Tessellis

Board/Management Information • Feb 24, 2017

Informazione Regolamentata n. 0260-14-2017		Data/Ora Ricezione 24 Febbraio 2017 20:12:27	MTA
Societa'	:	TISCALI
Identificativo Informazione Regolamentata	:	85451
Nome utilizzatore	:	TISCALIN02 - Robustelli
Tipologia	:	IRCG 02
Data/Ora Ricezione	:	24 Febbraio 2017 20:12:27
Data/Ora Inizio Diffusione presunta	:	24 Febbraio 2017 20:27:28
Oggetto	:	OUTCOME OF BOARD OF DIRECTORS MEETING

Testo del comunicato

TISCALI S.P.A. ANNOUNCES THAT THE BOARD OF DIRECTORS MEETING TODAY HAS:

• AKNOWLEDGED THE RESIGNATION OF THE DIRECTORS NIKOLAY KATORZHNOV AND KONSTANTIN YANAKOV

• APPOINTED FOR CO-OPTATION NEW BOARD MEMBERS DMITRY GAVRILIN AND SERGEY SUKHANOV

• APPROVED THE INFORMATIVE DOCUMENT RELATED TO THE SALE OF BUSINESS UNIT TISCALI BUSINESS IN FAVOUR OF FASTWEB S.P.A.

TISCALI S.P.A. ANNOUNCES THAT THE BOARD OF DIRECTORS MEETING TODAY HAS:

• AKNOWLEDGED THE RESIGNATION OF THE DIRECTORS NIKOLAY KATORZHNOV AND KONSTANTIN YANAKOV
• APPOINTED FOR CO-OPTATION NEW BOARD MEMBERS DMITRY GAVRILIN AND SERGEY SUKHANOV
• APPROVED THE INFORMATIVE DOCUMENT RELATED TO THE SALE OF BUSINESS UNIT TISCALI BUSINESS IN FAVOUR OF FASTWEB S.P.A.
• Cagliari 24 February 2017 The Board of Directors, which met today, has accepted the resignation of Konstantin Yanakov (ICT Group) and Nikolay Katorzhnov (Otkritie-Capital) from the director offices. The Board of Directors and the Statutory Auditors of the Company would like to thank the outgoing directors for the work done.

Also in today's meeting, the Board of Directors co-opted, with the approval of the Statutory Auditors and of the Nomination and Compensation Committee, Dmitry Gavrilin, Managing Director of ICT Group and Sergey Sukhanov, Executive Director of Otkritie-Capital. Sergey Sukhanov became also member of the Nomination and Compensation Committee, while Dmitry Gavrilin becomes member of the Nomination and Compensation Committee, the Investment Committee and the Committee for the Corporate Finance Operations. Pursuant to Article 2386 of the Italian Civil Code, the co-opted directors will remain in office until the next Shareholders General Meeting of the Company.

The Board of Directors also approved the Informative Document related to the sale of the Unit Tiscali Business in favour of Fastweb S.p.A., drafted pursuant to art. 71, paragraph 1, of the Consob Regulation n. 11971/1999, which will be published according to law requirements.

Tiscali

Tiscali S.p.A. (Italian Stock Exchange. Milan: TIS) is one of the leading telecommunications companies in Italy and provides to its customers, residential, SoHo and SMEs, a wide range of services, in particular access to the internet with ultra-broadband Wireless Fiber To The Home (WFTTH) and fibre, in addition to Voip services, Mvno, Media and other technologically advanced products. On 30 June 2016 Tiscali had a customer base of around 680,000 units. Tiscali's corporate website can be found at www.tiscali.it

Ufficio Stampa Tiscali Giacomo Robustelli Ilenia Loi +39 340 510 22 53 +390704601799 grobustelli@tiscali.com iloi@tiscali.com