GO plc – Restructuring Process

GO hereby announces that, within the framework of GO’s sales process for the shares in GO: (i) Forgendo Limited (“Forgendo”), the 50:50 joint venture company between GO and Emirates International Telecommunications (Malta) Limited (“EITML”), has transferred its entire shareholding of 1000 shares in Giradena Limited (“Giradena”) (equivalent to a 50% shareholding in Giradena) to its shareholders GO and EITML on a 50:50 basis; and (ii) GO and EITML also acquired, on a 50:50 basis, from Massar Investments LLC, the shareholder of the other 50% in Giradena, Massar’s entire shareholding of 1000 shares in Giradena (equivalent to a 50% shareholding in Giradena).

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