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    MDI   MT0000420126

MIDI P.L.C.

(MDI)
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End-of-day quote Malta Stock Exchange  -  05-24
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05/26MIDI P L C : Resolutions - MIDI AGM 2022
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04/27MIDI p.l.c. Reports Earnings Results for the Full Year Ended December 31, 2021
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04/26MIDI P L C : Approval of Audited Financial Statements
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MIDI p l c : Manoel Island

12/20/2021 | 10:10am EDT

Company Announcement

The following is a Company Announcement issued by MIDI plc ("MIDI" or "the Company") pursuant to the Capital Markets Rules of the Malta Financial Services Authority.

Quote

MANOEL ISLAND

The Company hereby announces that it has entered into a non‐binding memorandum of understanding with AC Enterprises Limited to explore the possibility of establishing a joint venture with respect to the development of Manoel Island. AC Enterprises Limited (C49755) is owned by Mr. Anton Camilleri and his family who have an established track record in the development of residential and commercial properties.

Discussions are ongoing and may or may not result in a transaction. Any eventual agreement will be subject to the Company's contractual obligations and any necessary regulatory and shareholder approvals in terms of law.

Throughout the process, the Company will communicate material updates, if any, in accordance with regulatory requirements.

Unquote

Catherine Formosa

Company Secretary

Date: 20th December 2021

MIDI p.l.c., North Shore, Manoel Island, Malta

Tel: (+356) 20655500, Fax: (+356) 20655501

Company Registration No. C 15836

Email: info@midimalta.com Website: www.midimalta.com

Disclaimer

Midi plc published this content on 20 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2021 15:09:01 UTC.


© Publicnow 2021
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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 80,5 M 86,3 M 86,3 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 35
Free-Float 48,0%
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Income Statement Evolution
Managers and Directors
Mark Portelli Chief Executive Officer & Executive Director
Jesmond Micallef Chief Financial Officer
Alec A. Mizzi Chairman
Joseph Bonello Independent Non-Executive Director
Joseph A. Gasan Independent Non-Executive Director
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