There was an excellent turnout of 96 per cent for the meeting held for all shareholders of the National Bank of Malta on 1 December.

No formal decision was taken during the meeting with regard to the government’s recent offer of settlement because so far this has not been formalised and its terms are not defined.

The shareholders present expressed an overwhelming willingness to settle this 32-year-old issue out of court but at a figure that was just, fair and reasonable to all concerned.