Last Friday, the 31st of July, marked the first day of trading for Shoreline Mall p.l.c. on the Malta Stock Exchange. This followed a highly successful bond issue in which €40,000,000 of bonds were issued and subscribed to by the general public.
The formal commencement of trading was followed by the traditional bell-ringing ceremony at the Malta Stock Exchange, attended by the board of directors of Shoreline Mall p.l.c., Calamatta Cuschieri Investment Services Limited (as the Company’s Sponsor) and DF Advocates (as the Company’s Legal Advisor) as well as top Malta Stock Exchange officials.
Mr Ryan Otto, the Company’s Chief Executive Officer, highlighted that the Company’s listing on the main market of the Malta Stock Exchange was the culmination of the Company’s efforts in aiming to deliver a landmark development in the South of Malta and in turn, improving the quality of life in the area and creating new employment opportunities.