MIDI plc - New Share Issue

On 26 October, MIDI plc announced that it has submitted a Prospectus for approval by the Listing Authority for the issue of 44,444,444 shares of a nominal value of €0.20 per share with an over-allotment option of a further 22,222,222 shares. Concurrently, the existing shareholders of the company will be subscribing to a further 22,222,222 shares.

An application to the Listing Authority has been made for all the shares of MIDI to be listed on a regulated market.

Further details of the share issue including the price will be announced once approval is granted.

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