Tessellis

Capital/Financing Update • Feb 1, 2017

Informazione Regolamentata n. 0260-4-2017		Data/Ora Ricezione 01 Febbraio 2017 19:02:03	MTA
Societa'	:	TISCALI
Identificativo Informazione Regolamentata	:	84658
Nome utilizzatore	:	TISCALIN02 - Robustelli
Tipologia	:	IROS 06
Data/Ora Ricezione	:	01 Febbraio 2017 19:02:03
Data/Ora Inizio Diffusione presunta	:	01 Febbraio 2017 19:17:03
Oggetto	:	2016-2020": END OF SUBSCRIPTION PERIOD	CONVERTIBLE BONDS "TISCALI CONV
Testo del comunicato

Vedi allegato.

CONVERTIBLE BONDS "TISCALI CONV 2016-2020": END OF SUBSCRIPTION PERIOD

Cagliari, February 1 – Tiscali announces that on January 31 2017 ended the period for the subscription of the Convertible Bond "Tiscali conv 2016-2020" reserved to qualified investors and approved, up to Euro 18,5 m, by the extraordinary meeting of the company on September 5 2016.

As already communicated to the market, the convertible Bond "Tiscali conv 2016- 2020" has been signed by Rigensis Bank AS and Otkritie Capital International Limited, for a total amount of Euro 17 m, while the Company has not received Subscription requests for the remaining 1.5 million euros.

The above convertible bond will expire on September 30 2020, and foresees a 7% coupon rate and a fixed price set at EUR 0.06 per share for the conversion of the bond into ordinary shares of the Company.

Press Office Giacomo Robustelli ir@tiscali.it 1