Fungibility Issue (ln_2005_65) | MT

Malta Government Gazette — Legal Notice 2005 65 — Fungibility Issue

Preamble — Fungibility Issue Open official source

L.N. 65 of 2005

BUDGET MEASURES IMPLEMENTATION ACT, 2005

(ACT NO. II OF 2005)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Prime Minister and Minister of Finance for the

Issue of Lm 20,000,000 5.7 % Malta Government Stock 2012

(Third Issue)

Fungibility Issue

IN exercise of the powers conferred by the Budget Measures

Implementation Act, 2005 and by article 4(1)(a) of the Local Loans

(Registered Stock and Securities) Ordinance, the Prime Minister and

Minister of Finance has authorised that the sum of Lm 20,000,000

Gazzetta tal-Gvern ta' Malta — Avviż Legali 2005 65 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161)

Reg. 2 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161) Open official source

Kull persuna u, jew enti jistg[u japplikaw g[al dan l-iStock. Policy dwar l-

allokazzjoni ta’

It-tqassim ta’ l-iStock isir skond kif spjegat fil-prospett.

Stock.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 2005 65 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161)

Reg. 3 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161) Open official source

(a) Skond id-disposizzjonijiet ta’ l-Att dwar is-Swieq Negozju fil-Bor]a

Finanzjarji, Kap. 345, meta dan l-iStock ji;i allokat, g[andha ssir ta’ Malta.

applikazzjoni sabiex l-iStock jitqieg[ed fuq il-lista uffiçjali u sabiex

ikun negozjat fil-Bor]a ta’ Malta.

(b) Fit-30 ta’ Settembru, 2005, wara l-pagament ta’ l-ewwel

img[ax, dan l-iStock ji;i integrat ma’ l-iStock e]istenti 5.7% Stock tal-

Gvern ta’ Malta 2012 (III) u wara dawn i]-]ew; Stocks jitqiesu b[ala

Stock wie[ed.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 2005 65 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161)

Reg. 4 — ATT TA’ L- 2005 LI JIMPLIMENTA MI}URI TA’ L-ESTIMI (ATT NRU.II TA’ L- 2005) ORDINANZA DWAR SELF LOKALI (STOCK U TITOLI RE:ISTRATI) (KAP. 161) Open official source

Is-somma ta’ flus li g[andha tin;abar bl-iStock hi ta’ Somma ta’ flus li

g[andha tin;abar.

Lm20,000,000.

Malta Government Gazette — Legal Notice 2005 65 — Fungibility Issue

Reg. 5 — Fungibility Issue Open official source

7% Malta Government Stock be issued as follows> -

1. This Stock shall be issued as set out in the prospectus.

2. All persons and, or entities are eligible to apply for this Stock.

Allotment will be applied as set out in the prospectus.

3. (a) In terms of the Financial Markets Act, Cap. 345, when

the Stock has been allotted, an application shall be made for the Stock to

be placed on the official list and for trading on the Malta Stock Exchange.

(b) On the 30 th September, 2005, after the payment of the

first dividend, this stock will be integrated with the existing issue 5.7%

Malta Government Stock 2012 (III) and shall thereafter both be deemed

to be one Stock.

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

Lm 20,000,000.

5. Interest at the rate of Lm 2.85,0 for every Lm100 Stock will

be payable half-yearly in arrear on the 30 th day of March and on the

30 th day of September in every year for the duration of the Stock. The

first pro-rata payment covering the period from the 23rd day of March,

2005 to the 30 th day of September, 2005 shall be made on the 30 th day

of September, 2005.

Malta Government Gazette — Legal Notice 2005 65 — Fungibility Issue

Reg. 6 Redemption of Stock. — Fungibility Issue Open official source

The Stock shall be redeemed at par on the 30 th September, 2012.

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press

Fungibility Issue

Table of Provisions (6)

Statutory Text (6 Articles)

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