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62 tal-1994

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Malta Government Gazette — Legal Notice 1994 62 — 62 tal-1994 – Direttiva mill-Ministru tal-Finanzi, għall-Bdil f'Lm1,000,000 5.4% Stock tal-Gvern ta' Malta 1997 minn Lm1,000,000 5.5% Obbligazzjonijiet Reġistrati 1994 (It-Tieni Ħruġ)

L.N. 6l of 1994

LOCAL LOANS

(REGlS'TEIlED STOCK AND SECURITIES) ORDINANCE,

(CAP. 161)

CONVERSION OF REGISTERED DEBENTURE

Dlrectln by the Minister or Flna~

for the Connrsion iDto

LmI,OOO,OOO 5.4% Malta Govullmmt Stock 1997 (SKond Issue)

from LmJ,OOO,OOO 5.S'" RepleAd DWmtun: 1994

IN e~ercise of the powers conferred by section 4(1 )(a) of the Local

Loans (Registered Stock and Securities) Ordinance. Cap. 161. the

Minister of Finance has declared the Lml,<XXl,<XXl5.5% Registered

Debenture 1994 due for repayment on the 151h June, 1994, to be

convertible into registered stock to be issued under the provisions of the

Ordinance,

The Minister has also authorised in tenns of sect ions 31 (b) and 32

of the same Ordinance that, for the con~ersion of the Lml,<XXl,<XXl

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1994 62 — 62 tal-1994 – Direttiva mill-Ministru tal-Finanzi, għall-Bdil f'Lm1,000,000 5.4% Stock tal-Gvern ta' Malta 1997 minn Lm1,000,000 5.5% Obbligazzjonijiet Reġistrati 1994 (It-Tieni Ħruġ)

issir applikazz;oni sabiex l·iSloc'\: jilpoigl fuq il·lisla uff~ari w

in·nepju 111·Soda la ' Malta ~kond id-dispotizzjonijiel la·1· AII dwa r

il· Sorta 11· Malla me t. dan l-iSloc'\: jilhallas koll u.

J . Is·somma la· Ous I; ghandh a li ntalla r III· iSroc'\: Iku n

Lml ,OOO,OOO.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1994 62 — 62 tal-1994 – Direttiva mill-Ministru tal-Finanzi, għall-Bdil f'Lm1,000,000 5.4% Stock tal-Gvern ta' Malta 1997 minn Lm1,000,000 5.5% Obbligazzjonijiet Reġistrati 1994 (It-Tieni Ħruġ)

Mid-dal a la· bdil. il · bilant la· Lm322 .52S u 89 tenlcimu I;

jinsab fiI -kreJilu IHli·Sinkin, Fwod 5.5% Obbligazzjonijiel Re~lrali ..... iI_ ;""

1994 jiii Irasferil fis-Sinking Fund 5.4% Slock lal·G ve m I.· Mal la _ izzMoo ...

( Bdil) 1997 . I m~had approprjazzjoni ku ll !lenD la· mhu x a nqas minn

LmIO.OOO mid·d hul general! 11 min.al liv lal ·Gve rn la· Malt a .sir bhala

konlrib uujoni ghall-Fo nd la· Ammort ittamc nl sa bin jinfeda l-iSloc'\: .

l·e wwcl ko nlrihuzzjoni ghalld ha ssi r malu l ;'·5I: na 1995.

Malta Government Gazette — Legal Notice 1994 62 — 62 tal-1994 – Direttiva mill-Ministru tal-Finanzi, għall-Bdil f'Lm1,000,000 5.4% Stock tal-Gvern ta' Malta 1997 minn Lm1,000,000 5.5% Obbligazzjonijiet Reġistrati 1994 (It-Tieni Ħruġ)

5% Registered Debenture 1994 a new 5.4% Malta Government

(Conversion) Stock 1997 be created and issued as follows

I . (a) The Stock shall be issued at the pricc of Lmloo per cent

and shall be alloned by application in multiplesofLmloo. Applications

for the allotment of Stock by the present holders of the 5.5% Registered

Debe nlures 1994 shall open al9.oo a.m. OD Wednesday , 1st June, 1994,

and clOSt: at 12.00 noon on Monday , 6th June, 1994.

(b) Any remaining balance of the 5.4% Malta Government

(Conversion) Stock 1997 not taken up by the present holders of the

5.5% Registered Debentures 1994 will be allotted tn the Central Bank

of Malta who is underwriting Ihis issue.

2. An application for the stock to be put on the official list and

Iradingon the Malta Stock E~change will be made in tennsofthe Malta

Stock Exchange Act , when such Stock has been fully subscribed.

J. The sum of money to be raised by the Stock shall be

Lrn 1 ,<XXl,<XXl .

4, On conversion dale. the balance of Lm322,525 and 89cenls

standing 10 the credit of Sinking Fund 5.5% Registered Debenture,

1994 will be transferred to Sinking Fund 5.4% Malta Government

(Conversion) Stock 1997. Thereafter an annual appropriation of not

less then LrnIO,OOO out of the general Te~enue and assets of the

Government of Malla will be made as a contribution to the Sinking

Fund. The first contributinn shall be made during the year 1995.

5. lntcrest sball bepayable in arrur balf-~.rlyoo tbe ISthdayof

June and the !SIb day of December in every ~ar during the cunenq of

the Stoc:lr.. The first payme nt of Lm2.7(); per lml OO stock covering the

period from the 15th day of June , 1994 10 the 14th day of December,

1994, shall be made on the 15th dayof Deumbe r, ]994.

,. The Stock shall be redeemed al par OD 15th J une , 1997.

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Gazzetta tal-Gvern ta' Malta — Avviż Legali 1994 62 — 62 tal-1994 – Direttiva mill-Ministru tal-Finanzi, għall-Bdil f'Lm1,000,000 5.4% Stock tal-Gvern ta' Malta 1997 minn Lm1,000,000 5.5% Obbligazzjonijiet Reġistrati 1994 (It-Tieni Ħruġ)

L-iSlock. ghandujigi mifdi b'pari'i ft-IS la ' Ou nj u, 1997.

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