MedservRegis Plc

Capital/Financing Update • Dec 12, 2022

COMPANY ANNOUNCEMENT MEDSERVREGIS P.L.C. (THE "COMPANY")

Allocation Policy

Date of Announcement	12 December 2022
Reference	283/2022
Listing Rule	CMR 5.16

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The Company is pleased to announce the basis of acceptance of applications received in respect of the €13,000,000 5% Secured Bonds 2029 (the "Bonds"). In terms of the Prospectus dated 9 November 2022 (the "Prospectus"), the Bonds were available for subscription by holders of the 6% Secured and Guaranteed Notes, (the "Callable Bondholders").

The Company received a total of 1,474 applications (including applications under nominee) for a total value of €14,636,100.

Callable Bondholders were given preference to subscribe for the Bonds by surrendering their respective Callable Bonds, subject to a minimum application of €2,000. Callable Bondholders were also given the opportunity to apply for additional Bonds.

Total Callable Bonds transferred to the Company in exchange for the Bonds amounted to €5,351,800 representing circa 41% of the total Callable Bonds. This amount was allocated in full. Furthermore, the Company allocated in full applications by Callable Bondholders whose holding in the Callable Bonds was less than the minimum subscription of €2,000 and were required to pay the difference between their current holding in the Callable Bond and the minimum application amount of €2,000 in terms of the Bonds to enable them to apply for the Bonds (the "Cash Top-Up").

Out of the total €13,000,000 Bonds available for allocation and following allocation of Callable Bonds and Cash Top-Ups as set out above, a total of €6,499,700 in Bonds were left available for allocation. This amount was allocated to Callable Bondholders who have applied for additional Bonds not being Cash Top-Ups. Such additional amounts were allocated the first €10,000 in full and 19.499% on the remaining amount where applicable rounded to the nearest €100.

The Company expects the issue date of the Bonds to be on the 22 December 2022, which will also trigger the commencement of interest thereon.

In accordance with the Prospectus, refunds of unallocated monies will be made by latest 20 December 2022. The Bonds are expected to be admitted to listing on the Official List of the Malta Stock Exchange on 22 December 2022 and trading is expected to commence on 23 December 2022.

The Board of Directors of the Company would like to thank the Callable Bondholders, the Sponsor, Manager & Registrar and Authorised Financial Intermediaries for the support shown in this Bond Issue.

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Laragh Cassar Company Secretary