Company Announcements – August 2006

To view the official Announcement click on the Company name.


The Board of Directors of Maltacom p.l.c is scheduled to meet on Thursday the 14th September 2006 to:

(i)                  consider and approve, the Company’s Financial Statements for the period ending 30th June, 2006;

(ii)                consider the declaration of an interim dividend.


In a meeting of the Board of Directors of Lombard Bank Malta p.l.c. held on 8 August 2006, the attached Group and Bank Interim Accounts for the six-month period ended 30 June 2006 were approved.


Following the approval at the Annual General Meeting of International Hotel Investments plc (IHI) held on 31st May 2006 of the resolution authorizing the Directors to issue and allot up to 150 million shares in the Company and waiving pre-emption rights, the Board of Directors has issued and allotted shares to:

National Projects Holding Company (NPHC), which has subscribed to an initial 2,000,000 shares at Euro 1 each; and

Bayan Investments Co. of Kuwait, which has subscribed to 1,972,995 shares at Euro 1 each.

The subscribed shares have been fully paid-up and have been registered and admitted to trading by the Malta Stock Exchange.

Negotiations are actively ongoing on the issue of further shares in IHI to strategic investors in terms of the agreement entered into with NPHC.

Hotel San Antonio

Ms. Susana Belando Alonso has been appointed as General Manager with effect from the 5th August 2006. Ms. Belando Alonso holds a degree in economics orientated in the Tourism Studies.

Ms. Belando Alonso takes over from Mr. Jules Henri Edouard whose contract as General Manager of Hotel San Antonio expired in August 2006.

There is no matter concerning Ms Belando Alonso requiring disclosure under Listing Rule 8.12.