ROMA (ITALPRESS) – Poste Italiane S.p.A. announces that it has assumed on 22 March 2026 the decision to promote a public offer of purchase and exchange of totalitarian voluntary pursuant to and for the effects of Articles 102 and 106, paragraph 4, of the TUF, to object the totality of ordinary shares of Telecom Italia S.p.A. admitted to trading on Euronext Milan, regulated market organized and managed by Borsa Italiana S.p.A., including the own shares held by the Issuer and the shares of TIM that could possibly be issued – by the end of the period of membership to the Offer – within the framework of compensation plans based on financial instruments. For the purpose of determining the maximum number of ordinary shares object of the Offer, for prudential purposes, taking into account that at the date of this Communication is underway the conversion of TIM’s savings shares into ordinary shares of TIM of new issue in the conversion ratio 1:1, deliberated by the extraordinary assembly of the Issuer on 28 January 2026, the Offeror also considered, in addition to the 15,379,466. Therefore, the Offeror will have a maximum of 17.063.618.293 ordinary shares of the Issuer, equal to 21.357.258.195 ordinary shares of the Issuer representing 100% of the share capital and ordinary shares of the Issuer (including the own shares held by the Issuer himself) post-Conversion, deducted the n. 4.293.639.902 ordinary shares of the Issuer
For each Action Subject of the Offer brought to the Offer, Poste will offer a total unitary consideration represented by the following components: a cash component of Euro 0.167 and a stock component of 0.0218 ordinary shares of the New Issuer.
Therefore, for every 5,000 Actions Subject of the Offer brought into adherence to the Offer will be paid 109 ordinary shares of the Offeror of new issue and Euro 835,00.
photos: IPA Agency
(ITALPRESS).
