MIDI plc – Change in Shareholding

MIDI plc announced that it has been notified that Fortress Developments Limited, which held 25,351,833 shares constituting more than 10% of the issued share capital and voting rights in the company, was placed in liquidation on December 12, 2013, and that in terms of an approved scheme of distribution, the assets of Fortress consisting of shares in the company were distributed in specie by the liquidator to Fortress' shareholders.

It follows that the shareholding of Fortress has fallen below the 10% and 5% thresholds respectively.

To view the official company announcement, click here.