THIS
IS
AN
ANNOUNCEMENT
FALLING
UNDER
RULE
2.4
OF
THE
CITY
CODE
ON
TAKEOVERS
AND
MERGERS
(THE
“CODE”)
AND
DOES
NOT
CONSTITUTE
AN
ANNOUNCEMENT
OF
A
FIRM
INTENTION
TO
MAKE
AN
OFFER
UNDER
RULE
2.7
OF
THE
CODE.
THERE
CAN
BE
NO
CERTAINTY
THAT
ANY
FIRM
OFFER
WILL
BE
MADE.
Statement
regarding
Redcentric
plc
(“Redcentric”)
Milan,
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,
notes
the
announcement
by
Redcentric
of
24
May
2024.
In
the
ordinary
course
of
its
activities
WIIT
regularly
evaluates
strategic
external
growth
opportunities
and
maintains
dialogue
with
various
operators
in
the
industry
for
this
purpose,
with
the
primary
objective
of
developing
the
WIIT
Group.
In
this
context,
WIIT
confirms
that
it
has
held
preliminary
and
non-binding
discussions
with
Redcentric,
aimed
at
assessing
WIIT’s
possible
interest
in
making
an
offer
for
the
entire
issued,
and
to
be
issued,
share
capital
of
Redcentric.
Such
discussions
are
at
a
preliminary
and
early
stage
and
there
can
be
no
certainty
that
any
firm
offer
for
Redcentric
will
be
made;
if
a
firm
offer
were
to
be
made,
it
would
likely
be
in
cash.
In
accordance
with
Rule
2.6(a)
of
the
City
Code
On
Takeovers
And
Mergers
(“Takeover
Code”
or
“Code”),
WIIT
is
required,
by
no
later
than
5.00
p.m.
(London
time)
on
21
June
2024,
to
either
announce
a
firm
intention
to
make
an
offer
for
Redcentric
in
accordance
with
Rule
2.7
of
the
Takeover
Codeor
announce
that
it
does
not
intend
to
make
such
an
offer,
in
which
case
the
announcement
will
be
treated
as
a
statement
to
which
Rule
2.8
of
the
Takeover
Code
applies.
This
deadline
can
be
extended
with
the
consent
of
the
Panel
on
Takeovers
and
Mergers
in
accordance
with
Rule
2.6(c)
of
the
Takeover
Code.
A
further
announcement
will
be
made
as
necessary
or
appropriate.
*
*
*
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.
Disclosure
requirements
of
the
Code
Under
Rule
8.3(a)
of
the
Code,
any
person
who
is
interested
in
1%
or
more
of
any
class
of
relevant
securities
of
an
offeree
company
or
of
any
securities
exchange
offeror
(being
any
offeror
other
than
an
offeror
in
respect
of
which
it
has
been
announced
that
its
offer
is,
or
is
likely
to
be,
solely
in
cash)
must
make
an
Opening
Position
Disclosure
following
the
commencement
of
the
offer
period
and,
if
later,
following
the
announcement
in
which
any
securities
exchange
offeror
is
first
identified.
An
Opening
Position
Disclosure
must
contain
details
of
the
person’s
interests
and
short
positions
in,
and
rights
to
subscribe
for,
any
relevant
securities
of
each
of
(i)
the
offeree
company
and
(ii)
any
securities
exchange
offeror(s).
An
Opening
Position
Disclosure
by
a
person
to
whom
Rule
8.3(a)
applies
must
be
made
by
no
later
than
3.30
pm
(London
time)
on
the
10th
business
day
following
the
commencement
of
the
offer
period
and,
if
appropriate,
by
no
later
than
3.30
pm
(London
time)
on
the
10th
business
day
following
the
announcement
in
which
any
securities
exchange
offeror
is
first
identified.
Relevant
persons
who
deal
in
the
relevant
securities
of
the
offeree
company
or
of
a
securities
exchange
offeror
prior
to
the
deadline
for
making
an
Opening
Position
Disclosure
must
instead
make
a
Dealing
Disclosure.
