The Convenience Shop (Holding) plc – New Share Offer
New Share Offer – The Convenience Shop (Holding) plc
We are pleased to inform you that The Convenience Shop (Holding) plc have announced the issuance of 7,700,000 ordinary shares, which are to be offered at €0.97 each (at a nominal value of €0.16 per share) equivalent to a valuation of €7.5m. This share offer will be available to the general public from 1 February 2023 and will close on 10 March 2023 or earlier.
Jesmond Mizzi Financial Advisors Ltd is participating in this issue as one of the authorised financial intermediaries and is currently accepting applications for this share offer. The minimum subscription amount for each application has been set at €5,000 worth of shares for existing Jesmond Mizzi Financial Advisors Ltd clients.
Applications for the General Public will be available from our offices. We will be very pleased to process the application on your behalf and therefore, ask you to contact your investment advisor who will be happy to assist you in any queries you may have. A €25 fee applies for direct applications.
Prospective clients should refer to the Prospectus dated 25 January 2023, which may be obtained from our offices in hard copy free of charge, electronically by e-mail on request or by viewing our website www.jesmondmizzi.com.
| Issuer | The Convenience Shop (Holding) plc |
| Issue Type | Ordinary Shares |
| Issue Size | Existing shareholders will sell 6,700,000 shares and an additional 1,000,000 new shares will be issued at IPO |
| Share Offer Price | General Public:
€0.97 per share Preferred Applicants*: €0.945 per share (for a total of up to 1,052,631 shares) High Volume Applicants: €0.957 per share (investment of €0.15m or more) €0.945 per share (investment of €0.5m or more) €0.915 per share (investment of €1m or more) |
| Minimum Subscription | €5,000 |
| Offer Period | 1 February 2023 – 10 March 2023 |
| Expected Date of Commencement of Trading | 4 April 2023 |
| *Preferred Applicants – Employees and franchisees of any company forming part of the group at the date of the Prospectus |
You may contact us on freephone number (+356) 2122 4410 or speak to our Investment Advisors at one of our branches in Hamrun, Birkirkara, Valletta or Ta’ Xbiex (by appointment).
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 share issue. Jesmond Mizzi Financial Advisors Limited of 67, level 3, South Street, Valletta, Malta, is licensed to conduct investment services business by the MFSA under the Investment Services Act and is a Member of the Malta Stock Exchange.