GO Internet: Takeover bid successfully closed, delisting on August 5

GO Internet Takeover bid successfully closed delisting on August 5

(Telestock) – GO Internet announces the final results of themandatory total public purchase offer promoted by BID-GO, company wholly owned and indirectly controlled by Tessellis on their actions.

Based on the final results communicated by Banca Akros SpA – Gruppo Banco BPM, as Intermediary Responsible for Coordinating the Collection of Adhesions, during the Reopening period of the Terms from July 22, 2024 to July 26, 2024, have been brought in adhesion to the Offer 144,447 Shares, equal to 2.691% of the capital share capital of the Issuer (equal to 2.664% of the share capital of the Issuer on a “fully diluted” basis following the possible exercise of all the Warrants) and equal to 11.798% of the outstanding Shares subject to the Offerfor a total value equal to Euro 117,002.07.

The provisional results are therefore confirmed. of the Offer communicated on 26 July 2024. It should be noted that neither the Offeror, nor OpNet, Tessellis and Tiscali Italia, in their capacity as Persons Acting in Concert with the Offeror, have purchased on the market Shares of the Issuer during the Reopening of the Acceptance Period. Therefore, the Offeror, together with the Persons Acting in Concert, will come to hold overall 5,219,823 Shares equal to 97.231% of the share capital of the Issuer.

The payment of the Consideration for each Share of the Issuer tendered in the Offer during the Reopening of the Terms (equal to Euro 0.81 for each Share) will take place on 2 August 2024.

Finally, the Offeror reminds that the Offer is aimed at delisting of GO Internet Actions. , which will take place from the trading day
opened after the Payment Date of the consideration and therefore August 5, 2024.

(Photo: Fabio Lanari)

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