Sunday 21 April 2024

DIZZ Group celebrates first day of trading at the Malta Stock Exchange

The DIZZ Group is pleased to announce that the Euro 7,500,000 Unsecured Bonds maturing in 2028 with an annual 5.35% coupon guaranteed by D Shopping Malls Limited and issued in terms of a Company Admission Document has been fully subscribed. To celebrate this success the company’s Board of Directors were present for the opening bell ringing which signals the start of the trading session. This took place on Wednesday 14 November at the Malta Stock Exchange.

This is yet another milestone for the DIZZ Group, operators of leading fashion franchises Terranova, Liu Jo, Calliope, Brooks Brothers, Golden Point, MAX&Co., PINKO, Paul & Shark, Guess, Trussardi, Harmont & Blaine, Elisabetta Franchi, Michael Kors amongst others. The Group also operates the Caffe Pascucci franchise in Malta.

The DIZZ Group was founded by entrepreneur Diane Izzo in the year 2000 and currently employs over 250 full-time staff. Speaking at the official bell-ringing event, the company’s CEO Diane Izzo described the event as a further major achievement for the company. She expressed great satisfaction as this was further confirmation of the confidence the financial market and investors have in the Group’s present and future operations. “This is clearly the result of a number of achievements made throughout the past year,” said Ms Izzo.

“We have invested heavily in providing a satisfying and enjoyable shopping experience to our clients, thanks to our perfectly trained staff. Our brands have proven to be rewarding investments and we are committed to seeking further opportunities to ensure we remain market leaders in our sector” said Ms Izzo.

The DIZZ Group, equally owned by Diane Izzo and her husband Karl, is one of Malta’s most successful business operators. The growth experienced over the past three years is testimony to the fulfillment of the plans outlined by the company a few years back. The company will continue investing in present operations whilst further diversifying in accordance with the business strategy adopted.