The Malta Financial Services Authority has suspended the listing and trading of 4.4% Von der Heyden Group Finance plc Unsecured € 2024 after guarantor Timan Investments Holdings Ltd failed to publish the annual audited financial statements 2018 within the time-frames stipulated in the listing rules.

It also suspended the listing and trading of Global Capital plc Ord €0.291172 and 5% GlobalCapital plc Unsecured €2021 over Global Capital's failure to publish the annual financial report of 2018 within the time-frames stipulated in the listing rules.

The MFSA said the suspensions were valid until May 16 but could be terminated earlier should the statements be published.

In the case of Bon der Heyden, it said the action was being taken in view of the fact that Von der Heyden Group Finance plc was essentially a special purpose vehicle, set up to act as a finance company solely for the needs of the group.

Von der Heyden Group Finance plc is a fully-owned subsidiary of Timan Investments Holdings Ltd, which is also the parent company of the group.

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