FES Company Announcement April 2021
FES Company Announcement 12 April 2021
The following is a company announcement issued by FES Finance p.l.c. (“FES” or the “Company”) pursuant to Rule 4.11.13 of the Prospects Rules.
The Board of Directors of the Company, on the 12th of April 2021, considered and approved the Company’s audited consolidated financial statements for the financial year ended 31 December 2020. The said financial statements are attached with this company announcement and available for viewing on the Company’s website through the following link: https://fes.com.mt/
FES Company Announcement March 2021
Company Announcement 31 March 2021
The following is a company announcement issued by FES Finance p.1.c. (“FES” or the “Company”) pursuant to Rule 4.11.13 of the Prospects Rules.
The Board of Directors of the Company is scheduled to meet on Ifonday 12 April 2021 to consider and, if
appropriate approve the Company’s .-udited Financial Statements for the financial year ended 31 December 2020.
FES Company Announcement February 2021
FES Company Announcement 12 February 2021
The following is a company announcement issued by FES Finance p.1.c. (“FES” or the “Company”) pursuant to Rule 4.11.13 of the Prospects Rules.
Update to Company Announcement FES25
Reference is made to announcements FES25 issued by FES Finance p.l.c. on the 8 January 2021 (the “Origi11al Announcement”) whereby the Company announced that, by virtue of an agreement dated 29 December 2020, FES Projects Limited, a limited liability company registered under the laws of Malta with company registration number C83872, having its registered office at 19-25, Conservatory Street, Floriana, Malta (“FES Projects”), the parent company of FES and Guarantor for the purposes of the Secured Bond issued by FES on Prospects MTF, entered into agreement to extend the promise of sale agreement with GOLCO Limited, a limited liability company registered under the laws of Malta with company registration number C8770, having its registered office situated at “Standard Buildings” C. De Brockdorf Street, Msida, Malta (“the Vendor”). The parties had entered into an agreement to extend the promise of sale agreement to 31 January 2021, whereby a further deposit of €20,000 was paid.
This promise of sale could be extended up to 31 December 2022 if FES Projects Ltd paid the Vendors a further deposit on account of €560,000 by 31 January 2021. The Company hereby announces that the said promise of sale agreement was extended to 15 February 2021. Furthermore, on 9 February 2021, the deposit on account of €560,000 was paid by FES Projects to GOLCO Limited, automatically extending the promise of sale agreement to 31 December 2022.
FES Company Announcement January 2020
FES Company Announcement
The following is a company announcement issued by FES Finance p.1.c. (“FES” or the “Company”) pursuant to Rule 4.11.13 of the Prospects Rules.
Update to Company Announcement FESOS and FES 15
Reference is made to announcement FES05 issued by FES Finance p.l.c. on the 15 October 2019 (the “Original Announcement”) whereby the Company announced that, by virtue of an agreement dated 30 September 2019, FES Projects Limited, a limited liability company registered under the laws of Malta with company registration number C83872, having its registered office at 19-25, Conservatory Street, Floriana, Malta (“FES Projects”), the parent company of FES and Guarantor for the purposes of the Secured Bond issued by FES on Prospects MTF, entered into a promise of sale agreement with GOLCO Limited, a limited liability company registered under the laws of Malta with company registration number C8770, having its registered office situated at “Standard Buildings” C. De Brockdorf Street, Msida, Malta (“the Vendor”). By virtue of the said promise of sale, the Vendor promised and bound itself to sell and transfer to FES Projects the house tale quale with the external official number ten (10) named “ANTVIRG” in Ponsomby Street, Gzira, including the back garden, subsoil and overlying airspace (the “Property”). As stated in the Original Agreement, the promise of sale agreement was valid and effective up to 30 June 2020.
On the 28 March 2020 the Company announced that the Vendors and FES Projects Ltd have entered into an agreement to extend the promise of sale agreement to 31 December 2020.
The Company hereby announces that the Vendors and FES Projects Ltd have entered into a new agreement on 29 December 2020 to extend the promise of sale agreement to 31 January 2021, whereby a further deposit of €20,000 was paid. This promise of sale can be extended up to 31 December 2022 if FES Projects Ltd pay the Vendors a further deposit on account of €560,000 by 31 January 2021
FES Financial Statements FES PROJECTS Annual Report 2020
FES Projects – Company Announcement –
FES PROJECTS Annual Report (December 31 2021)
FES 2020 Achievements
FES was successfully awarded a number of contracts for finishing works in 2020 for MALITA Investments. These include finishing works in Kirkcop, Attard, Siggiewi, Zurrieq and Cospicua, with further awards for Mechanical and Engineering (M&E) for a boutique hotel. Well done FES Team!
FES 2020 Achievements Round Up
FES was successfully awarded with a number of contracts for finishing works in 2020. These include finishing works for MALITA Investments in Kirkcop, Attard, Siggiewi, Zurrieq and Cospicua, with further awards for Mechanical and Engineering (M&E) for a boutique hotel. Well done FES Team!
Company Announcement November 2020
FES Company Announcement November 2020
The following is a company announcement issued by FES Finance p.l.c. (“FES” or the “Company”) pursuant to Rule 4.11.13 of the Prospects MTF Rules.
Reference is made to the Escrow Agency arrangement referred to in the Company Admission Document issued by the Company on 6 March 2019. The Company hereby announces that following the resignation of Financial Planning Services Limited from the position of Escrow Agent, Manduca Randon & Co Ltd, a company registered under the laws of Malta, having its registered office situated at Level 1, Britannia House, 9, Old Bakery Street, Valletta VLT450, Malta, and bearing company registration number C 18264 shall be appointed in their stead. Manduca Randon & Co Ltd also act as Security Trustee in connection with the €5 million 5% Secured Bonds 2029 issued by the Company, as further explained in the said Company Admission Document.
FES successfully awarded contract in Attard
We are proud to announce that FES has been successfully awarded the MALITA Investments tender for finishing works of eight apartments and three car spaces at Triq L-Ghenba, Attard, Malta (Contract reference MAL/ATD-F/002). Well done FES team!