Tigne Mall Plc

Major Shareholding Notification • Oct 3, 2018

Ref: TML 63/2018

COMPANY ANNOUNCEMENT

THE POINT THE CENTRE OF SHOPPING TIGNE MALL PLC

The following is a Company Announcement issued by Tigné Mall plc (the "Company") pursuant to the Listing Rules issued by the Listing Authority.

Quote

The Company refers to the shareholding of 14.65% held by HSBC Life Assurance (Malta) Limited in the Company, which is equal to 8,260,000 voting rights in the issued share capital of the Company.

The Company has been notified by HSBC UK Holdings Limited (a company registered in the UK) that, as a result of a transaction within the HSBC Group on the 1 October 2018, HSBC UK Holdings Ltd holds an indirect holding of 70.0295% in HSBC Life Assurance (Malta) Limited. In view of the said transaction, HSBC UK Holdings Limited indirectly holds a 10.259% interest in the Company.

The said transaction triggered the notification required by Listing Rule 5.176 (attached to this Company Announcement).

Unquote

Roderick Zammit Pace Company Secretary

3 October 2018

Date:22 October 2015 ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached":

Tigne Mall p.l.c. with registered address at The Point Shopping Mall, Management Suite, Tigne Point, Sliema, TP01, Malta.

LEI: 213800X8ISMGKCWU8848

1. Reason for the notification (please tick the appropriate box or boxes):

[x] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify) =:

1. Details of person subject to the notification obligation :

Name: HSBC UK Holdings Limited City and country of registered office (if applicable): London, England

1. Full name of shareholder(s) (if different from 3.):

Same as in 3.

5. Date on which the threshold was crossed or reached":

1 October 2018

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights attached to shares (total of 7.A)	% of voting rights through financial in- struments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of issuer®
Resulting situation on the date on which threshold was crossed or reached	10.259%	N/A	10.259%	56.400.000
Position of previous notification (if appli- cable)	N/A	N/A	N/A

7. Notified details of the resulting situation on the date on which the threshold was crossed or reached™:

A: Voting rights attached to shares

Class/type of shares ISIN code (if possi- ble)	Number of voting rights'*		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)	Direct (Art 9 of Directive 2004/109/EC)	Indirect (Art 10 of Directive 2004/109/EC)
Ordinary Shares	N/A	5,786,076	N/A	10.259%
ISIN Code: MT0000740101
SUBTOTAL A	5,786,076		10.259%

Type of financial instrument	Expiration dater	Exercise/ Conversion Perioda	Number of voting rights that may be acquired if the instrument is exer- cised/ converted.	% of voting rights
N/A
		SUBTOTAL B.1

Type of financial instrument	Expiration date	Exercise/ Conversion Period *i	Physical or cash settlement"	Number of voting rights	% of voting rights
N/A
			SUBTOTAL B.2

1. Information in relation to the person subject to the notification (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.4"

[X ] Eull chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity **:

Name™	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial in- struments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
HSBC Holdings plc	10.259%		10.259%
HSBC UK Holdings Limited	10.259%		10.259%
HSBC Bank plc	10.259%		10.259%
Midcorp Limited	10.259%		10.259%
Griffin International Limited	9.927%		9.927%
HSBC Europe B.V.	10.259%		10.259%
HSBC Bank Malta p.l.c.	10.259%		10.259%
HSBC Life Assurance (Malta) Limited	14.65%		14.65%

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

N/A

10. Additional information™:

On 1 October 2018, HSBC Holdings plc and HSBC Group Nominees UK Limited transferred the entire issued share capital in HSBC Bank plc to HSBC UK Holdings Limited. The latter entity thus became the sole shareholder and holds 100% of the voting power in HSBC Bank pic. As a result of this transfer, HSBC UK Holdings Limited holds an indirect shareholding of 70.0295% in HSBC Bank Malta p.l.c and an indirect shareholding of 10.259% in Tigne Mall p.l.c.

