The Convenience Shop (Holding) p.l.c. marks listing on MSE with ringing of the bell ceremony

The Convenience Shop (Holding) p.l.c. has announced its listing on the Malta Stock Exchange, marking a significant milestone in the company's history. The Convenience Shop Group has successfully completed its Initial Public Offering (IPO), and this listing opens up new avenues of growth and opportunities for the company.

The Convenience Shop Group was founded 14 years ago by Ivan Calleja and Joseph Pace, with a vision to cater to the modern Maltese lifestyle by bridging the gap in the Fast-Moving Consumer Goods (FMCG) retail sector. Since then, the group have come a long way. Calleja and Pace, together with Manuel Piscopo and Kevin Deguara forged a path of growth, innovation, and success, under the leadership of the Group CEO, Martin Agius.

Key milestones by end of 2023 include the opening of four additional franchised stores, the opening of their head office and flagship store in Qormi, as well as a new partnership with the National Lottery.

The company's expansion strategy includes reaching a significant milestone of opening its 100th shop by mid-2024, solidifying its presence and bringing convenience closer to more communities.

In addition to physical growth, The Convenience Shop Group is committed to enhancing the shopping experience for its customers. In 2024, the company will unveil a fresh and modern look and feel within its shops, ensuring it remains at the forefront of evolving customer preferences and needs.

Looking further ahead, The Convenience Shop Group aspires to make its first international placement by 2025, expanding its reach and tapping into new markets.

During the ceremony, the Chairman of The Convenience Shop Group, Benjamin Muscat, expressed his sincere appreciation to the investors who have placed their trust in the company through the IPO. He assured that the company is committed to generating consistent returns, enhancing shareholder value, and maintaining a transparent and accountable approach.