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Hili Properties Plc M&A Activity 2025

Feb 18, 2025

2044_rns_2025-02-18_8fd9f22a-a787-4771-b9f2-873b92d9787f.pdf

M&A Activity

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COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by Hili Properties p.l.c. (the "Company") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta), as amended from time to time.

QUOTE

Information to the Market

Earlier today, the Company was notified by one of its shareholders, Hili Ventures Limited (having Maltese Company Registration Number C 57902), of its intention to launch a conditional voluntary public takeover bid for the acquisition of all the issued share capital of the Company, in accordance with Chapter 11 of the Capital Markets Rules.

The Company also announces that it has requested the Malta Financial Services Authority and the Malta Stock Exchange to suspend trading of Company shares in terms of Capital Markets Rules 1.15 and 1.16 with immediate effect.

The Company will keep the market updated with all developments as part of this process, in accordance with the Capital Markets Rules.

UNQUOTE

BY ORDER OF THE BOARD

Adrian Mercieca Company Secretary February 18, 2025