About Us

AX Investments Plc

 

The Company was set up in 2001 with the intention of acting as the finance and investment arm of the AX Group. The first such transaction undertaken by the Company was the issue of a bond required for the development of one of the Group’s projects, the Verdala Mansions in Rabat, Malta.

That bond was issued in 2001 for an amount of € 5.3 million with an original maturity of five years from the date of issue. The said bond proceeds were utilised for the development of the Verdala Mansions and was redeemed in two tranches to the bondholders with the final redemption being made in April 2005, one year before the final maturity.

In 2014 the company issued a 6% Bond redeemable in 2024 for € 40 million. The investment went towards building the first retirement village on the island – Hilltop Gardens

Company History

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The Series 1 Bond

Was redeemed in December 2014.
December 2014
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The Company issued the 6% Bond redeemable in 2024 for € 40 million.

The Company is wholly owned by AX Holdings Ltd and has an authorised and issued share capital of € 2,795,247.60 (1,200,000 Ordinary shares of €2.329373).
March 2014
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The Series II Bond

Was redeemed in December 2013.
December 2013
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The Company issued two new bonds:

1: The Series I Bond For € 11.65 million 6.7% 2014-2016 2: The Series II Bond For € 2.33 million 4% 2013 which was available to existent shareholders of Suncrest Hotels p.l.c.
December 2006
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The 2001 Bond Issue

The said bond proceeds of which were utilised for the development of the Verdala Mansions, was redeemed in two tranches to the bondholders with the final redemption being made in April 2005, one year before the final maturity.
December 2013
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The First Bond Issue

For the amount of € 5.3 million with an original maturity of five years from the date of issue.
2001