Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Wiit Delisting Announcement 2024

Jan 19, 2024

4197_rns_2024-01-19_9cea4b3b-cf90-4f7f-99ee-64070a76cc56.pdf

Delisting Announcement

Open in viewer

Opens in your device viewer

Informazione
Regolamentata n.
20101-7-2024
Data/Ora Inizio Diffusione
19 Gennaio 2024 14:26:39
Euronext Star Milan
Societa' : WIIT
Identificativo Informazione
Regolamentata
: 185463
Nome utilizzatore : WIITNSS01 - PASOTTO
Tipologia : REGEM
Data/Ora Ricezione : 19 Gennaio 2024 14:26:39
Data/Ora Inizio Diffusione : 19 Gennaio 2024 14:26:39
Oggetto : WIIT_PR_Loss of "SME" status due to
exceeding market cap threshold
Testo
del
comunicato

Vedi allegato

PRESS RELEASE

WIIT:

Loss of "SME" status due to exceeding market cap threshold

Milan, 19 January 2024WIIT S.p.A. ("WIIT" or the "Company"; ISIN IT0005440893; WIIT.MI), one of the leading European operators in the market of cloud computing services for enterprises, focused on the provision of continuous Hybrid and Private Cloud services for critical applications, announces, pursuant to Art. 2-ter, paragraph 2, of Consob Regulation No. 11971/1999 (the "Issuers' Regulation"), that it no longer qualifies as a "Small and Medium Enterprise" ("SME") pursuant to Article 1, paragraph 1, letter w-quater.1 ), of Legislative Decree No. 58/1998 (the "TUF") as of January 1, 2024, having exceeded the market cap threshold of Euro 500.0 million for three consecutive years (2021, 2022 and 2023).

It should be noted that, as a result of the loss of SME status, the first threshold for the purposes of the disclosure obligations of significant shareholdings is set at 3% of the capital, in accordance with the provisions of Article 120, paragraph 2, of the TUF (to be understood as referring, in the case of companies that provide for voting majority as WIIT, to the total number of voting rights).

Therefore, shareholders who, as of the date of this press release, hold stakes of more than 3 percent and less than 5 percent of WIIT's capital (to be understood as stated above) shall notify Consob and the Company in accordance with and within the terms set forth in Articles 117, paragraph 2-bis, and 121, paragraph 3-bis, of the Issuers' Regulations.

***

WIIT S.p.A.

WIIT S.p.A., a company listed on the Euronext Star Milan ("STAR") segment, is a leader in the cloud computing market. The company has a pan-European footprint and is present in key markets such as Italy and Germany, positioning itself among the main operators in the provision of innovative Hosted Private and Hybrid Cloud technological solutions. WIIT operates its own data centers in 6 regions - 4 in Germany and 2 in Italy - of which 2 are Premium Zone-enabled, i.e. with Tier IV data centers certified by the Uptime Institute and with the highest levels of security in the design phase. WIIT has 6 SAP certifications at the highest level of specialisation. The endto-end approach allows the company to provide partner companies with personalised services, with high added value and with the highest safety and quality standards for the management of critical applications and operational continuity, guaranteeing maximum reliability in the implementation of the main international application platforms (SAP, Oracle and Microsoft). Since 2022, the WIIT Group has joined the United Nations Global Compact. (www.wiit.cloud)

For further information:

Investor Relations for WIIT S.p.A:

Stefano Pasotto – CFO & Investor Relations Director Francesca Cocco – Lerxi Consulting – Investor Relations Tel. +39.02.3660.7500 Fax +39.02.3660.7505 [email protected] www.wiit.cloud

Media relations:

Image Building Rafaella Casula Tel. +39 348 3067877 Simona Porcino Tel. +39 02 89011300 [email protected]

Fine Comunicato n.20101-7 Numero di Pagine: 4
--------------------------- ---------------------