Category Archives: Funds

Monesave brings social and community touch to personal finance

DUBLIN, 1-Mar-2024 — /EPR FINANCIAL NEWS/ — Monesave, a trailblazer in the social fintech space, proudly unveils its latest innovation: Anonymous Budget Benchmarking. This ground breaking feature empowers users not only to craft personalised budgets but also to compare their progress anonymously with peers, transforming the landscape of financial management.

In today’s digital age, managing finances can often feel like a solitary journey. Traditional budgeting methods, such as pen and paper or generic budgeting apps, fail to address the emotional aspect of financial management.

Recognising the loneliness inherent in traditional budgeting practices, Monesave set out to create a solution that goes beyond mere number crunching. With its empathetic Budgeting App, Monesave provides users with a supportive environment where they can connect with like-minded individuals, share their budgets, investment ideas, and receive encouragement along their financial journey.

“Budgeting shouldn’t be a solitary task,” emphasises Patrick Enin, co-founder and CEO of Monesave. “We understand the emotional toll that financial management can take, especially for those facing unique challenges. That’s why we’ve built a platform that not only helps users manage their finances but also provides a sense of belonging and community.”

Monesave’s Budgeting App reimagines the traditional budgeting experience by offering features tailored to address the emotional needs of users. Through interactive forums, support groups, and personalised guidance, Monesave creates a virtual support network where users can find solace in knowing that they’re not alone in their financial struggles.

“We want our users to feel empowered and supported every step of the way,” adds Sanjay Sikdar. “By fostering a sense of community and empathy, we’re breaking down the barriers to financial success and creating a more inclusive space for everyone.”

In addition to its social approach, Monesave’s Budgeting App offers practical tools and resources to help users achieve their financial goals. From customisable budgets to intuitive savings plans, Monesave equips users with the tools they need to take control of their finances with confidence. Imagine a budgeting community on reddit but from with the ability to actually form groups and invest directly from the Monesave App.

Moreover, Monesave’s Budgeting App encourages collaboration through its Group Savings feature, allowing users to pool resources and work towards common financial objectives. Whether it’s saving for a rainy day fund or planning for a shared expense, Monesave empowers users to achieve their goals collectively, strengthening bonds and fostering a sense of camaraderie.

“We believe in the power of collective action,” states Patrick. “By bringing people together, we can accomplish more than we ever could alone. With Monesave, users can leverage the support of their community to overcome financial challenges and build a brighter future.”

Moreover, Monesave’s Budgeting App fosters a vibrant Budgeting & Savings Community where users can share insights, tips, and strategies for effective money management. Through interactive forums and social features, members can invest in Crypto, challenge each other to save more with positive peer pressure, and get cash rewards on the app.

As part of its commitment to innovation, Monesave is exploring opportunities in Crypto Trading to provide users with additional avenues for wealth accumulation and diversification. By integrating cryptocurrency functionalities into its platform, Monesave aims to cater to the evolving needs of its tech-savvy user base while maintaining its focus on community and empathy.

For more information about Monesave and its Socialised Budgeting App, please visit [www.monesave.com]. Join the Monesave community who share a passion about Savings & Budgeting.

About Monesave:
Monesave is a pioneering company founded by two ex-bankers from minority background who are passionate about revolutionizing bringing a social and community touch to personal finance. Through its innovative Budgeting & Savings App, Monesave empowers users to take control of their finances, gain valuable insights from their peers, and get rewarded. With a focus on transparency, accountability, and community, Monesave is reshaping the future of financial management.

SOURCE: EuropaWire

Digi Communications NV 2023 Preliminary Financial Results now available on the company’s website

BUCHAREST, Romania, 28-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the 2023 Preliminary Financial Results are available on the Company’s website.

For more details, please seehttps://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/annual-reports-shares

Also today, 28 February 2024 at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss its 2023 Preliminary Financial Results.

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the Company’s CFO, Mr. Dan Ionita.

To participate in the call the stakeholders are invited to pre-register at:

https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

The deadline for pre-registration is 28 February 2024, 12:00 UK time / 14:00 EEST (Romania local time).

