Our capital markets work, which is closely integrated with our work in the banking and finance sector, has been one of the fastest growing areas of practice at Camilleri Preziosi in recent years. We advise on the requirements of companies wishing to make public flotations including on the structures most suitable for the client. We assist in the compilation and drafting of admission documents, , prospectii, offering documents and related agreements in relation to equity issues, company flotations and capital market funding through debt instruments.
We have assisted several companies to obtain a listing on the Malta Stock Exchange (Malta’s only recognised investment exchange) and others in private placements with institutional investors. Our clients include Issuers, selling shareholders, underwriters, guarantors, and financial institutions. Issuers that we have taken to the market range from leading Maltese organisations to emerging companies undertaking their first capital markets financing.
Recent work in this area covers all equity issues in Malta in 2006 and the first two quarters of 2007 and over 50% of the bond issues completed in the same period. These include the share offers by Grand Harbour Marina p.l.c. and Medserv p.l.c., a bonus share offer by International Hotel Investments p.l.c., as well as the bond issues by International Hotel Investments p.l.c, and AX Investments p.l.c in 2006, and the initial public offering of Crimsonwing plc, a bond issue by MIH plc, the share sale of the Government of Malta in Maltapost plc and the subsequent listing of that Company.