BMIT Technologies plc is set to hold an Extraordinary General Meeting with its shareholders to consider and approve the acquisition of 49 per cent equity stake in Malta Properties Company plc.

BMIT Technologies is a subsidiary of GO plc, while Emirates International Telecommunications (Malta) Limited (EITML), another company, is a shareholder in both Malta Properties Company plc and GO plc.

The meeting will take place on Tuesday 30th September 2025, at 2:00 PM at The Westin Dragonara Resort in St Julian’s. Shareholders who are listed on the company’s register as of 31st August 2025 will receive an official notice and will be entitled to attend, participate and vote at the meeting.

Last month BMIT announced that it had entered into a Share Purchase Agreement with EIMTL.

The agreement is valued at €25.3 million, and the acquisition, subject to regulatory and shareholder approvals, will see BMIT Technologies purchase 49,642,139 ordinary shares in MPC at €0.51 per share.

This shareholding represents nearly half of MPC’s issued capital and includes key infrastructure assets that support Malta’s telecommunications and technology sectors.

MPC owns and manages a portfolio of commercial properties, many of which are essential for telecoms and ICT operations. The deal is expected to deliver added value through diversification of revenue streams and increased financial stability.

BMIT Technologies anticipates that this acquisition will further reinforce its strategic positioning as a leading provider of digital infrastructure and cloud-based services, complementing its existing service portfolio with physical infrastructure ownership.

The Board of Directors of BMIT Technologies has unanimously approved the transaction following a detailed review by the Audit Committee, in line with Capital Markets Rules governing related party transactions.