Picture your Future. Save for it by earning 1.5% on a 1-year Term Deposit Account! Learn more.

BMIT Technologies plc

MeDirect Bank (Malta) plc would like to announce that we are accepting applications for anyone interested in the Initial Public Offering (IPO) in BMIT Technologies plc.

GO plc is making an offer to the public of up to 99,761,701 shares of a nominal value of €0.10 each in BMIT Technologies plc at an offer price of €0.49 per share. In terms of
Section 99 of the Companies Act, a prospectus dated 7 January 2019 has been published by BMIT Technologies plc and filed with the Registry of Companies. 79,261,701 shares have
already been allotted to a number of financial intermediaries leaving 20,500,000 shares available for the general public.

BMIT is a leading IT services provider in Malta and operates predominantly in the Maltese market. Historically, its main target clients were online gaming companies operating
out of Malta. While today this market remains key to the Group, over the years the Group extended its product and service offering and markets, to cater for cloud and managed IT
Services, targeting other knowledge-based segments in Malta. Today, the client portfolio also includes financial institutions, professional and media organisations, and similar

The issuing company will grant holders of the GO plc shares preference to subscribe for the Initial Public Offering. As a result, if you held GO Shares as at
3rd January 2019 (bought by the 28th of December 2018), you will be given preference to subscribe for the BMIT Technologies plc equity.

If you hold GO plc shares in your personal account with the Malta Stock Exchange, you will receive an application form by post. You can apply for the BMIT
Technologies plc shares by submitting the application form at one of our branches, located in Sliema, Mosta, Paola and Rabat Gozo.

If you hold GO plc shares with MeDirect Bank (Malta) plc under nominee, you should have received a notification from us in your secure online banking mailbox,
with instructions to exercise your right to subscribe for the New Equities. If your intention is to exercise such right, please do so by replying to the notification.

If you do not hold GO plc shares, you will be able to apply for subscription at one of our branches by latest 14:00 hours on 31 January 2019 subject to a
minimum application of 2,000 shares and in multiples of 100 shares thereafter.

Before making your investment decision, you are requested to read the Prospectus of the new equity. For further information, please call us on (+356) 2557 4400 or send an email to

The information set forth in this article is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase
any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and
conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the
event of default, insolvency and/or bankruptcy of the relevant issue. The financial instruments discussed may not be suitable for all investors and investors must make their own
informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.

MeDirect Bank (Malta) plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. MeDirect Bank
(Malta) plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no
guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect
on your investment.

MeDirect Bank (Malta) plc, company registration number C34125, is licensed by the Malta Financial Services Authority under the Banking Act (Cap. 371) and the Investment Services Act
(Cap. 370). This material shall not be reproduced in any way, whether in whole or in part. Any unauthorised
disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.

Join MeDirect today to access the tools you need to put your money to work on your own terms.

Latest news articles

Buying a summer residence can be a great way to create cherished family memories and also an excellent investment. There are a few things to keep in mind before going ahead though.
All News

A summer residence to enjoy or as an investment

Buying a summer residence can be a great way to create cherished family memories and also an excellent investment. There are a few things to keep in mind before going ahead though.

Consensus forms at Outlook Forum
All News

BlackRock Commentary: Consensus forms at Outlook Forum

BlackRock investment leaders gathered on June 6-7 for their semiannual Outlook Forum, where they concluded that interest rates are likely to remain elevated due to persistent inflation. They also shifted their view on artificial intelligence, now believing that its buildout could be inflationary in the near term, with a select group of AI winners expected to drive returns over the next six to twelve months.

Epic Investment Partners Weekly Article
All News

Epic Investment Partners Views: The Week Ahead

In Epic Investment Partner’s view, this week’s economic landscape is marked by mixed signals from China and a series of critical data releases from the US and Eurozone. As markets digest last week’s developments, including the Fed’s cautious stance on rate cuts and MSCI’s decision affecting European bonds, investors brace for a busy week ahead.

Experience better Banking

The sooner you start managing your money, your way, using the best-in-class tools, the sooner you’ll see results. 

Sign up and open your account for free, within minutes.



We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.