Tessellis

Capital/Financing Update • Apr 24, 2023

Informazione Regolamentata n. 0260-24-2023		Data/Ora Ricezione 24 Aprile 2023 19:49:42	Euronext Milan
Societa'	:	TISCALI
Identificativo Informazione Regolamentata	:	175788
Nome utilizzatore	:	TISCALIN07 - Capoccia
Tipologia	:	REGEM
Data/Ora Ricezione	:	24 Aprile 2023 19:49:42
Data/Ora Inizio Diffusione presunta	:	24 Aprile 2023 19:49:43
Oggetto	:	Tessellis S.p.A. - Issuance 1st fraction 2nd tranche POC N&G
Testo del comunicato

Vedi allegato.

Issuance of 20 convertible and converting bonds for Euro 2,000,000 related to the investment agreement signed with Nice & Green S.A..

Cagliari, April 24, 2023

Further to the announcements made on April 5 and May 16, 2022, Tessellis S.p.A. (the "Company" or "Tessellis") announces that today was issued in favor of Nice & Green S.A. ("N&G" or the "Investor"), the second fraction of the first tranche of the convertible and converting bond loan into Tessellis shares, consisting of 18 tranches of Euro 5.000,000 - which can also be subscribed in tranche fractions of multiples of Euro 1,000,000 - for a total maximum amount of Euro 90,000,000.00, reserved for the Investor (the "POC"), referred to in the investment agreement signed between the Company and N&G on April 4, 2022.

Specifically, today's subscription request consists of 20 bonds convertible into Tessellis shares (coupons no. 21-40) with a unit value of Euro 100,000 each, for the total amount of Euro 2,000,000, in execution of the resolution of the Extraordinary Shareholders' Meeting of the Company held on May 16, 2022.

Investor Relations Officer

Patrizia Tammaro Silva patrizia.tammarosilva@tiscali.com +39 335 7959913

Press Office

Ilenia Loi iloi@tiscali.com +39 07046011

About Tessellis

Tessellis S.p.A. (Italian Stock Exchange. Milan: TSL) is the holding company of the Group born from the merger between Linkem Retail and Tiscali S.p.A.; it includes among its business areas that of Tiscali Italia S.p.A., national operator among the first in the ultrabroadband segment (FWA - Fixed Wireless Access and FTTH - Fiber To The Home), the portal www.tiscali.it, one of the main Italian news portals, with more than 9 million visitors per month, as well as the advertising concessionaire Veesible s.r.l.

TESSELLIS

Headquarters Località Sa Illetta km 2.300, 09123 Cagliari, Italia Tel. +39 070 4601 1 Shareholders' Capital 187,513,965.37 fully paid-up VAT 02375280928 R.E.A. 191784 C.C.I.A.A. Cagliari tessellis.it