DIZZ Group bonds start trad­ing on MSE

Malta Independent - - BUSINESS & FINANCE -

On Thurs­day, the Malta Stock Ex­change of­fi­cially com­mem­o­rated the ad­mis­sion of DIZZ Fi­nance plc’s €8 mil­lion bond is­sue to trad­ing on the Ex­change.

DIZZ Group Chief Ex­ec­u­tive Of­fi­cer Diane Izzo was greeted by Malta Stock Ex­change Chief Ex­ec­u­tive Of­fi­cer Si­mon Zam­mit and she cre­ated quite a stir when she rang the trad­ing bell no fewer than six times.

Among those present were DIZZ Group Chief Fi­nance Of­fi­cer Nigel Scerri, spon­sor­ing stock­bro­ker Matthew Bonello from Fi­nan­cial Plan­ning Ser­vices, MSE Busi­ness De­vel­op­ment Man­ager Cliff Pace and MSE Data and IT Op­er­a­tions Man­ager Mark Borg Car­dona.

A spokesman for the Ex­change said: “We take ev­ery op­por­tu­nity to sup­port newly-listed com­pa­nies and their con­tin­ued pres­ence on the mar­ket.”

A DIZZ Group spokesman said this was a sig­nif­i­cant first for the group, with fur­ther initiatives on the Ex­change be­ing con­sid­ered. “We are pleased with the con­fi­dence shown in DIZZ Group, with this 5% un­se­cured bond ma­tur­ing in 2026, which was is­sued at par, al­ready start­ing to trade at over 102.”

DIZZ Group Chief Ex­ec­u­tive Of­fi­cer Diane Izzo shakes hands with Malta Stock Ex­change Chief Ex­ec­u­tive Of­fi­cer Si­mon Zam­mit to of­fi­cially com­mem­o­rate the start of the DIZZ Fi­nance plc €8 mil­lion bond trad­ing. With them are (from left) DIZZ Group Chief Fi­nance Of­fi­cer Nigel Scerri and spon­sor­ing stock­bro­ker Matthew Bonello from Fi­nan­cial Plan­ning Ser­vices

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