The Malta Independent 17 December 2018, Monday

ANCHOVY. Studios PLC announces €1m Bond Issue after MSE approval for listing

Monday, 22 May 2017, 14:33 Last update: about 3 years ago

The Malta Stock Exchange has approved the application for the admission to Prospects of the proposed issue of €1,000,000 ANCHOVY. Studios plc 5.5% Unsecured Bonds 2027 having a nominal value of €1000 per Bond.

With respect totaking ANCHOVY. to PLC status and successfully opening the bond application, founders Zak and Benji Borgsaid this was‘a ground-breaking achievement locally that is evidence of ANCHOVY’s  past success and promising future achievements. A deserved thank you goes out to our clients, partners and team members.’

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Starting from a humble start-up, today theANCHOVY. digital marketing and data business has grown into a team of 30 people, spread across two offices in Malta and the company’s first international office in Dubai, housed in the prestigious Boulevard Plaza.

The proceeds of the bond are intended to be used to further finance the growth plan the company has embarked on both locally and abroad as well as the development of diverse tried and tested business streams.

Bringing on board senior directors that boast decades of combined industry experience and impeccable entrepreneurial reputations has solidifiedthe long-term vision of the company. It’s an enviable blend of business acumen and youthful enthusiasm that has the Borg brothers understandably enthusiastic about what’s to come.

Applicants interested in the bond issue are kindly requested to contact Jesmond Mizzi Financial Advisors Ltd. for further information on the application procedure.

Copies of the Prospectus as well as more information about the ANCHOVY. Studios PLC listing and bond issue can be found on  www.anchovyinc.com/ir/ 

Potential investors should seek financial advice prior to investing and should remember that the value of the bonds can go up as well as down and past performance is no guarantee to future performance.

 

Founders Benji Borg (Left) &Zak Borg (Right)

 

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