APS Bank plc is proceeding with its Rights Issue after securing approval from the Malta Financial Services Authority (MFSA) for both its Prospectus and the admissibility of the new shares to listing on the Malta Stock Exchange.
Under the offer, shareholders on the register as of 6th October 2025 will be entitled to subscribe for three new shares for every 11 shares held, at a price of €0.44 per share. The Rights Issue Offer Period will run from 27th October to 14th November 2025.
Eligible shareholders will receive a personalised information booklet with provisional allotment letters, enabling them to subscribe in full, partially assign, or renounce their entitlement. Those subscribing in full will avoid any dilution of their shareholding, while those who do not take up their full rights may face dilution of up to 21.4 per cent if all excess shares are subscribed by others.
Following the Rights Issue, any remaining shares will be offered to the public through an Intermediaries’ Offer, with preference given to APS Bank bondholders, directors, and employees. The minimum subscription for this offer will be 1,000 shares, also at €0.44 per share. This phase is expected to open between 24th November and 5th December 2025, though it may close earlier at the bank’s discretion.
According to APS Bank, the new shares will be allocated with priority to existing shareholders and those participating in the pre-placement process, before being extended to preferred applicants and the general public if any excess remains.
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Written By
Nicole Zammit
When she’s not writing articles at work or poetry at home, you’ll find her taking long walks in the countryside, pumping iron at the gym, caring for her farm animals, or spending quality time with family and friends. In short, she’s always on the go, drawing inspiration from the little things around her, and constantly striving to make the ordinary extraordinary.
