Poste: Consob gives the go-ahead for the OPAS document on TIM; bid to begin on 20 July

Until 11 September

(Il Sole 24 Ore Radiocor) - Consob has approved Poste Italiane’s offer document for TIM. The acceptance period for the offer has been set at 40 trading days from 20 July 2026 to 11 September 2026, inclusive. On the fifth trading day following the close of the acceptance period – that is, unless extended, on 18 September 2026 – Poste Italiane will pay the offer consideration to TIM shareholders who have accepted the offer. Poste Italiane will pay a total consideration per share consisting of: a cash component of 1.67 euros; and a share component, represented by 0.218 newly issued ordinary shares in Poste Italiane.

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