GO Plc

Capital/Financing Update • Aug 13, 2020

COMPANY ANNOUNCEMENT

The following is a Company Announcement issued by GO p.l.c. (the "Company") pursuant to the Listing Rules as 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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Allocation policy in respect of the €40 million 4% unsecured bonds 2030 being issued by Cablenet Communication Systems plc

Reference is made to recent announcements made in respect of the €40 million 4% unsecured bonds 2030 (the "Bonds") being issued by Cablenet Communication Systems plc ("Cablenet" and the "Bond Issue", respectively) and the publication of a prospectus dated 21 July 2020 in relation thereto (the "Prospectus").

In terms of the Prospectus, Cablenet entered into pre-allocation agreements with a number of financial intermediaries, whereby an aggregate amount of €32,000,000 worth of Bonds were allocated amongst such Financial Intermediaries.

The remaining balance of €8,000,000 worth of Bonds was made available for subscription by Preferred Applicants, as defined in the Prospectus.

Cablenet received a total of 1,031 applications (including applications under nominee) for a total amount of €10,908,000 worth of Bonds from Preferred Applicants resulting in an over-subscription of €2,908,000 worth of Bonds.

As such, applications received from Preferred Applicants will be satisfied in full up to €10,000 worth of Bonds and 27.9% of any additional amount applied for thereafter, rounded down to the nearest €1,000.

As a result of the above, the Intermediaries' Offer will not take place.

go.com.mt

In accordance with the Prospectus, interest on the Bonds will start accruing as from 18 August 2020 and refunds of unallocated monies will be processed by 21 August 2020. The Bonds are expected to be admitted to listing on the Official List of the Malta Stock Exchange on 21 August 2020 and trading may commence as from 24 August 2020.

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Dr. Francis Galea Salomone LL.D. Company Secretary

13 August 2020

GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt Company Registration Number: C22334 VAT Number: MT 12826209

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