Digi Communications N.V.: 130,000 conditional class B stock options shares granted to executive directors

BUCHAREST, Romania, 22-May-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. announces that conditional stock options were granted to executive directors of the Company based on the general shareholders’ meeting approval from 18 May 2021. The Company would like to inform the market and its investors that, on 19 May 2023, a total amount of 130,000 conditional class B stock options shares was granted to executive directors of the Company, pursuant to the decision of the Company’s general meeting of shareholders dated 18 May, for the year 2023.

The further vesting of all stock option shares granted will be conditional upon several performance criteria and the passage of a minimum duration of 1 year.

More details regarding the stock options granted to the executive directors of the Company are available on the Company’s website at https://www.digi-communications.ro/en/see-file/Agenda-and-explanatory-notes-1.pdf (the Agenda and Explanatory notes published by the Company on 6 April 2021, Annex I.

In accordance with the applicable regulations, on 19 May 2023, the Company’s executive directors, as persons discharging managerial responsibilities, have notified the Company, the Romanian Financial Supervisory Authority (SFA) and Autoriteit Financiële Markten (AFM) in connection with the grant of the above-mentioned stock options and the execution between each of them and the Company of corresponding stock option agreements.

About Digi Communications N.V.

We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.

SOURCE: EuropaWire