GAP Developments plc has announced that Edward Camilleri-Bonici has resigned from the post of Group Financial Controller as from 30 September.

The group announced that with immediate effect Ian Caruana has been appointed in his stead.

In a separate announcement, the company announced that during the month of September it repurchased 783,000 7% Secured Bonds 2007 – 2013 from its bondholders as permitted in the company prospectus dated 21 March, 2007. All bonds so purchased by the company are being cancelled.