MT
DIRECTIVE BY THE PRIME MINISTER AND MINISTER OF FINANCE FOR THE ISSUE OF €46,587,467.97 5.7% MALTA GOVERNMENT
Statutory Text (5 Articles)
ISSUE OF €46,587,467.97 5.7%
MALTA GOVERNMENT STOCK 2012 (THIRD ISSUE)
SUBSIDIARY LEGISLATION 161.107
DIRECTIVE BY THE PRIME MINISTER AND
MINISTER OF FINANCE FOR THE ISSUE OF
€46,587,467.97 5.7% MALTA GOVERNMENT
STOCK 2012 (THIRD ISSUE) *
11th March, 2005
LEGAL NOTICE 65 of 2005, as amended by Legal Notice 427 of 2007.
The title of this Directive is Directive by the Prime
Minister and Minister of Finance for the Issue of €46,587,467.97
7% Malta Government Stock 2012 (Third Issue) Fungibility
Issue.
2. This Stock shall be issued as set out in the prospectus.
3. All persons and, or entities are eligible to apply for this
Stock. Allotment will be applied as set out in the prospectus.
4. (a) In terms of the Financial Markets Act, 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 30th 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.
5. The sum of money to be raised by the Stock shall be
€46,587,467.97.
Interest at the rate of €2.85,0 for every €100 Stock will be
payable half-yearly in arrear on the 30th day of March and on the
30th 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 30th day of September, 2005 shall be made on
the 30th day of September, 2005.
The Stock shall be redeemed at par on the 30th September,
2012. *
This Directive has been revoked by Act XLV of 2016, but it is still partially
applicable since the six-year period prescribed by law to claim funds referring to
stocks that have already matured, has not yet expired.