Malita Investments p l c : Recent Allegations

The following is a Company Announcement issued by Malita Investments p.l.c. (the "Company") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority.

The Company notes the recent news articles published in local newspapers concerning the decision handed down earlier today by Magistrate Frendo Dimech, acting as Revising Officer. The decision pertains to the alteration of identity card addresses for several voters allocated housing units in a Siggiewi property owned and managed by the Company.

The reports suggest that a witness testified before the Revising Officer, alleging that the Company's CEO, Jennifer Falzon, instructed officials at Identita' Agency to facilitate changes to identity card addresses or was otherwise involved in assisting with these changes.

The Company and its CEO unequivocally deny any allegations of wrongdoing. They assert that neither the Company nor its CEO has been involved in the process of changing identity card addresses. No instructions were ever given to Identita' Agency officials on behalf of the Company. The only meetings organized by the Company were with prospective tenants entitled to housing units, specifically for the purpose of handing over the premises and completing the necessary forms for changes in water and electricity services.

The Company takes these allegations very seriously and will be referring the matter to the Commissioner of Police, requesting an immediate investigation.

By order of the Board

Donald Vella

Company Secretary

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Malita Investments plc published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 18:21:06 UTC.