MIDI Plc — AGM Information 2016

Apr 20, 2016

MIDI PLC

COMPANY ANNOUNCEMENT

The following is a company announcement issued by MIDI" or "the Company") pursuant to the Malta Financial Services Authority Listing Rules.

Quote

Annual General Meeting

The Company's forthcoming Annual General Meeting (AGM) will be held at The Intercontinental Malta, St George's Bay, St. Julian's on Thursday 12 May 2016 at 16.30hrs. The following ordinary resolutions are being presented for consideration at the AGM:

• 1. To receive and approve the Audited Financial Statements for the year ended 31 December 2015 and the Report of the Directors and the Auditors thereon.
• 1. To approve payment of a final net dividend of €0.007 per share, which represents a final net dividend of €1,499,119 as recommended by the Directors, for payment by the 27 May 2016.
• 1. To re-appoint as auditors PricewaterhouseCoopers, of 78, Mill Street, Qormi, Malta and to authorise the Board of Directors to fix their remuneration.
• 1. To appoint the Directors in accordance with Articles 98 to 105 of the Articles of Association.
• 1. To establish at €50,000 the maximum annual aggregate remuneration for all Directors for the holding of their office.

With regard to the 4th resolution, in terms of Article 101 of the Articles of Association, since there were as many nominations as there were vacancies, no election will take place and the candidates so nominated will be automatically appointed Directors.

The documentation related to the AGM is available for viewing at the registered address of the Company at North Shore, Manoel Island, Malta and on the Company's website at www.midi.com/agm.

Unquote

Darren Azzopardi

Company Secretary

20 April 2016

MIDI p.l.c., North Shore, Manoel Island, Malta Company Registration No. C 15836