Record equity share price registered by Malta Airport

April 12, saw Malta International Airport plc register its highest ever share price of €1.939 at the close of trading on the Malta Stock Exchange. The Company referred to this achievement in its Interim Directors’ Statement issued as a Company Announcement on the Malta Stock Exchange. It highlighted the fact that the financial position of the Company in the first quarter of 2013 has remained sound and its performance has been in line with projected results. In the same announcement, the Company also refers to the positive passenger figures registered during the same period, with an increase of 8.6% when compared to the same period in 2012. This increase is equivalent to 47,721 passenger movements. It highlighted the fact that this result was also due to the incentive to refund landing fees to all scheduled airlines from November 2012 to March 2013. Commenting after the closing of the trading on the Malta Stock Exchange, Malta Airport Chairman Michael Hoeferer said that the record share price signifies the trust of investors in the Company’s performance. “There is no doubt that the work carried out by the management and staff in registering various achievements over the last months are a direct contribution to the confidence which shareholders are showing in our Company and in the predictions for its future performance,” he added. Mr Hoeferer concluded that whilst keeping its feet firmly on the ground, the Company is cautiously optimistic in reaching its financial and operational goals in the future.