APS Bank plc has announced a Rights Issue to raise approximately €45 million in new equity. The Rights Issue will offer existing shareholders the opportunity to subscribe for new ordinary shares at a ratio of 3 new shares for every 11 shares held, at a price of €0.44 per share. The Record Date for determining eligibility is Monday, 6 October 2025 (with the last trading date being Thursday, 2 October 2025).
Key Highlights
- APS Bank plc intends to raise approximately €45 million in fresh equity through a Rights Issue of new ordinary shares.
- The Rights Issue is part of APS Bank’s strategy to strengthen its capital base, support future growth, and comply with regulatory capital requirements.
- Any new shares not taken up by existing shareholders will be offered via an Intermediaries’ Offer to other potential investors.
Why APS Bank Is Launching the Rights Issue
In recent years, APS Bank has pursued growth both organically and through targeted acquisitions, while also working to reinforce its capital structure. The Rights Issue is designed to support expanded lending capacity, increased investment in technology, and broader market reach.
Additionally, the Bank’s two qualifying shareholders, AROM Holdings Ltd (Archdiocese of Malta) and Diocese of Gozo, currently hold approximately 54.67% and 12.52%, respectively. Under conversion and dilution plans, these shareholders are expected not to fully subscribe to their rights, which may further reduce their proportionate stakes in APS Bank.
Application Process:
- For Customers Holding Shares Under Nominee:
- You will receive a Secure Message from us with detailed instructions on how to apply for the Rights Issue.
- For Customers with Direct Holdings:
- You will receive the application form by post, along with instructions on how to proceed.
Important Dates:
- Record Date: Monday, 6 October 2025
- Last Trading Date: Thursday, 2 October 2025
- Offer Price: €0.44 per new ordinary share
Full details about this issue are set out in the Base Prospectus dated 22 October 2025 on the APS website accessible from https://www.apsbank.com.mt/rights-issue/.
If you are interested in applying, please send us a Secure Mail or contact your Relationship Manager.
For further information, please call us on (+356) 2557 4400 or send an email to customerservice@medirect.com.mt.
The information set forth in this article is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue. The financial instruments discussed may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.
The financial instruments discussed are intended for retail clients, however, may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.
MeDirect Bank (Malta) plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. MeDirect Bank (Malta) plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect on your investment.
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