ANCHOVY. Studios PLC announces €1 million bond issue after MSE approval for listing

The Malta Stock Exchange has approved the application for the admission to Prospects of the proposed issue of €1,000,000 ANCHOVY. Studios plc 5.5% unsecured bonds 2027 having a nominal value of €1,000 per bond

22 May 2017, 10:16am
Founders Zak and Benji Borg described ANCHOVY’s achievement of PLC status and successful bond application as 'ground-breaking'
Founders Zak and Benji Borg described ANCHOVY’s achievement of PLC status and successful bond application as 'ground-breaking'
The Malta Stock Exchange has approved the application for the admission to Prospects of the proposed issue of €1,000,000 ANCHOVY. Studios plc 5.5% unsecured bonds 2027 having a nominal value of €1,000 per bond.

The proceeds of the bond are intended to be used to further finance the growth plan the company has embarked on both locally and abroad, as well as the development of diverse tried and tested business streams.

Founders Zak and Benji Borg described ANCHOVY’s achievement of PLC status and successful bond application as “ground-breaking" on a local level, adding that it was "evidence of ANCHOVY’s past success and promising future achievements.”

They thanked you their clients, partners and team members for their support.

Bringing on board senior directors that boast decades of combined industry experience and impeccable entrepreneurial reputations has solidified the long-term vision of the company, ANCHOVY. said in a statement.

Starting from a humble start-up, today the ANCHOVY. digital marketing and data business has grown into a team of 30 people, spread across two offices in Malta and the company’s first international office in Dubai, housed in the prestigious Boulevard Plaza.

Applicants interested in the bond issue are kindly requested to contact Jesmond Mizzi Financial Advisors Ltd. for further information on the application procedure.

Copies of the Prospectus as well as more information about the ANCHOVY. Studios PLC listing and bond issue can be found on www.anchovyinc.com/ir/ 

ANCHOVY said that potential investors should seek financial advice prior to investing and should remember that the value of the bonds increase as well as decrease, and past performance is no guarantee to future performance.