MIDI plc to hold Annual General Meeting

Investi Newsdesk
MIDI logo in gold lettering on a dark blue background, with a stylised outline of Malta’s coastline above the text.

MIDI plc has announced that its Annual General Meeting will be held on Thursday, 18 June 2026, at 4.00pm at The Spinola Suite, Hilton Malta, Portomaso, St Julian’s.

Shareholders to vote on annual accounts

In a company announcement issued pursuant to the Capital Markets Rules of the Malta Financial Services Authority, MIDI said shareholders will be asked to consider a number of ordinary resolutions during the meeting. The full company announcement is available here: https://cdn.borzamalta.com.mt/download/announcements/MDI223.pdf

The resolutions include the approval of the audited financial statements for the financial year ended 31 December 2025, together with the Directors’ and Auditors’ reports as set out in the company’s Annual Report.

Auditors’ re-appointment

Shareholders will also be asked to approve the re-appointment of PricewaterhouseCoopers, of 78 Mill Street, Qormi, as auditors of the company, with the directors being authorised to fix their remuneration. Another resolution will seek shareholder approval, on an advisory and non-binding basis, of the Remuneration Report prepared in terms of Chapter 12 of the MFSA Capital Markets Rules.

Directors’ remuneration

The AGM will also consider a resolution establishing €62,500 as the maximum annual aggregate remuneration payable to the company’s directors.

MIDI said all directors will retire from office in line with the company’s Articles of Association. Following a call for nominations, seven valid nominations were received for eight vacancies. As a result, no election will be held, and the nominees will automatically take office as directors. The nominees are Jacqueline sive Jackie Briffa, Joseph Bonello, Jonathan Buttigieg, Marzena Formosa, Joseph A. Gasan, Alec A. Mizzi, and Joseph Said.

Shareholder participation and proxy voting

The company said the AGM notice was mailed to shareholders on the company’s share register at the Central Securities Depository of the Malta Stock Exchange as at close of business on 19 May 2026. Only shareholders on the register at that date are entitled to participate and vote at the meeting. Proxy forms may be submitted by post or by email to agm@midimalta.com no later than 48 hours before the AGM.

Source: MIDI plc company announcement – https://cdn.borzamalta.com.mt/download/announcements/MDI223.pdf