Press Release
THE RELEASE, PUBLICATION OR DISTRIBUTION OF THIS COMMUNICATION IS NOT PERMITTED IN ANY COUNTRY WHERE SUCH COMMUNICATION WOULD VIOLATE THE RELEVANT APPLICABLE REGULATION
INTRED: CONCLUSION OF THE ACCEPTANCE PERIOD AND PRELIMINARY RESULTS OF THE VOLUNTARY PARTIAL TENDER OFFER ON OWN SHARES
Brescia, July 10, 2026 – Intred S.p.A. (the “Company” or “Intred”) announces the preliminary results of the voluntary partial tender offer (the “Offer”) launched by the Company on June 17, 2026, the acceptance period for which began on June 22, 2026, and concluded today, concerning a maximum of 320,000 Company Shares, representing 2.0% of the share capital.
Terms used with a capital initial letter in this press release, unless otherwise defined, shall have the same meaning attributed to them in the offer document published by the Company (the “Offer Document”).
Based on the preliminary results of the Offer communicated by the Intermediary Appointed for Coordination and Collection of Acceptances, SPAFID S.p.A., 1,632,138 Shares have been tendered, equal to 510.0431% of the maximum number of shares subject to the Offer.
As indicated in the Offer Document, the Offer provides for the application, in the event of exceeding the maximum quantity of 320,000 Shares Subject to the Offer, of the Pro-rata Allocation method, whereby the Company will purchase from all Tendering Shareholders the same proportion of Shares tendered by them to the Offer (rounded down to the nearest whole number of Shares).
Taking into account the preliminary results of the Offer, the preliminary Allocation Ratio is approximately 19.6%. Excess Shares resulting from the Allocation will be made available to the Tendering Shareholders on July 16, 2026 (the first Trading Day following the publication of the press release concerning the final results of the Offer, which is expected to be published on July 15, 2026).
It is reminded that the Offer is not subject to any condition, including the achievement of any minimum number of Acceptances.
The cash consideration for each Share Subject to the Offer tendered to the Offer, equal to Euro 10.10, will be paid to the Tendering Shareholders, against the simultaneous transfer of ownership of the Shares tendered to the Offer in favor of the Offeror, on Friday, July 17, 2026, corresponding to the fifth Trading Day following the closing of the Acceptance Period.
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For further information, please refer to the press release concerning the Offer dated June 17, 2026, the Offer Document, and the Acceptance Form available on the Company's website at www.intred.it (Section “Investors / Partial Offer on Own Shares”).
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This communication does not constitute, nor does it intend to constitute, an offer, an invitation, or a solicitation to buy or otherwise acquire, subscribe, sell, or otherwise dispose of financial instruments, and no sale, issuance, or transfer of Intred's financial instruments will be made in any country in violation of the applicable regulations therein.
The Offer will be made through the publication of the relevant offer document. The offer document will contain a full description of the terms and conditions of the Offer, including the acceptance procedures. The publication or distribution of this communication in countries other than Italy (with particular reference, among others, to the United States of America, Canada, Japan, and Australia) may be subject to restrictions based on applicable law, and therefore, any person subject to the laws of any country other than Italy is required to independently obtain information on any restrictions provided by applicable laws and regulations and ensure compliance therewith. Any failure to comply with such restrictions may constitute a violation of the applicable regulations of the relevant country. To the maximum extent permitted by applicable regulations, persons involved in the Offer shall be deemed exempt from any liability or adverse consequences that may arise from the violation of the aforementioned restrictions by the aforementioned interested parties. This communication has been prepared in accordance with Italian regulations, and the information disclosed herein may differ from that which would have been disclosed had the communication been prepared in accordance with the regulations of countries other than Italy.
No copy of this communication or any other document relating to the Offer will be, nor may it be, mailed or otherwise transmitted or distributed in or from any country where the provisions of local law may give rise to civil, criminal, or regulatory risks if information concerning the Offer is transmitted or made available to Intred shareholders in such country or in other countries where such conduct would constitute a violation of the laws of such country, and any person receiving such documents (including as a custodian, fiduciary, or trustee) is required not to mail or otherwise transmit or distribute them to or from such country.
*** This press release is available online at www.1info.it and on the Issuer's website www.intred.it (Investors / Partial Offer on Own Shares section).
Intred
A leading telecommunications operator in Lombardy, founded in 1996 by Daniele Peli, current Chairman and CEO of the company, listed since 2018 on the EGM market (formerly AIM Italia) of Borsa Italiana (ticker: ITD.MI). With a fiber optic network of over 15,000 kilometers, Intred provides Professional, Public Administration, and Residential customers with broadband and ultra-broadband connectivity, fixed wireless access, fixed telephony, cloud services, and related accessory services. Direct management of infrastructure ensures efficiency, profitability, service quality, and a guaranteed, extremely high level of support. Its valuable assets, a consolidated and highly scalable business model, with over Euro 14.2 million in revenue as of March 31, 2026, make Intred the ideal infrastructural technology partner, with a complete offering of quality, reliable, and secure solutions. www.intred.it
Euronext Growth Advisor Investor Relation Advisor Banca Profilo S.p.A. CDR Communication +39 02 584081 Vincenza Colucci intred@bancaprofilo.it Tel. +39 335 6909547
vincenza.colucci@cdr-communciation.it
Specialist Marta Alocci Intermonte SIM S.p.A. Tel. +39 327 7049526 +39 02 77115200 marta.alocci@cdr-communication.it Galleria de Cristoforis 7/8, 20122, Milan
Investor Relation Intred
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CFO & Investor Relations Officer
Filippo Leone
Tel. +39 391 4143050
ir@intred.it
Media Relation
CDR Communication
Kety Franco
Tel. +39 393 1976142