The Malta Independent 26 April 2024, Friday
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DIZZ Group celebrates first day of trading at the Malta Stock Exchange

Tuesday, 20 November 2018, 09:15 Last update: about 6 years ago

The DIZZ Group has announce that the Euro 7,500,000 Unsecured Bonds maturing in 2028 with an annual 5.35% coupon guaranteed by D Shopping Malls Limited and issued in terms of a Company Admission Document has been fully subscribed. To celebrate this successful the company's Board of Directors were present for the opening bell ringing that signals the start of the trading session and which took place last Wednesday at the Malta Stock Exchange.

This is yet another milestone for the DIZZ Group, operators of leading fashion franchises Terranova, Liu Jo, Calliope, Brooks Brothers, Golden Point, MAX&Co., PINKO, Paul & Shark, Guess, Trussardi, Harmont & Blaine, Elisabetta Franchi, and Michael Kors among others. The Group also operates the Caffe Pascucci franchise in Malta.

Entrepreneur Diane Izzo founded the DIZZ Group in 2000 and which currently employs over 250 full-time staff. Speaking at the official bell-ringing event, the company's CEO Diane Izzo described it as a further major achievement for the company. She expressed great satisfaction as this was further confirmation of the confidence the financial market and investors have in the Group's present and future operations. "This is clearly the result of a number of achievements reached throughout the past year" Mrs Izzo said.

 "We have invested heavily in providing a satisfying and enjoyable shopping experience to our clients thanks to our perfectly trained staff. Our brands have proved to be rewarding investments and we are committed to seek further opportunities to ensure we remain market leaders in our sector," Mrs Izzo said.

The DIZZ Group, equally owned by Diane Izzo and her husband Karl, is one of Malta's most successful business operators. The growth experienced over the past three years is testimony to the fulfilment of the plans outlined by the company a few years back. The company will continue investing in present operations while diversifying further, in accordance with the business strategy adopted.

 


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