NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION.
THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF THE CITY
CODE ON TAKEOVERS AND MERGERS (THE "CODE").
FOR IMMEDIATE RELEASE
Statement regarding Redcentric plc
("Redcentric")
Milan, 6 June 2024
- Further to the announcement made on 28 May
2024, WIIT S.p.A. ("WIIT"),
one of the leading European players in the market of Cloud
Computing services for enterprises focused on the provision of
continuous Hybrid Cloud and Hosted Private Cloud services for
critical applications,
today confirms that it does not intend to make an offer for
Redcentric.
Accordingly, WIIT (and any person acting in concert with it) is,
except in the circumstances set out below or otherwise with the
consent of the Panel on Takeovers and Mergers (the
"Panel"),
bound by the restrictions under Rule 2.8 of the City Code on
Takeovers and Mergers (the "Code").
Under Note 2 on Rule 2.8 of the Code, WIIT (and any person acting
in concert with it) reserves the right to set aside the
restrictions in Rule 2.8 in the following circumstances:
(i)
with the agreement of the board of directors of
Redcentric;
(ii)
following the announcement of a firm intention to make an offer for
Redcentric by or on behalf of a third party;
(iii)
following the announcement by Redcentric of a Rule 9 waiver
proposal (as described in Note 1 of the Notes on Dispensations from
Rule 9 of the Code) or a reverse takeover (as defined in the Code);
or
(iv)
where the Panel has determined that there has been a material
change of circumstances.
* * *
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 end-to-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 more information
Investor Relations WIIT
S.p.A.:
Stefano Pasotto - CFO &
Investor Relations Director
Francesca Cocco - Lerxi
Consulting - Investor Relations
T +39.02.3660.7500
Fax +39.02.3660.7505
ir@wiit.cloud
www.wiit.cloud
Media Relations:
Image Building
Rafaella Casula
T +39 348 3067877
Simona Porcino
T +39 340 9844532
Francesca Alberio
Tel. +39 340 0547370
wiit@imagebuilding.it
* * *
Important information
This announcement is not intended to, and does not, constitute
or form part of any offer, invitation or the solicitation of an
offer to purchase, otherwise acquire, subscribe for, sell or
otherwise dispose of, any securities whether pursuant to this
announcement or otherwise.
The distribution of this announcement in jurisdictions outside
the United Kingdom may be
restricted by law and therefore persons into whose possession this
announcement comes should inform themselves about, and observe,
such restrictions. Any failure to comply with the restrictions may
constitute a violation of the securities law of any such
jurisdictions.