Tessellis

Share Issue/Capital Change • Sep 3, 2025

Informazione Regolamentata n. 0260-85-2025	Data/Ora Inizio Diffusione 3 Settembre 2025 12:19:46		Euronext Milan
Societa'	:	TESSELLIS
Identificativo Informazione Regolamentata	:	209603
Utenza - referente	:	TISCALIN07 - Capoccia Federica
Tipologia	:	REGEM
Data/Ora Ricezione	:	3 Settembre 2025 12:19:46
Data/Ora Inizio Diffusione	:	3 Settembre 2025 12:19:46
Oggetto	:	Tessellis S.p.A. - Notice of change in share capital and issue of new bonds 25.08.2025
Testo del comunicato

Vedi allegato

Notice of change in share capital and Issuance of 10 Convertible and Converting Bonds for EUR 1,000,000 concerning the Investment Agreement signed with Nice&Green S.A

Cagliari, 25/08/2025

Tessellis S.p.A. (the "Company" or "Tessellis"), following the filing on August 25, 2025, with the Companies' Register of Cagliari of the certificate referred to in Article 2444 of the Italian Civil Code, announces the new amount of its share capital.

The Company informs that on August 22, 2025, Nice & Green S.A. ('N&G' or the 'Investor') subscribed and paid for 5 bonds convertible into Tessellis shares (coupons no. 236 - 240) with a unit value of €100,000 each, in accordance with the resolutions of the Company's Extraordinary Shareholders' Meetings of May 16, 2022 and June 17, 2024. Similarly, on August 25, 2025, a further 5 convertible bonds (coupons nos. 241-246) were subscribed and paid for.

	Current share capital			Previous share capital
	Euro	n. shares	Nominal	Euro	n. shares	Nominal
			Unit Value			Unit Value
Total of
which:
Ordinary	59,165,654.64	396,490,936	Without	58,665,654.64	391,569,677	Without
Shares			nominal			nominal
(Dividend			value			value
shares)
Current
number: 2
Listed	48,596,685.16	326,694,231	Without	48,096,685.16	321,772,972	Without
(ISIN			nominal			nominal
IT0005496			value			value
473)
Non listed	10,568,969.48	69,796,705	Without	10,568,969.48	69,796,705
(ISIN			nominal
IT0005628			value
661)

TESSELLIS

	N. of convertible securities exercised	N. of outstanding bonds
Convertible Bonds	5	5
Convertible saving shares
Convertible preferred shares
Warrant

The change in capital was executed by virtue of the request for conversion, submitted on August 22, 2025 by Nice & Green S.A. (N&G), of five bonds (coupon no. 236-240) of the convertible and converting bond against which 4,921,259 new Tessellis ordinary shares, without par value, listed with ISIN IT0005496473, were issued today.

It should be noted that the conversion price identified based on the contractual agreements was set at EUR 0.1016.

It should also be noted that N&G is not - nor has it ever been - qualified as a related party pursuant to the applicable regulations in law.

Investor Relations Officer Patrizia Tammaro Silva patrizia.tammarosilva.consultant@tiscali.com Press Office Ilenia Loi Ilenia.loi@tiscali.com +39 070 46011

About Tessellis

Tessellis S.p.A. (listed Euronext Milan: TSL) is the holding company of the Group formed by the merger of Linkem Retail and Tiscali S.p.A. It includes among its business areas that of Tiscali Italia S.p.A., 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 about 8 million visitors per month to its credit, as well as the advertising concessionaire Veesible S.r.l..

Numero di Pagine: 4