Planetel — M&A Activity 2021

Jun 30, 2021

Informazione Regolamentata n. 20204-24-2021		Data/Ora Ricezione 30 Giugno 2021 16:35:12	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	PLANETEL
Identificativo Informazione Regolamentata	:	149390
Nome utilizzatore	:	PLANETELN03 - Michele Pagani
Tipologia	:	REGEM; 3.1
Data/Ora Ricezione	:	30 Giugno 2021 16:35:12
Data/Ora Inizio Diffusione presunta	:	30 Giugno 2021 16:35:14
Oggetto	:	IT IS APPROVED THE MERGER BY INCORPORATION OF THE CONTROLLED COMPANIES SITIS AND SERVIZI INTERNET
Testo del comunicato

Vedi allegato.

PRESS RELEASE

IT IS APPROVED THE MERGER BY INCORPORATION OF THE CONTROLLED COMPANIES SITIS AND SERVIZI INTERNET

Treviolo (BG), 30 June 2021 - Planetel S.p.A. ("Planetel" or the "Company"), the parent company of the group that bears its name, operating nationwide in the telecommunications sector, listed on the AIM Italia multilateral trading system organised and run by Borsa Italiana S.p.A., announces that the Board of Directors, pursuant to article 16 of the current articles of association, approved today the merger by incorporation of its wholly-owned subsidiaries Servizi Internet S.r.l. and S.i.t.i.s. S.r.l (the "Merger").

Also today, the shareholder's meetings of the companies to be merged, Servizi Internet S.r.l. e S.i.t.i.s. S.r.l., approved the Merger in their turn.

As already fully reported in the press release of 21 June 2021, the Merger forms part of the broader corporate reorganisation of the group headed by Planetel, undertaken to simplify its structure and generate greater benefits from any operating, administrative and corporate synergies, and also to enable the achievement of economies of scale, since the companies taking part in the Merger operate synergistically on the same market.

As envisaged by law, the real effects of the Merger will come into force from the last of the registrations of the deed of Merger with the competent Register of Companies, or from any later date established in the deed of merger.

The Company recalls that the Merger project was approved by the Board of Directors and submitted to the competent Register of Companies on 21 June 2021 and it is available to the public at the company's registered office and in the in the Investitori/Investor Relations/Extraordinary Operations section of the Planetel 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 Investors/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.

For further information:

PLANETEL S.p.A. Nomad and Global Coordinator Michele Pagani Alantra Capital Markets CFO and Investor Relations Manager Milan, Via Borgonuovo 16 +39 035204094 +39 3343903007 ir@planetel.it alfio.alessi@alantra.com

Investor Relations Media Relations POLYTEMS HIR POLYTEMS HIR Bianca FERSINI MASTELLONI - Silvia MARONGIU Paolo SANTAGOSTINO 06.69923324-066797849 +393493856585 s.marongiu@polytemshir.it p.santagostino@polytemshir.it

Specialist MIT SIM S.p.A. 02.30561270 info@mitsim.it

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 99 municipalities and provides TLC/IT services to over 22,000 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 1,430 Km. – CLOUD infrastructure in 3 Datacentres – 103 Planetel Points in 99 Municipalities – over 800 Cabinets on the ground, etc.

Planetel's main objective is the strategic implementation of their own ultra high-speed backbone network - up to 1.4Tb/s – which will enable faster, safer and more stable connections, guaranteeing greater service continuity for its customers.

Ticker: PLT - ISIN Code of ordinary shares: IT0005430951