Melita bond applications met in full

Melita Capital p.l.c. said today that the applications made for its €25,000,000 7.15% 2014-16 bonds will be met in full.

The bond issue was oversubscribed but the company exercised the over-allotment option to satisfy demand.

Interest on the Bonds will commence as from today.

The company received €14,426,100 in eligible applications at the pre-placement stage. In accordance with the Prospectus, the maximum amount of subscriptions that could be allowed during the pre-placement stage was €18,000,000. Subscriptions were accepted in full as long as these were backed by underlying applications of not less than €10,000.

Applications received from the public amounted to €11,452,200. Taking into account the applications allocated at the pre-placement stage, the company received a total of €25,878,300 from 1,905 individual applicants.

Melita Capital thanked all private and institutional investors and financial intermediaries for their support.