The following is a company announcement issued by AST Group P.L.C. (the “Company”) bearing company registration number C 66811, in terms of the rules of Prospects, a market regulated as a multi-lateral trading facility and operated by the Malta Stock Exchange (“Prospects”).
In view of the currently evolving Covid-19 pandemic on an international level, the Company wishes to notify its bondholders and stakeholders generally at the moment the Company does not identify any material difficulties in its business, nonetheless, given the spread of the aforementioned pandemic, the range of potential outcomes for the global economy are difficult to predict at this point in time.
The Company and its management are monitoring the COVID-19 outbreak developments closely and are following guidance and instructions issued by the World Health Organization and is striving and shall continue to strive to abide by the requirements and regulations as issued by respective local governments.
The Company further wishes to confirm that it has been implementing contingency plans to mitigate any potential adverse impact on the Company and its group and for both its employees and operations.
Dr Katia Cachia
24th March 2020