Bond Offer Period Closure due to Over-subscription

Please view our Company Announcment for more information.

€14,000,000 5% Unsecured Subordinated Bonds 2027-2032

Izola Bank p.l.c. (the “Bank”) is offering to the public up to €14,000,000 Unsecured Subordinated Bonds due 2027-2032 at the rate of 5% per annum having a nominal value of €100 per Bond, at par. Application has been made for the Bonds to be listed on the Official List of the Malta Stock Exchange.

The subscription period for holders of the 4.5% Izola Bank p.l.c. Unsecured Bonds 2025 (ISIN MT0000531211) as at 15 July 2022 and the general public (through an Intermediaries' Offer), is between 1 August 2022 and 7 September 2022, but may close earlier if fully subscribed.

Applications for the Bonds may be made for a minimum of €10,000 and in multiples of €100 thereafter.

More Information

• View the Summary Note

• View the Securities Note

• View the Registration Document

• View our Investor Presentation

SPONSORS

• MZ Investment Services Ltd

• Rizzo, Farrugia & Co (Stockbrokers) Ltd

LEGAL COUNSEL

• Camilleri Preziosi

AUTHORISED INTERMEDIARIES

A hard copy of the prospectus can be collected from any of the Authorised Financial Intermediaries listed in below.

Issued by Izola Bank p.l.c. (C 16343) (the “Bank”) with its registered address at 53-58 East Street, Valletta, which is licensed to carry out the business of banking in terms of the Banking Act, Cap 371. The approval of the Prospectus by the MFSA should not be understood as an endorsement of the Bonds offered and admitted to trading on the Official List of the MSE.

Prospective Investors wishing to acquire Bonds of the Bank should read the Prospectus before making any investment decision, to fully understand the potential risks and rewards associated with investing in the Bonds. Investors purchasing the Bonds are advised that the Bonds are not simple and may be difficult to understand. The Bonds constitute subordinated and unsecured obligations of the Bank and are classified as complex financial instruments. The Bank is subject to the Bank Recovery and Resolution Directive (BRRD) as transposed in local laws and therefore, Prospective Investors should consider the risk that, in the event that the Bank becomes subject to resolution, the Bonds including any accrued interest, may be written down or converted into equity, and a broad range of other resolution actions may be taken by the Resolution Committee in respect of the Bank. Therefore, investors may lose part or all their investment. The value of the investment can down as well as up and past performance is not necessarily indicative of future performance. An investment in the Bonds of the Bank may not be suitable for all Investors and Prospective Investors are to consult their Financial Advisor so as to ensure the suitability of investing in the Bonds. Prospective Investors are only able to acquire the Bonds provided that the Investment in the Bonds is deemed to be suitable.

This advertisement has been approved by M.Z. Investment Services Limited (C23936) of 61, M.Z. House, St. Rita Street, Rabat Malta RBT 1523 and Rizzo, Farrugia & Co. (Stockbrokers) Ltd (C 13102) of Airways House, Fourth Floor, High Street, Sliema SLM 1551) (the “Co-Sponsors”) on behalf of the Bank. The Co-Sponsors are licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 370.

Izola Bank p.l.c., 53/58 East Street, Valletta. VLT1251 - Malta. T +356 27922040

ISIN MT0000531211