Tumas Investments plc announced that it’s Issue for €20 million Bonds closed immediately after opening due to heavy over-subscription. The Company therefore exercised its over-allotment option of an additional €5 million, bringing the total bond issue to €25 million.

Tumas Group Chairman, Mr. George Fenech, expressed satisfaction saying that this reflected the strong confidence that the Maltese investing public has once again shown in the Tumas Group. This Bond Issue by Tumas Investments matures between 2017 and 2020 and carries a coupon of 6.2% per annum.

The basis of allotment of the bonds will be announced by not later than Monday 5th July 2010.

In a statement issued by the Board of Directors of Tumas Investments p.l.c. the Board thanked investors for their support and for the support of the financial intermediaries and the Tumas team who worked on the bond and the issuer’s advisors.

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