Under
Rule
8.3(b)
of
the
Code,
any
person
who
is,
or
becomes,
interested
in
1%
or
more
of
any
class
of
relevant
securities
of
the
offeree
company
or
of
any
securities
exchange
offeror
must
make
a
Dealing
Disclosure
if
the
person
deals
in
any
relevant
securities
of
the
offeree
company
or
of
any
securities
exchange
offeror.
A
Dealing
Disclosure
must
contain
details
of
the
dealing
concerned
and
of
the
person’s
interests
and
short
positions
in,
and
rights
to
subscribe
for,
any
relevant
securities
of
each
of
(i)
the
offeree
company
and
(ii)
any
securities
exchange
offeror,
save
to
the
extent
that
these
details
have
previously
been
disclosed
under
Rule
8.
A
Dealing
Disclosure
by
a
person
to
whom
Rule
8.3(b)
applies
must
be
made
by
no
later
than
3.30
pm
(London
time)
on
the
business
day
following
the
date
of
the
relevant
dealing.
If
two
or
more
persons
act
together
pursuant
to
an
agreement
or
understanding,
whether
formal
or
informal,
to
acquire
or
control
an
interest
in
relevant
securities
of
an
offeree
company
or
a
securities
exchange
offeror,
they
will
be
deemed
to
be
a
single
person
for
the
purpose
of
Rule
8.3.
Opening
Position
Disclosures
must
also
be
made
by
the
offeree
company
and
by
any
offeror
and
Dealing
Disclosures
must
also
be
made
by
the
offeree
company,
by
any
offeror
and
by
any
persons
acting
in
concert
with
any
of
them
(see
Rules
8.1,
8.2
and
8.4).
Details
of
the
offeree
and
offeror
companies
in
respect
of
whose
relevant
securities
Opening
Position
Disclosures
and
Dealing
Disclosures
must
be
made
can
be
found
in
the
Disclosure
Table
on
the
Takeover
Panel’s
website
at
www.thetakeoverpanel.org.uk,
including
details
of
the
number
of
relevant
securities
in
issue,
when
the
offer
period
commenced
and
when
any
offeror
was
first
identified.
You
should
contact
the
Panel’s
Market
Surveillance
Unit
on
+44
(0)
20
7638
0129
if
you
are
in
any
doubt
as
to
whether
you
are
required
to
make
an
Opening
Position
Disclosure
or
a
Dealing
Disclosure.
Rule
2.4
information
In
accordance
with
Rule
2.4(c)(iii)
of
the
Code,
WIIT
confirms
that
it
is
not
aware
of
any
dealings
in
Redcentric
shares
that
would
require
it
to
offer
a
minimum
level,
or
a
particular
form,
of
consideration
under
Rule
6
or
Rule
11
of
the
Code.
However,
it
has
not
been
practicable
for
WIIT
to
make
enquiries
of
all
persons
acting
in
concert
with
it
prior
to
the
date
of
this
announcement
in
order
to
confirm
whether
any
details
are
required
to
be
disclosed
under
Rule
2.4(c)(iii)
of
the
Code.
To
the
extent
that
any
such
details
are
identified
following
such
enquiries,
WIIT
will
make
an
announcement
disclosing
such
details
as
soon
as
practicable,
and
in
any
event
by
no
later
than
the
time
it
is
required
to
make
its
Opening
Position
Disclosure
under
Rule
8.1
of
the
Code.
Website
In
accordance
with
Rule
26.1
of
the
Code,
a
copy
of
this
announcement
will
be
available
(subject
to
certain
restrictions
relating
to
persons
resident
in
restricted
jurisdictions)
on
WIIT’s
website
at https://www.wiit.cloud/
by
no
later
than
12
noon
(London
time)
on
the
business
day
following
the
date
of
this
announcement.
The
content
of
that
website
is
not
incorporated
into,
and
does
not
form
part
of,
this
announcement.