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    MDI   MT0000420126

MIDI P.L.C.

(MDI)
  Report
End-of-day quote. End-of-day quote Malta Stock Exchange - 12/21
0.43 EUR   +8.04%
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MIDI p l c : PA Approval of Manoel Island Revised Masterplan

09/16/2021 | 08:02am EST

Company Announcement

The following is a Company Announcement issued by MIDI plc ("MIDI" or "the Company") pursuant to the Capital Markets Rules issued by the MFSA.

Quote

Planning Authority Approval of Manoel Island revised Masterplan and revised Outline

Development Permit

Further to the Company Announcement MDI157 dated 18 February 2021.

MIDI p.l.c. (the "Company") is pleased to announce that, at a meeting held earlier on today, the Board of the Planning Authority has approved the revised Masterplan and the revised Outline Development Permit (Ref. PA9407/17) for the restoration and redevelopment of Manoel Island.

Further information about the revised Masterplan for the restoration and redevelopment of Manoel Island is available at: https://www.manoelisland.com.mt/.

The Company is fully committed to the Manoel Island development project and is looking forward to move into the next phase of the project including obtaining full development permits in order to commence the works during the second half of 2022.

Unquote

______________________

Catherine Formosa

Company Secretary

16 September 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 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 12:01:12 UTC.


© Publicnow 2021
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Financials
Sales 2020 2,82 M 3,19 M 3,19 M
Net income 2020 -2,12 M -2,40 M -2,40 M
Net Debt 2020 62,0 M 70,2 M 70,2 M
P/E ratio 2020 -45,3x
Yield 2020 -
Capitalization 92,1 M 104 M 104 M
EV / Sales 2019 6,02x
EV / Sales 2020 56,1x
Nbr of Employees 36
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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