Initial Public Offering – Harvest Technology p.l.c.
The Board of Directors of 1923 Investments p.l.c. hereby announces that it has approved the sale of 40% of its shareholdings in Harvest Technology p.l.c. (part of the Hili Ventures Group); through an initial public offering.
The shareholders of the Company will be offering for sale a total of 9,112,256 shares at a price of €1.50 per share.
The shares will be admitted to the Main Market of the Malta Stock Exchange and trading is expected to commence on 7th January 2020. Interested investors should submit their interest before 2nd December 2019, after having referred to the Securities Note, dated 18th November 2019.
Harvest Technology’s principal purpose is that of investing and holding interests in companies and other ventures operating in the technology and e-commerce solutions industries across a spread of geographical regions primarily in Malta, but also in parts of Europe and Africa. From a group perspective, the Company currently holds 100% of the share capital in PTL Limited, APCO Systems Limited and APCO Limited.
The Securities Note may be obtained by e-mail on request, or may be viewed when you click here.
For more information, please call on Freephone 8007 2206, to set-up an appointment with our Investment Advisors at one of our branches in Hamrun, Valletta, Birkirkara or Ta’ Xbiex. We will be pleased to answer any queries you may have on this issue.
This information is not intended to constitute an offer or agreement to buy or sell investments. The investment referred to in this document may not be suitable or appropriate for every investor. No liability is accepted whatsoever for any loss howsoever arising from any information in this document. The value of investments can go down as well as up. Investors may get back less than their initial investment and past performance is no guarantee of future performance. Jesmond Mizzi Financial Advisors Limited or any connected company, their clients, officers and employees may have a position or engage in transactions in the bond issue. Jesmond Mizzi is a non-executive director of Hili Ventures Ltd and consequently a conflict of interest may arise.