Go Internet

AGM Information • Dec 9, 2015

Informazione Regolamentata n. 20056-46-2015		Data/Ora Ricezione 09 Dicembre 2015 18:09:15	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	GO internet S.p.A.
Identificativo Informazione Regolamentata	:	66744
Nome utilizzatore	:	GOINTN05 - x
Tipologia	:	IROS 04
Data/Ora Ricezione	:	09 Dicembre 2015 18:09:15
Data/Ora Inizio Diffusione presunta	:	09 Dicembre 2015 18:24:16
Oggetto	:	2015	Press release GO internet_9 December
Testo del comunicato

Vedi allegato.

Press release

GO internet S.p.A.: the Extraordinary General Meeting approves the share capital increase and the issuance of convertible bonds in order to service growth

Gubbio, 9th December 2015 – GO internet S.p.A., a company operating in the Internet Mobile industry, gives notice that the Extraordinary General Meeting held today resolved to increase the share capital paying a maximum total amount of Euro 4,000,000 including share premium ("Share Capital Increase"). The increase will be carried out by 31 December 2016 in one or more instalments by issuing cum dividend ordinary shares having the same characteristics of the outstanding ordinary shares, to be offered as an option to all shareholders owning ordinary shares of the Company pursuant to Article 2441, first paragraph, of the Italian Civil Code.

Pursuant to article 2420-bis of the Italian Civil Code, the Extraordinary General Meeting also approved the issuance of convertible bonds in one or more instalments and, in any case, by 31 December 2016 with the exclusion of option rights, up to a maximum amount of Euro 4 million ("Convertible Bond"), reserved for qualified investors, and simultaneous increase of the share capital exclusively for the conversion of the aforementioned bonds, to be paid in one or more instalments, by issuing warrants with the same dividends and characteristics as the GO internet S.p.A. ordinary shares outstanding at the issue date. An application for listing the aforementioned bonds will be filed at AIM Italia, the multilateral trading facility managed by Borsa Italia S.p.A.

Finally, the Extraordinary General Meeting also granted the Board of Directors the powers required to define, right before the start of the transaction, the final amount of the capital increase and of the Convertible Bond, the number of ordinary shares to be issued, the ratio of new shares to old shares and the issue price as well as the schedule for implementing the capital increase resolution in accordance with the final deadline set.

The capital increase and the convertible bonds are aimed at pursuing the strategic goals contained in the 2016-2020 Industrial Plan approved by the Board of Directors of GO internet on 23 October, namely:

• accelerate the programme of innovative investments in order to enhance the Company's presence on the key Italian market in the Marche and Emilia Romagna regions;
• confirm the objective of geographic expansion through the acquisition of frequencies in new regions;

• expand the network infrastructure with the installation of new stations in order to offer Internet connection service using 4G-LTE (Long Term Evolution) up to 100 Mbit/s;

• increase both customer base and number of services.

"In light of the sharp growth seen in the last year, with an increase in active customers of about 40% compared to 2014, we believe that the enhancement of the current network in the Marche and Emilia Romagna regions and the extension of the coverage to new regions are a strategic and essential factor for the company's positioning on the market" said Mr Giuseppe Colaiacovo, Chairman of GO internet S.p.A.

GO internet S.p.A.

GO internet S.p.A. is an Italian company operating in the Mobile Internet industry. Since 2011, GO internet has been offering families and businesses internet and telephone services using 4th generation wireless technology (4G). The service is offered in the Marche and Emilia-Romagna regions where GO internet has an exclusive right of use of the frequencies for Broadband Wireless Access systems in the 3.5 Ghz band. GO internet's ISIN code: IT0005038002. Ticker: "GO".

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GO internet S.p.A. Nomad

Tel: +39 075 7829119 Tel: +39 051 4850990 Mobile: +39 348 6431609 Email: gointernet@popvi.it Email: c.migliarini@gointernet.it

Chiara Migliarini Banca Popolare di Vicenza S.p.A.