Legal Proceedings Report • Apr 6, 2023
Legal Proceedings Report
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The following is a Company Announcement issued by BMIT Technologies p.l.c ("the Company") pursuant to the Capital Markets Rules as issued by the Malta Financial Services 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.
The Company would like to inform the market that it is in discussions with GO p.l.c. (C22334), having its registered office situated at GO, Fra Diegu Street, Marsa MRS1501, Malta, for the potential assignment and transfer of inter alia (i) certain lease rights and obligations currently enjoyed by GO p.l.c. and (ii) the passive infrastructure thereon used for the hosting of telecommunications equipment (the "Transaction").
Negotiations are still ongoing and the likelihood of concluding the Transaction, which is subject to a number of different variables, is still uncertain.
The Company will keep the market updated with any significant developments.
Unquote
Dr. Francis Galea Salomone LL.D. Company Secretary 6 th April 2023
BMIT Technologies plc, SCM02, Level 2, SmartCity Malta, SCM1001, Kalkara, Malta
T: +356 2258 8200 W: bmit.com.mt
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