The issue of
€8 million 5% Secured Bonds 2028
ISIN: MT0001901207
Guaranteed by* Luxury Living Technologies Limited a private limited liability company registered in Malta company registration number C 74593
Overview of the Issuer
The Issuer has been set up to act as a financing company and its business is limited to the raising of capital and the lending of such capital to the Guarantor, the collection of interest from the Guarantor and the settlement, in turn, of interest payable on capital raised from third parties. The Issuer does not have any substantial assets. Its role is limited to the financing of the Guarantor’s operations and it is, accordingly, fully dependent on the cash flows of the Guarantor.
The principal objects of the Guarantor relate to providing eco and renewable energy solutions, specialising in installations of photovoltaic units in a variety of domestic, industrial and agricultural locations. The Guarantor’s operations comprise the trading, importing and exporting, installing and maintaining of all kinds of merchandise related to renewable energy, especially water softening and purifying systems, solar panels and solar powered devices and similar related products in domestic, industrial and agricultural locations.
To date the Group has focused on offering retail customers with eco and renewable energy solutions. It is the Group’s intention to strengthen and expand its core business by investing in photovoltaic farms generating less than 1 MW, as well as operate an 80-bed hostel situated in St. Julian’s, by virtue of a Develop and Operate Agreement dated 25 April 2018.
Without prejudice to the risks identified in this Document, as at the time of publication of the Company Admission Document, the Issuer and the Guarantor consider that generally they shall be subject to the normal business risks associated with the business in which the Group companies operate, and, barring unforeseen circumstances, do not anticipate any particular trends, uncertainties, demands, commitments or events outside the ordinary course of business that could be deemed likely to have a material adverse effect on the upcoming prospects of the Luxury Living Group and its business, at least with respect to the current financial year. However, investors are strongly advised to carefully read the risk factors in the Company Admission Document.
The Security Trustee shall hold on trust a pledge over the shares held in the Guarantor, in favour of the Security Trustee as constituted by the Pledge Agreement.in favour of Bondholders. Furthermore, the Guarantor shall grant the Guarantee in favour of the Security Trustee acting in its capacity as trustee for the Bondholders.
Company Admission Documents
Prospective investors are to refer to the guarantee contained in Annex A of this Company Admission Document for a description of the Guarantee. Reference should also be made to the sections entitled “Risk Factors” contained in this Company Admission Document for a discussion of certain risk factors, which should be considered by prospective investors in connection with the Secured Bonds including but not limited to the guarantee provided by Luxury Living Technologies Limited.
Company Announcements
- LLF 72 - Financial Sustainability Forecasts
- LLF 71 - Approval of Financial Statements 2024
- LLT 70 - Notice of Meeting of AGM and approval of Financial Statements
- LLT 69 - Resignation and Appointment of Director
- LLF 68 - Appointment of Non-Executive Director & Audit Committee Member
- LLF 67 - Search for a non-Executive Director
- LLF 66 - Approval of Interim Financial Statements Dec 2023
- LLF 65 Notice of Board of Directors Meeting
- LLF 64 Resignation and Appointment of Compliance Officer
- LLF 63 - Court Case
- LLF 62 - Change in Company Secretary
- LLF 61 - Errata Corrige of LLF 59
- LLF 60 - Financial Sustainability Forecasts
- LLF 57 Financial Statements
- LLF 57 Approval of Financial Statements
- LLF 56 Notice of Meeting to Approve Audited Financial Statements and AGM (C)
