Lovin Malta has today confirmed that the original shares held by former CEO and founder Christian Peregin have been acquired, finalising a share transfer that sees existing CEO, David Grech acquiring the majority of shares in the company with two new shareholders, existing COO Bettina Falzon and Luke Frendo acquiring the remaining shares.

The change was officially registered with MBR this week following negotiations that commenced on 13th July 2021. The final agreement for the acquisition of Christian Peregin’s shares was reached in April 2022.

Lovin Malta would like to thank Christian Peregin for his contribution in turning Lovin Malta into the powerhouse it is today.

“The changes provide a mix of continuity and new energy to the company. While the operational changes have been minimal, this is the first in a number of announcements which the company will be making in the coming months,” CEO David Grech said.

“These developments will see Lovin Malta continue to provide editorial content of the highest standard while expanding its online presence as well as launching a number of new verticals which will continue to cement its position as the Media market leader of the island.”

Luke Frendo, who will not be taking on an operational or editorial role within the operation, but will be focusing on optimising its tech and digital offering as well as the creation of new verticals”

“The team at Lovin Malta were instrumental in guaranteeing continuity to our readers and clients throughout this whole process. The transition has been a seamless one with the operational and majority shareholders remaining the same. We are extremely excited about what the future holds for the company in the years to come,” COO Bettina Falzon added.

As always Lovin Malta would like to reiterate its commitment to being fiercely independent, innovative and impactful in creating the breaking journalistic content its large readership has come to expect.

This will be no different in the years to come as the company continues to expand its commercial and editorial branches while increasing the separation between them through structures that continue to safeguard its unique impartiality.

The company has and always will be the sum of all of its members, partners and devoted readers and would like to thank them for their continued support over the past 6 years of success.