Mapfre Middlesea plc - Substantial Shareholding

In a Company Announcement issued today by Middlesea Insurance plc it was stated that Corporacion Mapfre has indicated its willingness to increase its existing equity stake in the Company (currently totalling 5.49%) by acquiring the shareholding of the Government of Malta (15.78%) and Air Malta plc (7.33%). It was also announced that no negotiations as to the terms and conditions (including the price) have as yet taken place.

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