Hili Properties plc – Conditional Voluntary Public Takeover Offer by Hili Ventures Ltd

Voluntary Takeover Bid by Hili Ventures Ltd 

for all of the Ordinary Shares in issue by

 

 

Hili Properties plc (the Company) has announced the intention of Hili Ventures Ltd to launch a conditional voluntary public takeover bid for the acquisition of all the issued share capital of the Company. Hili Ventures Ltd is offering €0.24 per share to all shareholders.

Hili Ventures Ltd (the offeror) is a privately-owned Maltese holding company with operations across 10 countries, employing over 12,000 people. It operates in diverse sectors, including food service & retail, real estate & hospitality, shipping, oil & gas, engineering, and technology. The offeror currently holds 299,999,990 ordinary shares in Hili Properties plc, representing just over 74.83% of the issued share capital.

Jesmond Mizzi Financial Advisors Ltd is acting as one of the Authorised Financial Intermediaries and is currently processing acceptance forms until March 25, 2025.

The acceptance form will be sent to the shareholders of Hili Properties plc by mail or can be downloaded by clicking the ‘Download Acceptance Form’ button below. 

We would be pleased to process the acceptance form on your behalf. Please contact your investment advisor, who will be happy to assist you with any queries you may have.

Prospective clients should refer to the Offer Document dated February 21, 2025, which may be obtained electronically via email upon request or by clicking the “Download Offer Document” button below.

DOWNLOAD OFFER DOCUMENT                                     DOWNLOAD ACCEPTANCE FORM

You may contact us on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Hamrun or Birkirkara or by appointment in Ta’ Xbiex or Valletta. 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 sell investments. No liability is accepted whatsoever for any loss howsoever arising from any information in this document. Potential participants should read the Offer document before making any decision. Mr Jesmond Mizzi is a non-executive director of Hili Ventures Ltd, the offeror, and consequently, a conflict of interest may arise. Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services by the MFSA under the investment services act and is a Member Firm of the Malta Stock Exchange. For further information contact Jesmond Mizzi Financial Advisors Limited at 67, Level 3, South Street, Valletta, or on Tel: 21224410, or email [email protected]