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MIH – Company Announcement – Basis of Acceptance

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Mediterranean Investments Holding p.l.c. announced the basis of acceptance for the €40,000,000 5.0% Unsecured Bonds 2022 Guaranteed by Corinthia Palace Hotel Company Limited.

The company received a total of 6,819 applications for a total value of €82,661,700.

Total Maturing Bonds transferred to the Company in exchange for Bonds Amounted to the equivalent of €28,375,534 representing 71.08% of the Maturing Bonds. This amount was allocated in full.

Additional amounts applied for by holders of Maturing Bonds, and applications received by holders of Existing Corinthia Bonds, were allocated the first €1,000 in full and 12.586% on the remaining balance rounded to the nearest €100.

Interest on Bonds will commence on 6 July 2017 and refunds of unallocated monies will be made by latest 3 July 2017. The Bonds are expected to be admitted to listing on the Official List of the Malta Stock Exchange on 5 July 2017 and trading expected to commence on 6 July 2017.

Redemption of outstanding amounts on the Maturing Bonds together with payment of interest up to and including 5 July 2017 will be made on 6 July 2017.

For more information, please contact us on 25 688 688 or [email protected]