MeDirect Bank (Malta) plc is pleased to announce that it will be accepting applications from anyone interested in the Initial Public Offering (IPO) by Computime Holdings plc (the “Issuer”).
The Computime Group is a leading provider of specialist ICT services, with a successful track record for implementing projects both locally and overseas, for over four decades. They partner with many of the largest organisations in Malta (including MeDirect) and have a staff of over 100 professionals. Their vision is to combine specialised knowledge with leading ICT technology and offer integrated solutions for customers.
The Company is projecting a net dividend yield of 6.4% (gross dividend yield of 8.95%) for the financial year ending 31 December 2025.
The company will be issuing 22,987,600 new ordinary shares (ISIN: MT0002840107) at a nominal value of €0.10 each at an Offer Price of €0.45 per ordinary share in Computime Holdings plc.
You will be able to apply for subscription subject to a minimum application of 3,000 shares and in multiples of 200 shares thereafter.
All new shares will be listed on the Official List of the Malta Stock Exchange. Full details about this IPO are set out in the Prospectus which can be found at: Initial Public Offering – COMPUTIME.
All applications must be received by not later than 29th November 2024. In the event of over-subscription, the Issuer reserves the right to close the Offer Period before this date.
If you are interested in applying, please send us a Secure Mail or contact your existing 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 is 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.
MeDirect Bank (Malta) plc, company registration number C34125, is licensed by the Malta Financial Services Authority under the Banking Act (Cap. 371) and the Investment Services Act (Cap. 370). This material shall not be reproduced in any way, whether in whole or in part, by the recipient. Any unauthorised disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.
