Planetel — Proxy Solicitation & Information Statement 2022

Mar 14, 2022

Informazione Regolamentata n. 20204-14-2022		Data/Ora Ricezione 14 Marzo 2022 18:01:23	Euronext Growth Milan
Societa'	:	PLANETEL
Identificativo Informazione Regolamentata	:	158458
Nome utilizzatore	:	PLANETELN03 - Michele Pagani
Tipologia	:	REGEM
Data/Ora Ricezione	:	14 Marzo 2022 18:01:23
Data/Ora Inizio Diffusione presunta	:	14 Marzo 2022 18:01:24
Oggetto	:	PLANETEL'S BOARD OF DIRECTORS SUMMONS EXTRAORDINARY MEETING
Testo del comunicato

Vedi allegato.

COMUNICATO STAMPA

PLANETEL'S BOARD OF DIRECTORS HAS DECIDED FOR:

• 1. the approval of the proposal to be made to the assembly, to attribute to the Board of Directors, in accordance to Article 2443 of the Italian civil code, a mandate to increase the company assets up to the total amount of Euro 8.000.000 (eight million), inclusive of the possible additional charge, in one or more issues and in separate instalments, in payment, also with the exclusion of the right of pre-emption pursuant to and in accordance with Article 2441, paragraphs 4, 5 and/or 8 of the Italian civil code, and/or free of charge, at the service of one or more incentive schemes, pursuant to and in accordance with Article 2349 of the Italian civil code; and
• 2. the approval of the proposal to be made to the assembly, to change the current company's statute text, following the AIM Italia market's renaming to Euronext Growth Milan as specified in Borsa Italiana S.p.A.'s Announcement n. 31776.

Treviolo (BG) 14 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 ("EGM"), multilateral trading system organised and run by Borsa Italiana S.p.A., has announced today the Company's Board of Directors' decision to submit to the Assembly's approval in an extraordinary session, a mandate proposal, pursuant to and in accordance with Article 2443 of the Italian civil code, to increase the Company's assets up to the total amount of Euro 8.000.000 (eight million), inclusive of the possible additional charge, to be carried out in one or more issues and in separate instalments, within five years from the decision's date, through common share's issues without nominal value, under the dematerialisation regime, with the same features as the ones already issued and regular dividend rights, in payment, also with the exclusion of the right of pre-emption pursuant to and in accordance with Article 2441 paragraphs 4, 5 and/or 8 of the Italian civil code, and/or, free of charge, at the service of one or more incentive schemes, pursuant to and in accordance with Article 2349 of the Italian civil code (the "Mandate").

The Mandate, when the proposal is approved by the extraordinary shareholders' meeting, can be carried out by the Board of Directors within a five-year period from the date of the shareholder's resolution of the Mandate awarding.

The Board of Directors has also decided to submit to the extraordinary shareholders' meeting, the proposal to change the current company's statute text, following the AIM Italia market's renaming to Euronext Growth Milan as specified in Borsa Italiana S.p.A.'s Announcement n. 31776, published on 27 September 2021, concerning the "rebranding" activities of the markets, organised and managed by the same, following the acquisition operations of the Borsa Italiana group, recently fulfilled by Euronext N.V.

The Board of Directors has decided to summon the Shareholders' extraordinary meeting of Planetel S.p.A.

on 31 March 2022 at 15:30 hrs on first call, and, where necessary, on 1 April 2022 at 15:30 hrs on second call, at Treviolo's head office, at via Boffalora n. 4.

The records pertaining the Assembly's summon and the items on the agenda will be available to the public at the company's registered office and on www.planetel.it, in accordance with the current legislation.

This press release is available at the company's registered office, in the Investor Relation section on www.planetel.it, on Borsa Italiana and at the storage mechanism , run by Spafid Connect.

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 150 municipalities and provides TLC/IT services to over 26,000 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 1,760 Km. – CLOUD infrastructure in 3 Datacentres – 110 Planetel Points in 63 Municipalities – 950 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

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 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