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MIDI plc has announced the following allocations for the issue of €50,000,000 4% MIDI plc Secured Bonds 2026:
a) Existing Holders
Applications for exchanging existing holdings of EUR Bonds 2016/18 and GBP Bonds 2016/18 were allocated in full. This includes applications which were rounded up to the minimum of €2,000
b) Current Shareholders
Applications from current shareholders were allocated the first €1,000 in full and 9.545% of the remaining amount rounded to the nearest €100.
c) General Public
Applications from the General Public, together with any additional amounts applied for by Existing Bond Holders and Current Shareholders were allocated the first €1,000 in full and 16.887% of the remaining amount rounded to the nearest €100.
Refunds of unallocated monies will be made by the 1st August 2016 and trading is expected to commence on the 4th of August 2016.
The full press release by MIDI plc is available here. For more information please call on 25 688 688 or send and email on [email protected]
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