MedservRegis plc: Updated Financial Analysis Summary


COMPANY ANNOUNCEMENT

MEDSERVREGIS PLC

(THE “COMPANY”)

Financial Analysis Summary Update

announcement date

November 11, 2022

Reference

278/2022

Registration rule

LR 5.16

Quotation

The Company announces that it has updated the summary of financial analysis to take into account revised forecasts for the year ending December 31, 2022 and projections for the year ending December 31, 2023.

Said update of the summary of the financial analysis is available for consultation at the registered office of the Company and on the website of the Company: www.medservregis.com

end of quote

Laragh Cassar

Company Secretary

Appendix 2 – Summary of financial analysis

Board of directors

MedservRegis plc.

Malta Freeport,

Port of Marsaxlokk,

Birzebbugia, BBG3011

Malta

November 9, 2022

Dear sirs,

MedservRegis PLvs -FinanceI To analyses Summarythere (the “FAS”)

In accordance with your instructions and in accordance with the requirements of the MFSA registration policies, we have compiled the FAS presented on the following pages and which is sent to you with this letter.

The purpose of the FAS is to summarize key financial data belonging to MedservRegis plc (the “Itransmitter“) in connection with the €13 million 5.0% 2029 Covered Bonds issued by the Company in 2022.

The data in this FAS comes from various sources or is based on our own calculations as follows:

  1. Historical financial data for the three years ended 31 December 2019 to 2021 extracted from the audited statutory financial statements of the Issuer for the three years in question;
  2. The forecast data for the financial year ended December 31, 2022 and the projections for the financial year ended December 31, 2023 are taken from the financial information provided by the Issuer’s management;
  3. Our commentary on the results of the Issuer and on its financial situation is based on the explanations provided by the Issuer in the audited financial statements and assisted by the management of the Issuer;
  4. The ratios cited in the FAS have been calculated by us by applying the definitions set out under each ratio; and
  5. Relevant financial data concerning other issuers the bond issues of the same maturity analyzed in part D of this report were taken from public sources such as the websites of the companies concerned or the financial statements filed with the Commercial Register.

The FAS is intended to assist existing and potential investors by summarizing the most important financial data of the Issuer. The FAS does not contain all data relevant to potential investors and is intended to supplement and not replace financial and/or investment advice. The FAS does not constitute an endorsement by our company of any listed bonds which the issuer has outstanding on the official list of the Malta Stock Exchange and should not be construed as a recommendation to invest in the bonds or otherwise. We will not accept liability for any loss or damage resulting from the use of FAS and no representation or warranty is given as to the reliability of the information contained herein. Potential investors are encouraged to consult a professional before investing in the securities of the Issuer.

Cordially,

FINANCIAL TO ANALYSES SUMMARY

November 9r 2022

Prepared by Rizzo, Farrugia & Co (Stockbrokers) Ltd, in accordance with the

Listing policies published by the Malta Financial Services Authority on 5th March 2013

and last updated August 21, 2021.

JABLE TO VSSUMMARY

LSTI OF ABBREVIATIONS

IIMPORTANT IINFORMATION

PART A

BUSEFULNESS &MMARKET OOVERVIEW youPDATE

PART B

FINANCIAL REVE

PART VS

LISTED SSECURITIES

PART D

VSOMPARATIVES

PART E

gLOSING

Financial Analysis Summary – 2022 Bond Issue

LSTI OF ABBREVIATIONS

AES

Angola Environmental Services Lda

PB

BP plc

BP Egypt

BP Exploration (Delta) Limited

CPF

Central processing facility

EBITDA

Earnings before interest, taxes, depreciation and amortization

Eni

Eni SpA

OUCH

International Energy Agency

IEC

International energy companies

CIOE

IEOC Production BV (subsidiary of Eni in Egypt)

THEY

Integrated logistics support services

MedOps

Medserv Operations Limited

KITTY

Mellitah Oil & Gas BV (Libyan branch)

OCTG

Oil Country Tubular Products

OPEC

Organization of Petroleum Exporting Countries

PDO

Oil Development Oman

RUL

Regis Uganda Limited

SONILS

Integrated Logistics Services Sonangol Lda

Sumitomo

Sumitomo Corporation Middle East FZE

TotalEnergies

TotalEnergies SE

United Arab Emirates

United Arab Emirates

Financial Analysis Summary – 2022 Bond Issue

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Disclaimer

Medservregis plc published this content on November 11, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on November 11, 2022 14:31:01 UTC.

Public now 2022

All news about MEDSERVREGIS SA

Sales 2021 29.9 million
30.4 million
30.4 million
Net income 2021 -7.51M
-7.64M
-7.64M
Net debt 2021 60.3 million
61.3 million
61.3 million
PER 2021 ratio -4.74x
2021 performance
Capitalization 71.1M
72.3 million
72.3 million
EV / Sales 2020
EV / Sales 2021 4.22x
# of employees 609
Floating 66.2%

Chart MEDSERVREGIS PLC


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Evolution of the income statement


Sarah J. Greer