Hili Ventures Limited has launched a conditional voluntary public offer for all the share capital of Hili Properties p.l.c. Through its bid, Hili Ventures is offering to buy the remainder of the shares currently held by members of the public and listed on the Malta Stock Exchange.
Following the sale of part of the business through an initial public offering in 2021, Hili Ventures currently holds just over 74.83% of the issued share capital of its real estate subsidiary Hili Properties, which owns and manages strategic commercial real estate for lease in several European countries.
Hili Ventures is offering €0.24 per share to all shareholders submitting a completed Acceptance Form by March 25, 2025. The Offer Document, which is available on www.hiliventures.com, sets out the conditions of the offer and further details for interested parties.
With properties in Estonia, Latvia, Lithuania, Malta and Romania, Hili Properties’ portfolio includes business blocks and office space, grocery-anchored shopping centres, healthcare facilities, and property housing McDonald’s restaurants in key commercial districts.
This investment aligns with the group’s broader strategy of consolidating its ownership across its diverse portfolio, strengthening its ability to drive long-term growth and value creation. With full or near-full ownership of its other subsidiaries across food service, hospitality, shipping & logistics, engineering, and technology in 10 countries, Hili Ventures continues to enhance efficiency and streamline its operations. By securing complete control of its real estate subsidiary, Hili Ventures aims to further optimise its asset management strategy and develop its presence in key markets.
The offer will open on February 26, 2025 (at 08.30), and interested shareholders can lodge their applications with an Authorised Intermediary as of that date.
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