COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by BMIT Technologies p.l.c. ("the "Company") pursuant to the Listing Rules issued by the Listing Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.

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The Company announces that earlier today it held its Annual General Meeting, during which all the Resolutions on the agenda were approved.

The Company further announces that the following persons were appointed to the Company's Board of Directors:

  • Mr. Nikhil Patil - Chairman
  • Dr. Arthur Galea Salomone
  • Mr. Deepak Padmanabhan
  • Mr. Reuben Attard
  • Mr. Faker Hnid

Mr. Deepak Padmanabhan currently resides at Villa No.10, Street 5, Emirates Hill, P.O Box 73000, Dubai, United Arab Emirates. He was the founding Chairman of Malta Properties Company p.l.c. ("MPC") and currently serves as a Board Member. Mr. Padmanabhan is a Partner at Tenten100 a boutique firm specializing in Foresight and Strategy.

Prior to his current assignment, Mr. Padmanabhan served as the Chief Executive Officer of MPC and of Emirates International Telecommunications, LLC ("EIT"). EIT was specifically formed to build a TMT investment portfolio for Dubai Holding and has/had major investments in Europe, Middle East and North Africa. Mr. Padmanabhan was also the Chief Strategy & Business Development Officer of TECOM Investments, with a clear focus on the development of the ICT, Media, Education, Biotechnology and Renewable Energy of Dubai. He has been responsible for the development of the various knowledge clusters for Dubai namely, Dubai Internet City, Dubai Media City, Knowledge Village and DuBiotech. He has played a key role in the development of the district cooling business, Empower; facility management business, Idama and the Arab Media Group. He has also been instrumental in the planning and development of the Second Telecom Operator in the U.A.E., Emirates Integrated Telecommunications Company (Du).

He was Chairman of the boards of Forthnet S.A (Greece) and GO p.l.c (Malta). He is a founding Board member of TIE Dubai and served two terms as President. TIE is a non-profit organization, supporting the entrepreneurial ecosystem in the UAE. He has over 35 years of experience in the telecom industry and was responsible for developing various data communication services and setting up of related business units for Etisalat, the local telecommunications company in the U.A.E. in the past. He is a certified independent board director ("IDP") from the INSEAD Business School. He has also completed the Oxford Real Estate Program at the Said Business School University of Oxford.

There are no other matters concerning Mr. Padmanabhan that require disclosure under the listing rules.

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Dr. Francis Galea Salomone LL.D.

Company Secretary

26th May 2021

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BMIT Technologies plc published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 15:02:00 UTC.