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Planetel Capital/Financing Update 2022
4337_rns_2022-04-27_16312d80-d6cb-47c1-ae77-6bb3740b5737.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 20204-30-2022 |
Data/Ora Ricezione 27 Aprile 2022 15:14:43 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | PLANETEL | |
| Identificativo Informazione Regolamentata |
: | 161011 | |
| Nome utilizzatore | : | PLANETELN03 - Michele Pagani | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 27 Aprile 2022 15:14:43 | |
| Data/Ora Inizio Diffusione presunta |
: | 27 Aprile 2022 15:14:44 | |
| Oggetto | : | S.p.A COMPLETED | 3.5 MILLION EURO MINIBOND ISSUE ENTIRELY SUBSCRIBED BY UNICREDIT |
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
3.5 MILLION EURO MINIBOND ISSUE ENTIRELY SUBSCRIBED BY UNICREDIT S.p.A COMPLETED
THE SUSTAINABILITY LINKED-BOND IS ISSUED TO SUPPORT THE GROUP'S INVESTMENT PLAN AND IMPROVE ITS SUSTAINABILITY RATING
Treviolo (Bergamo), 27 April 2022 – Planetel S.p.A., (the "Company" or "Planetel") parent company of the group of the same name operating nationwide in the Telecommunications sector (the "Group"), listed on Euronext Growth Milan, a multilateral trading system organised and run by Borsa Italiana S.p.A., announces that a Euro 3,500,000.00 minibond issue in favour of UniCredit S.p.A., entitled "Euro 3,500,000.00 - Variable Interest Rate expiring in 2027", the terms and conditions of which were published in the press release dated 11 April 2022, was completed today.
The Sustainability Linked-Bond, with duration of five years (2022-2027) and for a total amount of Euro 3,500,000.00, has been entirely subscribed by UniCredit S.p.A. and is intended to support the Company's ambitious growth and investment plans, as well as increasing the Group's sustainability rating.
A strong focus on social responsibility and sustainability have always been distinguishing features of both UniCredit and the Planetel Group, which has adopted an impressive programme for corporate sustainability and implementation of ESG factors, an integral part of its policy and necessary to contribute to environmentally compatible economic and social development.
The MiniBond issued by the Company is typical of the sustainable finance instruments offered by UniCredit, which has subscribed the entirety of the Sustainability-Linked Bond. The funding operation provides additional benefits in terms of improvement of the company's sustainability - ESG rating (issued by international agency EcoVadis).
"We are delighted to be assisted by UniCredit in this operation," declares Bruno Pianetti, Chair and CEO of Planetel, "which marks a major milestone in our Company's development, and to be supported by such a prestigious institution that is very familiar with our story and shares our approach to sustainability by funding the development and growth of businesses like Planetel. Nowadays, an integrated strategy that embraces production factors and ESG factors is essential for a modern business model. We have to change our viewpoint and adopt a holistic approach. In Planetel's opinion, a company's industrial strategy must also pinpoint the main sustainable production challenges, starting from the key social, economic and environmental trends in the long term."
"We support our Region's innovative businesses by offering them alternative forms for funding their investments, such as minibonds, a segment where Unicredit is Italian leader," states Marco Bortoletti, UniCredit Regional Manager for Lombardy. We are very proud to have structured a Sustainability-Linked Bond, correlated to ESG objectives, with a prestige counterparty like Planetel, because we believe that building a sustainable future is an opportunity to be grasped and a crucial challenge to be overcome to ensure businesses' longevity and prosperity."
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This press release is available from Borsa Italiana S.p.A., from the company's registered office and in the Investitori/Investor Relations/Price Sensitive Press Releases section of the website www.planetel.it. For its compulsory reporting, Planetel uses the eMarket SDIR circuit managed by Spafid Connect S.p.A., with registered office at Foro Buonaparte 10, Milan.
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For further information:
PLANETEL S.p.A. Euronext Growth Advisor Michele Pagani Alantra Capital Markets CFO ed Investor Relations Manager Milano, Via Borgonuovo 16 +39 035204094 +39 3343903007 [email protected] [email protected]
Investor Relations Media Relations POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI - Silvia MARONGIU Paolo SANTAGOSTINO 06.69923324-066797849 +393493856585 [email protected] [email protected]
Specialist Media Relations UniCredit MIT SIM S.p.A. Salvatore de Cristofaro 02.30561270 +39 338 7271003 [email protected] [email protected]
Holding company of the group of the same name that offers telecommunication services at national level, Planetel S.p.A. has developed a proprietary fibre optic network for the ultra-broadband connectivity of about 161 municipalities and provides TLC/IT services to over 39,600 customers in Lombardy, Veneto and Campania, through a multi-channel approach. Among the first Italian Internet Service Providers (ISP and WISP) to gradually develop its position in the telecommunication and system integration market, the company has been able to stand out on the territory as a single player offering integrated digital solutions, ASP / Cloud services and other IT solutions. Planetel, formerly a national phone operator, can now provide Business, Wholesale and Residential customers with fibre optic network connections, with the most advanced ultra-broadband connectivity and integrated communication solutions with FTTH-FTTP (Fibre to the Home – Fibre to the Premises) network architectures; its offer covers the entire value chain of ICT services that allows companies to accelerate their digitization process and time-to-market. Planetel's primary assets include a fibre optic network of approximately 1,880 Km. – CLOUD infrastructure in 3 Datacentres – 120 Planetel Points in 69 Municipalities – 1,010 Cabinets on the ground, etc.
Planetel's main goal is the strategic development of a high-speed proprietary backbone – up to 1.4Tb/s – which will allow more stable, faster and more secure connections with a guarantee of greater continuity of service for its customers.
Ticker: PLT - ISIN Code of ordinary shares: IT0005430951
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UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Our purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of our clients and our people across Europe.
We serve over 15 million customers worldwide. They are at the heart of what we do in all our markets. UniCredit is organized in four core regions and two product factories, Corporate and Individual Solutions. This allows us to be close to our clients and use the scale of the entire Group for developing and offering the best products across all our markets.
Digitalisation and our commitment to ESG principles are key enablers for our service. They help us deliver excellence to our stakeholders and creating a sustainable future for our clients, our communities and our people.
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