Allocation of Maltapost shares

In order to ensure the widest distribution of shares as possible among the applicants for Maltapost shares, the government yesterday published the allocation policy that will be adopted.

All the minimum applications of 2,000 shares will be met in full; those who applied for more than 2,000 shares will be allotted the first 2,000 shares in full and 1.1062 per cent of the remaining balance.

In line with the terms of the prospectus, allocation advisories and refunds of unallocated monies will be dispatched tomorrow. Meanwhile, the Maltapost shares will be admitted to the Official List of the Malta Stock Exchange tomorrow while trading is expected to commence on Friday.