NEW
Rights Issue
A 3 for 11 Rights Issue
and, in the event that the Rights Issue is not subscribed in full,
a public offer of Excess Shares via an Intermediaries’ Offer
in each case at a Subscription Price of €0.44 per New Share
APS Bank is pleased to announce the launch of its Rights Issue, which aims to raise c. €45 million in new equity, permitting us to grow, seize future business opportunities and stay ahead of regulatory requirements.
The following are the key details of the Rights Issue:
- Offer Ratio: Eligible shareholders have the opportunity to subscribe for 3 new ordinary shares for every 11 shares they currently hold (3:11).
- Subscription Price: Each new share is available at a price of €0.44.
- Record Date: To be eligible to participate in the Rights Issue , shareholders must be listed on the Register of Members of the Malta Stock Exchange as of Monday, 6 October 2025 (the last trading date is Thursday, 2 October 2025).
- Application process: Starting from Thursday, 23 October 2025, eligible shareholders will receive a pre-printed Information Booklet and Provisional Allotment Letters (PALs) to indicate their preferred investment option. Shareholders who choose not to participate in the offer do not need to take any action.
- Rights Issue Offer Period: The offer will open on Monday, 27 October 2025 until Friday, 14 November 2025. Applications will be accepted at all APS Bank branches or participating Authorised Financial Intermediaries.
- Intermediaries' Offer: Should the Rights Issue not be fully subscribed, any unallocated shares (Excess Shares) will be made available to the general public through an Intermediaries’ Offer, also at a subscription price of €0.44 per share, with preference given to the Bank's bondholders and APS Group directors and employees.
- Intermediaries' Offer Period: The offer will open on Monday, 24 November 2025 until Friday, 5 December 2025, but may close earlier at the Bank's discretion.
- Listing: All subscribed shares will be admitted to listing on the official list of the Malta Stock Exchange. All new ordinary shares will carry the same rights and will rank pari passu with the shares currently in issue.
Any decision to purchase, subscribe for, acquire, sell or otherwise dispose of shares during the Rights Issue must be made solely on the basis of the information contained in the Prospectus dated 22 October 2025.
To learn more please download the Prospectus below. Copies are also available from the Bank’s Branches and other participating Authorised Financial Intermediaries.
List of "Documents for Inspection"
as per the Rights Issue Prospectus
Book an appointment
Issued by APS Bank plc, a public limited liability company with registration number C2192 and having its registered address at APS Centre, Tower Street, B’Kara BKR 4012, Malta. The Malta Financial Services Authority (“MFSA”) authorised the Prospectus and the shares as eligible to listing on the MSE pursuant to the Capital Markets Rules. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the shares. The value of an investment, as well as the income therefrom, can go down as well as up and past performance is not necessarily indicative of future performance. Investors may lose some or all of the money invested. Prospective investors wishing to subscribe for the shares should do so on the basis of the Prospectus to fully understand the features of the investment and the potential risks and rewards associated with the shares. Prospective Investors are urged to consult their independent financial adviser as to the suitability or appropriateness of investing in the shares.
APS Bank plc is regulated by the Malta Financial Services Authority as a Credit Institution under the Banking Act 1994 and to carry out Investment Services activities under the Investment Services Act 1994.