GO p l c : Transaction with BMIT Technologies p.l.c.
April 06, 2023 at 03:54 am EDT
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COMPANY ANNOUNCEMENT
The following is a Company Announcement issued by GO p.l.c. (the "Company") pursuant to the Capital Markets Rules as issued by the Malta Financial Services Authority in accordance with the provisions of the Financial Markets Act (Chapter 345 of the Laws of Malta) as they may be amended from time to time.
Transaction with BMIT Technologies p.l.c.
Quote
The Company would like to inform the market that it is in discussions with BMIT Technologies p.l.c. (C 48299), having its registered office situated at Building SCM02, Level 2, SmartCity Malta, Ricasoli, Kalkara SCM1001, Malta, for the potential assignment and transfer of inter alia (i) certain lease rights and obligations currently enjoyed by the Company and (ii) the passive infrastructure thereon used for the hosting of telecommunications equipment (the "Transaction").
Negotiations are still ongoing and the likelihood of concluding the Transaction, which is subject to a number of different variables, is still uncertain.
The Company will keep the market updated with any significant developments.
Unquote
Dr. Francis Galea Salomone LL.D.
Company Secretary
6 April 2023
GO plc, Fra Diego Street, Marsa, MRS 1501 Malta PO Box 40, Marsa MRS 1001 t. +356 2124 6200 e. customercare@go.com.mt
Company Registration Number: C22334 VAT Number: MT 12826209
go.com.mt
LTRH - Apr 15 - 317
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GO plc published this content on 06 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2023 07:53:08 UTC.
GO p.l.c. is a Malta-based communications services company. The Company provides mobile, fixed line, internet and television (TV) services to more than 500,000 customers. It also provides unrivalled services for the Maltese business community. It operates through three segments. Malta Telecommunication Services segment comprises its fixed- line telephony services, mobile telephony services, digital television services, sale of broadband, internet services, other business communication solutions and Internet of things services provided predominantly within Malta, mainly through the Company's activities. Data Centre Services segment comprises its operations of BMIT Technologies p.l.c., which provides data center facilities and information and communications technology solutions in Malta. Cyprus Telecommunication Services segment comprises its operations of the Cypriot subsidiary, Cablenet Communications Systems plc. The Company provides broadband, cable television and telephony services.
GO P.L.C. 