Resumption of trading and listing of new Bond Issue
The Board of Directors of International Hotel Investments p.l.c. (the “Company”) announces that trading in the Company’s 5% Convertible Bonds 2010 (“Maturing Bonds”) will resume tomorrow Wednesday, 14th April 2010.
Trading on this Bond was suspended on 2nd March 2010. This was done in order to give bondholders featuring on the register as at 26th February 2010, the option to surrender their holding of Maturing Bonds in favour of the new 6.25% Bonds 2017-2020 issued by the Company on 1st March 2010. This new Bond was today listed on the Malta Stock Exchange, pursuant to Council Notice No. 620.
The register of 5% Convertible Bonds 2010 now includes those bondholders who chose to redeem their holding on 29th May 2010.
13th April 2010