MIDI plc - Acquisition of Shares in SIS

Tuesday, August 4th, 2015

On 3 August, MIDI plc announced that on 30 July it entered into a preliminary agreement with Siemens SpA by virtue of which MIDI agreed to buy the 50% shareholding in Solutions & Infrastructure Services Limited (SIS) currently owned by Siemens SpA.

Following the completion of the transaction, MIDI, which already owns the other 50% of the shares of SIS, will hold all the shares of SIS.

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