- LLF 56 Notice of Meeting to Approve Audited Financial Statements and AGM
- LLF 55 - Interim Financial Results as at 31st December 2022
- LLF 55 - Interim Financial Results Board Meeting 27/02/2023
- LLF 54 - Announcement of Board Meeting
- LLF 52 - Results of the Issuer’s and Guarantor’s Board Meetings and General Meetings inc. link to Guarantor’s Annual Financial Statements
- LLF 53 - Financial Sustainability Forecasts
- Luxury Living Finance plc - FS as at 30th June 2022
- Luxury Living Technologies Ltd - FS as at 30th June 2022
- LLF 50 - Notice of Issuer’s and Guarantor’s Board Meetings and General Meetings
- Approved Interim Financial Statements as at 31st December 2021
- LLF 48 Approval of Interim Financial Statements
- LLF 47 Call for Board Meeting to approve the Company's Interim Financial Statements
- LLF 46 Update on COVID-19 and other matters impacting the Group
- LLF 45 Publication of Financial Information
- LLF 44 Errata corrige Announcement
- LLF 43 Annual General Meeting
- LLT Audited Financial Statements as at 30th June 2021
- LLF Audited Financial Statements as at 30th June 2021
- LLF 42 Board of Directors Meeting
- LLF 41 Board of Directors Meeting
- LLF 40 New Composition of Audit Committee of LLF
- LLF 39 Resignation and Appointment - Company Secretary and Compliance Officer
- Interim Financial Statements for the period ending 31st December 2020
- LLF 38 2021 Company’s Interim Financial Statements for the period ending 31 December 2020
- LLF 37 2021 Notice for Board Meeting to consider and, if appropriate, approve the Company’s Interim Financial Statements for the period ended 31 December 2020
- LLF 36 2020 Financial Sustainability Forecasts
- LLF 35 2020 Material Variance
- Luxury Living Technologies Ltd Approved Audited Accounts June 2020
- LLF 34 2020 Board and AGM held (approval of FS)
- LLF 33 2020 BOD Meeting and AGM (LLT)
- LLF 32 2020 Notice of Board Meeting (Guarantor) - Approval of FS
- LLF 31 2020 Annual General Meeting Held and Appointment of Director
- LLF 30 2020 Date and Agenda for AGM
- Luxury Living Finance plc - Approved Audited Accounts June 2020
- LLF 28 2020 Meeting for Board to Approve FS YE June 2020
- LLF 27 2020 Appointment of Auditor
- LLF 26 2020 Passing of Mr Louis Padovani
- LLF 25 2020 Information to the Market
- LLF 24 2020 Information to the Market - Legislation with Possible Impact on Business
- LLF 23 2020 COVID19 Update
- LLF 22 2020 Information to the Market - COVID19
- LLF 19 2020 - Correction (Re LLF 18)
- LLF 18 2020 - Publication and Dissemination of Financial Sustainability Forecasts
- LLT 21 2020 Half Yearly Report
- LLT 20 2020 Board Meeting to approve Interim Financial Statements
- LLT 17 2019 Approval of FS YE 30.06.2019 (incl. Guarantor)
- LLT 16 2019 Postponement of Board of Directors Meeting and Annual General Meeting
- LLT 15 2019 Board of Directors and AGM - Approval of FS - Issuer and Guarantor
- LLT 14 2019 Financial Sustainability Forecasts
- LLT 13 2019 Financial Sustainability Forecasts
- Annual Report and Financial Statements June 2019 - Luxury Living Technologies Ltd.
- Annual Report and Financial Statements June 2019 - Luxury Living Finance p.l.c.
- LLT 12 2019 - Financial Sustainability Forecasts
- LLT 11 2019 - Damage to PV Equipment
- LLT 10 2019 - Financial Statements YE 31 December 2018
- LLT 09 2019 - Approval of Interim Financial Statements
- LLT 08 2019 - Meeting to approve Interim Financial Statements
- LLT 07 2019 - Resignation and Appointments - CEO, Chairman, Compliance Officer and Company Secretary
- LLT 06 2018 – Pursuant to rule 4.11.13 of the Prospects Rules
- Annual Report and Financial Statements 01-07-17 till 30-06-18
- LLT 05 2018 - Pursuant to rule 4.11.14 of the Prospects Rules
- LLT 04 2018 - Pursuant to rule 4.11.13 of the Prospects Rules
- LLT 03 2018 - Annual Report and Financial Statements 01-03-17 till 30-06-17
- LLT 02 2018 - Annual General Meeting
- LLT 01 2018 - Company's Audited Financial Statements schedule meeting
- Bond Subscription