Grand Harbour Marina Plc

Regulatory Filings • Jun 18, 2020

COMPANY ANNOUNCEMENT

GRAND HARBOUR MARINA P.L.C. (THE "COMPANY")

Postponement of publication of Financial Analysis Summary 2020

Date of Announcement	18 June 2020
Reference	171/2020
Listing Rule	5.16

This is a company announcement being made by the Company in compliance with Chapter 5 of the Listing Rules:

QUOTE

Having considered: (i) the circular issued by the Malta Financial Services Authority on the 20 March 2020 entitled 'Timing of regulatory reporting due to the outbreak of COVID-19' (the "Circular"); and (ii) the recent announcement by the Government of Malta that travel restrictions to and from Malta are to be partially eased from the 1 July 2020, and completely lifted from the 15 July 2020, the Board of Directors of the Company hereby announces that it has notified the Malta Financial Services Authority of the Company's intention to avail itself of the two-month extension granted, in terms of the Circular, for the publication of its forthcoming Financial Analysis Summary update.

The Company and its Sponsors - Rizzo, Farrugia & Co. (Stockbrokers) Ltd. - expect to be in a position to publish the Company's 2020 Financial Analysis Summary by not later than the 27 August 2020. The Company believes that the two month extension for the publication of the Financial Analysis Summary will enable it to obtain a greater degree of visibility as to likely market conditions as travel restrictions are lifted, thus allowing for a better updating of financial forecasts for financial year ending 31 December 2020.

The board of directors and senior management will continue to closely monitor developments in connection with the repercussions of the pandemic, and its impact on the Company's operations and financial resources, and will keep the market informed of material developments, as appropriate.

UNQUOTE

Signed:

________________________

Louis de Gabriele Company Secretary