk has sold another tranche of Tesla shares, ahead of his courtroom showdown with Twitter in October. Musk sold $6.9bn (£5.7bn) worth of shares in Tesla, after admitting that he could need the funds if he loses the battle with Twitter and is forced to buy the platform. Musk is counter suing Twitter, after the platform made good its warnings and sued him over his attempt to terminate his agreed $44 billion deal to acquire the so- cial media platform. Twitter tussle Last week Twitter labelled Elon Musk's lawsuit counterclaims as "factually inaccurate, legally in- sufficient, and commercially ir- relevant". In the agreement he signed with Twitter, Musk can only back out of the deal if something ma- jor happens to Twitter's business. ere is doubt that Musk's alle- gations about Twitter's bot num- bers may be enough of a justifi- cation. Twitter can demand the $1 billion (£836m) contractual breakup fee from Musk, if he re- neges on the agreement. Musk however cannot be or- dered to close the deal if his fi- nancing fails – provided he was not the cause of the failed fund- ing. Share sale Musk confirmed the share sale on Tuesday when he relied to a tweet from Sawyer Merritt, who revealed that Musk had filed a total of six Form 4s with the SEC showing that he sold 7,924,107 $TSLA shares worth about $6.9 billion. In his reply, Musk explained his reasoning for the share sale. "In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock," Musk said. Musk has committed more than $30bn of his own money to the financing of the deal, with more than $7bn of that total provided by a number of others including former Oracle CEO Larry Ellison, the Qatar state investment fund, and Binance – the world's largest cryptocur- rency exchange. Musk sold $8.5bn worth of Te- sla shares in April and said at the time there were no further sales planned. His latest share sell-off leaves him with 155 million Tesla shares, or just under 15 percent of the world's most valuable car maker. Musk has sold nearly $32bn of Telsa stock in the past year, and despite that he remains the world's richest man, with an es- timated $250bn fortune, accord- ing to the Bloomberg billionaires index It is also worth noting that Musk was quizzed on Tuesday if he would create his own so- cial media platform if the Twit- ter deal didn't close, he replied: "X.com". FARSONS SFC ORD SHARES

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