St George’s Exchange

Reference is made to an announcement issued by GO plc on 2 August 2018 whereby the company announced that, by virtue of an agreement dated 2 August 2018, SGE Property Company Limited promised and bound itself to sell and transfer to Mercury Exchange Limited which bound itself to purchase and acquire Saint George’s Exchange in Triq San Gorg, St Julian’s including its surrounding land, inclusive of its subsoil and airspace.

As further indicated in the original announcement, one of the conditions of the agreement required the purchaser to transfer and assign unto GO at a nominal price of €100, the property situated within the first level below road level from Triq San Gorg and abutting the said Triq San Gorg consisting of a net floor area of 303 square meters with relative rights of access through other property of the purchasers or associated individuals or companies.

By means of a deed dated 18 June, the purchaser sold and GO purchased the property subject to such terms and conditions as contained in the deed.