Computime Holdings Plc - Share Offer
Issuer Profile
Computime Holdings Plc (“the Company” or “Computime”) is a leading Maltese provider of business-to-business ICT solutions, specialising in systems integration, business software and fintech services, with a track record of over 40 years. The company offers comprehensive solutions tailored to diverse business needs, including ICT infrastructure, enterprise software and regulatory compliance technology.
With a strong focus on developing proprietary technology and delivering custom solutions, Computime leverages its expertise to support clients across various industries. The Company is particularly active in fast-growing areas such as the Regtech and Compliance tech sectors. Computime’s efforts are focused on enhancing its recurring revenue generation model, driven primarily by subscription-based arrangements. Furthermore, the Company is expected to continue growing its activities in overseas markets.
The Share Offer
The Company has obtained approval for the admissibility to listing of its equity share capital via an offer for sale (“the Share Offer”) by its existing shareholders. The Share Offer consists of an amount of up to 22,987,600 ordinary shares of a nominal value of €0.10 at a price of €0.45 per share. As of the prospectus date, the selling shareholders collectively hold 97% of the company’s issued share capital and will be offering up to 37% of the entire issued share capital of the Company. If the Share Offer is fully subscribed, the selling shareholders’ total holding will decrease from 97% to 60%. All proceeds from the sale will go directly to the selling shareholders without new capital being raised. For further information, a link to the prospectus may be found below : -
Application Process
Should you be interested in participating in the share offer, kindly contact one of our client managers as per the contact details below. The offer period commences on the 4th of November 2024 and closes on the 29th of November 2024, however, Computime Holdings Plc reserves the right to close the offer period before the 29th of November.
Disclaimer
Curmi & Partners Ltd is acting as an Authorised Financial Intermediary for this bond. This communication should not be considered as investment advice or recommendation with respect to these financial instruments and the information provided herein is for informational purposes only. No tax, legal or any other ancillary regulatory advice is provided in this advertisement. The information contained in this advertisement is based on public information and reflects the Offering Documentation of the financial instruments, with the information being accurately reproduced and no facts have been omitted which would render the reproduced information inaccurate or misleading. However, Curmi & Partners Ltd has not independently verified the information it has obtained from sources that it believes to be reliable. Investors are urged to read the Offering Documentation when considering whether to invest in this financial instrument. The value of investments can fall as well as rise and past performance is no indication of future performance. Curmi & Partners Ltd is acting on a non-independent basis and may receive inducements from the Issuer of the securities. This advertisement was approved for issue by Curmi & Partners Ltd, which is licensed to conduct investment services business under the Investments Services Act (Cap 370 of the Laws of Malta) by the MFSA and is also a Member of the Malta Stock Exchange. Curmi & Partners Ltd’s registered address is at Finance House, Princess Elizabeth Street, Ta’ Xbiex, XBX 1102.