MIDI plc - Update on Manoel Island

Wednesday, September 14th, 2016

On 14 September, MIDI plc issued an announcement referring to its Interim Directors’ Statement dated 27 May 2016, to the Directors’ commentary in the Interim Financial Statements dated 31 August 2016, and to an article appearing on the newspaper ‘MaltaToday’ on 12 September 2016.

MIDI stated that whilst it continues to be in discussions with third parties who have previously expressed an interest in the Manoel Island project, MIDI has not placed ‘a price tag on Manoel Island’. In this respect, MIDI will make further announcements as and when necessary.

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