MIDI plc’s principal activity is the development of the Manoel Island and the Tigne Point Project. More information about the company can be found here or on www.midimalta.com
The Listing Authority has given the authorisation to MIDI plc to issue the following:
1) 44,444,444 ordinary shares together with an over-allotement option of up to a further 22,222,222 ordinary shares to be offered for subscription to the public at 45c per share
2) 22,222,222 ordinary shares to be offered for subscription to the existing shareholders of the Company at 45c per share
An Application form for this issue can be downloaded here.
The Prospectus for this issue can be downloaded here.
The Information Memorandum for this issue can be downloaded here.
Denomination Euro €
Issue Price 45c per share
Size of Issue 44,444,444 shares with over allotment of 22,222,222 shares
Listing Malta Stock Exchange
Pre-placement date 26 November 10
General Offer Period 29 November 10
Announcement of basis of acceptance 10 December 10
Refunds of unallocated monies 17 December 10
Admission of Ordinary Shares on the Malta Stock Exchange 22 December 10
Expected Commencement of trading of Ordinary Shares on the Malta Stock Exchange 23 December 10
Minimum application for shares
General Offer 2000 shares (equivalent to €900) and in multiples of 100 thereafter
Pre-placement 25,000 shares (equivalent to €11,250) an in multiples of 100 thereafter
For advice on whether this issue is suitable for inclusion in your investment portfolio please contact one of our investment advisors on 25 688 688 or send us an email on [email protected]