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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%
2021MIDI P L C : Manoel Island
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MIDI p l c : Reviving Manoel Island

10/15/2021 EST
Reviving Manoel Island 15 October 2021

Paul Cocks from MaltaToday speaks to MIDI plc CEO Mark Portelli about the revised masterplan.

The Manoel Island masterplan has been unanimously approved by the planning board of the Planning Authority. The project consists of a mixed-use development, incorporating residential, commercial, leisure facilities, sports facilities for the local community, public amenities and a Centre for the Arts and Culture.

The planning board commended the efforts that have been made to achieve a more sustainable Masterplan having a better balance between built-up and open spaces, with the open spaces now heavily outweighing the built-up area. More land has been committed to parks, squares, pedestrian priority streets and promenades, with most of the Island to become a pedestrian-friendly shared-surface destination. All parking and service facilities are to be located underground.

Read the full article here - https://bit.ly/3C1UwLY

Disclaimer

Midi plc published this content on 15 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 14:13:10 UTC.


ę Publicnow 2021
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Financials
Sales 2020 2,82 M 3,18 M 3,18 M
Net income 2020 -2,12 M -2,39 M -2,39 M
Net Debt 2020 62,0 M 69,9 M 69,9 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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