Report Publication Announcement • Apr 13, 2020
Report Publication Announcement
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The following is a Company Announcement issued by MaltaPost p.l.c. pursuant to the Malta Financial Services Authority Listing Rules.
QUOTE
MaltaPost plc (the Company) informs the market that it is consistently monitoring developments resulting from the impact of the COVID-19 pandemic.
On an on-going basis the Company continues to implement its contingency plans within its overall Risk Assessment policies, together with the recommendations issued by the Government of Malta, the Public Health Authorities, as well as other Regulators.
Whereas to date all the services normally provided by MaltaPost and its national network of offices remain fully functional, however circumstances have called for certain measures to be implemented and some delays and reduction in business are inevitable. The Company relies on foreign postal operators and international flight connections forthe transport of mail, however flight connections to and from Malta are currently limited.
While the full financial impact resulting from the pandemic is difficult to foresee, the Company maintains adequate financial fundamentals, a competent and devoted human resource base, together with the technical wherewithal to enable it meet with confidence the challenges ahead.
The Company will continue to keep the market informed of important developments as they unfold.
UNQUOTE
Graham A. Fairclough Company Secretary
13 April 2020
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