Done at London on OI OCTORER 2018

Name: Richard Hennity Director For and on behalf of HSBC UK Holdings Limited. Annex: Notification of major holdings (only to be filed with competent authority and not with the relevant issuer)

A: Identity of the person subject to the notification obligation

Full name (including legal form for legal entities) HSBC UK Holdings Limited, incorporated in England and Wales with limited liability

Contact address (registered office for legal entities) 8 Canada Square, London, E14 5HQ

E-Mail stevejwotton@hsbc.com

Phone number / Fax number +44 20 7991 2376

Other useful information (at least a contact person for legal persons) Mr Steve Wotton - Contact details are as set out above

B: Identity of the notifier, if applicable

Full name SAME AS ABOVE IN ANNEX A Contact address SAME AS ABOVE IN ANNEX A

E-Mail SAME AS ABOVE IN ANNEX A

Phone number / Fax number SAME AS ABOVE IN ANNEX A

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information:

Notes

Please note that national forms may due to specific national legislation (Article 3(1a) of Directive 2004/109/EC) as for instance the applicable thresholds or information regarding capital holdings.

if Full name of the legal entity and further specification of the issuer or underlying issuer, provided it is reliable and accurate (e.g. address, LEI, domestic number identity).

ii Other reason for the notification could be voluntary notifications, changes of attribution of the holding (e.g. expiring of financial instruments) or acting in concert.

™ This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or exercising voling rights in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC; or (c) the holder of financial instruments referred to in Article 13(1) of Directive 2004/109/EC.

As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total positions of the parties, entering of acting in concert by a single party) the standard form does not provide for a specific method how to notify cases of acting in concert.

In relation to the transactions referred to in points (b) to (h) of Article 10 of Directive 2004/109/EC, the following list is provided as indication of the persons who should be mentioned:

• in the circumstances foreseen in letter (b) of Article 10 of that Directive, the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporanly for consideration the voting rights;

• in the circumstances foreseen in letter (c) of Article 10 of that Directive, the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;

• in the circumstances foreseen in letter (d) of Article 10 of that Directive, the natural person or legal entity who has a life interest in shares if that person or entitled to exercise the voting rights attached to the shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;

• in the circumstances foreseen in letter (e) of Article 10 of that Directive, the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Article 9, under letters (a) to (d) of Article 10 of that Directive or under a combination of any of those situations, the controlled underfaking;

• in the circumstances foreseen in letter (f) of Article 10 of that Directive, the deposit taker of the can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

• in the circumstances foreseen in letter (g) of Article 10 of that Directive, the natural person or legal entity that controls the voting rights;

• in the circumstances foreseen in letter (h) of Article 10 of that Directive, the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).

V Applicable in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC. This should be the full name of the shareholder who is the counterpary to the natural person or legal entity referred to in Article 10 of that Directive unless the percentage of voting rights held by the shareholder is lower than the lowest notifiable threshold for the disclosure of voting rights holdings in accordance with national practices (e.g. identification of funds managed by management companies).

" The date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place or the other reason triggered the notification. For passive crossings, the date when the corporate event took effect.

in The total number of voling rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.

in If the holding has fallen below the lowest applicable threshold in accordance with national law, please note that it might not be necessary in accordance with national law to disclose the extent of the holding, only that the new holding is below that threshold.

in In case of combined holdings of shares with voting rights attached "direct holding rights "indirect holding", please split the voting rights number and percentage into the direct columns - if there is no combined holdings, please leave the relevant box blank.

* Date of maturity/expiration of the financial instrument i.e. the date when right to acquire shares ends.

* If the financial instrument has such a period - please specify this period - for example once every 3 months starting from [date].

41 In case of cash settled instruments the number and percentages of voting rights is to be presented on a delfaadjusted basis (Article 13(1a) of Directive 2004/109/EC).

** If the person subject to the notification obligation is either control another undertaking then the second option applies.

** The full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity has to be presented also in the cases, in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification as only thus the markets get always the group holdings. In case of multiple chains through which the voting and/or financial instruments are effectively held the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, E, F etc.).

** The names of controlled undertakings through which the voting rights and/or financial instruments are effectively held have to be presented irrespectively whether the controlled undertakings cross or reach the lowest applicable threshold themselves.

** Example: Correction of a previous notification.