The following is a company announcement issued by MeDirect Bank (Malta) plc (the"Bank") pursuant to the Listing Authority Listing Rule 5.
Mr. Mark A. Watson, the CEO of the Bank, and Mr. Joaquin Vicent Peris, the Director - Treasury and Investments of the Bank, will no longer serve in an executive capacity with the Bank effective as from today.
Mr. Philippe Delva, the CEO of the Bank's subsidiary, MeDirect Bank S.A., a Belgian credit institution, will serve as CEO of MeDirect Group and the Bank pending the announcement of a permanent replacement for Mr. Watson.
The Bank thanks Mr. Watson and Mr. Vicent for their service and wishes them well in their future endeavors.
Paula Galea Farrugia