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Planetel Capital/Financing Update 2022
4337_egm_2022-03-31_222b5eb1-fe0e-4363-adb1-26fe0c3a4f73.pdf
Capital/Financing Update
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| Informazione Regolamentata n. 20204-18-2022 |
Data/Ora Ricezione 31 Marzo 2022 19:39:09 |
Euronext Growth Milan | |
|---|---|---|---|
| Societa' | : | PLANETEL | |
| Identificativo Informazione Regolamentata |
: | 159619 | |
| Nome utilizzatore | : | PLANETELN03 - Michele Pagani | |
| Tipologia | : | REGEM | |
| Data/Ora Ricezione | : | 31 Marzo 2022 19:39:09 | |
| Data/Ora Inizio Diffusione presunta |
: | 31 Marzo 2022 19:39:10 | |
| Oggetto | : | THE PLANETEL GENERAL MEETING AUTHORISES THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
THE PLANETEL GENERAL MEETING AUTHORISES THE BOARD OF DIRECTORS TO INCREASE THE SHARE CAPITAL TO UP TO 8 MILLION EUROS
Articles of association are amended further to renaming of AIM Italia market as Euronext Growth Milan
Treviolo (Bergamo), 31 March 2022 – Planetel S.p.A., (the "Company" or "Planetel"), parent company of the group of the same name operating nationwide in the telecommunications sector, listed on the Euronext Growth Milan multilateral trading system organised and run by Borsa Italiana S.p.A., has announced that its extraordinary General Meeting today resolved to authorise the Board of Directors, pursuant to art. 2443 of the Italian Civil Code, to increase the share capital up to a maximum total amount of Euros 8,000,000 (eight million), including any premium, in one or more tranches, also in separate issues, through the issue of dematerialised ordinary shares without face value and with the same characteristics as those already in circulation and regular dividend rights, against payment, also with exclusion of the option right as per paras 4, 5 and/or 8 of art. 2441, and/or free of charge under one or more employee incentive schemes, in accordance with art. 2349 of the Civil Code (the "Mandate").
The aim of the Mandate is to ensure the Board of Directors the necessary speed and flexibility in the execution of one or more share capital increases, enabling it to benefit, as they arise, from the best opportunities to bring strategic partners into the ownership structure or to undertake extraordinary operations and corporate acquisitions which require the necessary funding to be obtained rapidly and in the most flexible form, and to allow the creation of one or more employee incentive schemes.
Moreover, the Mandate, to be exercised within five years from today's date and thus by 31 March 2027, also empowers the Board of Directors to decide, in compliance with the relevant regulatory framework, amongst other things, (a) the number and unit price of issue of shares (including any premium) and (b) the deadline for underwriting them.
In addition, the General Meeting resolved to adapt the Articles of Association further to the renaming of the AIM Italia market as Euronext Growth Milan, as per Borsa Italiana S.p.A. Notice no. 31776 published on 27 September 2021.
It should also be noted that the new text of the articles of association and the minutes of today's general meeting will be published within the terms and by the procedures required by the relevant regulatory framework, in the section "Investor Relations / Shareholders' Meetings - Governance / Documents, regulations and procedures" on the company's website www.planetel.it.
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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/Comunicati Finanziari 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 and Investor Relations Manager Milan, 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
MIT SIM S.p.A. 02.30561270 [email protected]
Holding company of a group 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 35,500 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-tomarket. 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 ultrahigh-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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