Wiit S p A: Repurchase of own shares – March 2022







PRESS RELEASE

Purchases of own shares

Milano, 7and March 2022 – WIIT SpA (“WIIT“or the”Company“), one of the main Italian players in the Cloud Computing services market for companies, focused on the provision of continuous Hybrid Cloud and Hosted Private Cloud services for mission-critical applications, in execution of the resolution of the General Assembly of 05and May 2021, informs that it purchased during the period from February 28 to March July 4, 2022 N° 18,500 treasury shares at an average price of EUR 26.9994 per share, for a total value of EUR 499,487.98.

Below, based on the information provided by the intermediary in charge of making the purchases, the details of the purchase transactions of WIIT ordinary shares (ISIN IT0005440893) on the regulated market MTA are given on a daily basis:

Dated

Number of treasury shares

Average price (EUR)

Value (EUR)

February 28, 2022

March 1, 2022

March 2, 2022

March 3, 2022

March 4, 2022

18,500.00

26.9994

499,487.98

Since the start of the program, WIIT has purchased N° 18,500 ordinary shares (equivalent to 0.066% of the share capital equal to EUR 2,802,066.00), for a total value of EUR 499,487.98.

As a result of the purchases made so far, WIIT holds a total of N° 1,256,663 own shares, or approximately 4.48% of the share capital equal to 2,802,066.00 Eur.

The purchases were made in accordance with the provisions of art. 144-bis of the Consob Issuers Regulation no. 11971/99, on regulated markets in accordance with the trading methods provided for by the rules of the market, so as not to allow the direct matching of offers to buy and sell.

* * *

WIIT SpA

WIIT SpA, listed on the STAR segment of the Mercato Telematico Azionario organized and managed by Borsa Italiana SpA (WIIT.MI) is a leading Italian player in the Cloud Computing market, focusing in particular on the Hybrid Cloud and Cloud privately hosted for business. This company specializes in hosted private and hybrid cloud services for enterprises requiring management of mission-critical applications and business continuity, with all major international application platforms managed (SAP, Oracle and Microsoft) using a end to end. WIIT manages proprietary data centers, whose main “Tier IV” center is certified by the Uptime Institute LLC of Seattle (USA), the highest level of reliability achievable, while also being among the most reliable SAP partners. certified in the world. For details, please refer to the company’s website (wit.cloud).

Investor Relations WIIT SpA:

Stefano Pasotto – Chief Financial Officer and Director of Investor Relations

Francesca Cocco – Lerxi Consulting – Investor Relations

  1. +39.02.3660.7500 Fax +39.02.3660.7505 [email protected]

Media Relations:

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  1. +39.02.8901.1300
    [email protected]

Warning

WIIT SpA published this content on March 07, 2022 and is solely responsible for the information contained therein. Distributed by publicunedited and unmodified, on March 07, 2022 09:58:02 UTC.

Public now 2022

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Sales 2021 79.2 million
86.4 million
86.4 million
Net income 2021 7.48 million
8.16 million
8.16 million
Net debt 2021 140 million
153 million
153 million
PER 2021 ratio 98.3x
2021 performance 0.40%
Capitalization 688M
751 million
751 million
EV / Sales 2021 10.5x
EV / Sales 2022 7.07x
# of employees 296
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Number of analysts 4
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Average Spread / Target 46.5%


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