About Digi Communications NV

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications NV to release its unaudited 2023 preliminary financial results on 28 Feb 2024

BUCHAREST, Romania, 21-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 28 February 2024 at 14:00 UK time / 16:00 EEST (Romania local time), will host a conference call to discuss its 2023 preliminary financial results. The Company will publish the unaudited 2023 preliminary financial results on the same day, 28 February 2024 at 08:00 am EEST.

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the Company’s CFO, Mr. Dan Ionita.

To participate in the call the stakeholders are invited to pre-register at:
https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

The deadline for pre-registration is 28 February 2024, 12:00 UK time / 14:00 EEST (Romania local time).

About Digi Communications NV

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. Q3 2023 financial results now available at its website

BUCHAREST, Romania, 14-Nov-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q3 2023 financial results are available on the Company’s website at: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares

Also, today at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss its Q3 2023 Financial Results.

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the co-CFO, Mr. Dan Ionita.

To participate in the call, the stakeholders are invited to pre-register at: https://www.digi-communications.ro/en/see-file/Conf-Call-Registration_Presentation-of-the-Q3-2023-Financial-Results.pdf The deadline for pre-registration is 12:00 UK time / 14:00 EEST (Romania local time).

A recording of the conference call will be available shortly after on the Company’s website at: www.digi-communications.ro

About Digi Communications NV

We are a 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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications NV to host a conference call for its Q3 2023 Financial Results on 14 Nov 2023

BUCHAREST, Romania, 7-Nov-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 14 November 2023 at 14:00 UK time / 16:00 EEST (Romania local time), the Company will host a conference call to discuss its Q3 2023 financial results. The Company will publish its consolidated financial results as of 30.09.2023 on the same day, 14 November 2023 at 8:30 am EEST.

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the co-CFO, Mr. Dan Ionita.

To participate in the call, the stakeholders are invited to pre-register at: https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar. The deadline for pre-registration is 14 November 2023, 12:00 UK time / 14:00 EEST (Romania local time).

About Digi Communications NV

We are a 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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. publishes instructions regarding the payment of share dividend for the 2022 financial year

BUCHAREST, Romania, 23-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market about the availability of the detailed instruction regarding the payment of share dividend for the 2022 financial year, in gross amount of 1 leu per share, as approved by the Company’s Ordinary General Shareholders’ Meeting, which was held on 18 August 2023.

The payment of the dividend related to 2022 financial year will be carried out on September 14, 2023, to the Company’s class B shareholders registered on August 31, 2023 in the Register of Shareholders held by Depozitarul Central S.A. and to the class A shareholders registered at the same date in the Register of Shareholders held by the Company, ex-date being 30 August 2023.

The detailed instruction on the payment of dividend is available on the Company’s website, at the „DOCUMENTS REGARDING THE DISTRIBUTION OF DIVIDEND FOR THE YEAR 2022” section, available HERE.

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

Digi Communications N.V. publishes its 2022 Annual Report

BUCHAREST, Romania, 21-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market about the availability of the 2022 Annual Report which was approved by the Company’s Ordinary General Shareholders Meeting, which was held on 18 August 2023.

The approved 2022 Annual Report can be consulted on the Company’s website, HERE


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

The resolutions from Digi Communications N.V.’s general shareholders’ meeting held on 18 Aug 2023

BUCHAREST, Romania, 18-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform the market and its investors that today, Friday, 18 August 2023, at 2:00 PM CET, at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam Office), Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands, the Company’s general shareholders’ meeting (the GSM) took place with respect to which the Company informed its shareholders and the market through the Convocation notice released on 7 July 2023 (the Convocation Notice).

The GSM was attended by shareholders representing 74,03% of the total number of shares with voting rights, respectively 70,458,884 shares.

Following the debates, the GSM has adopted the following decisions regarding the points included on the agenda, in accordance with the Convocation Notice:

  1. The Annual Report of the Company for 2022 (item 2 from the Convocation Notice):
    c. Adoption of the 2022 Annual Accounts;
    d. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 1 RON per share, ex-date –30 August 2023 and the record date being 31 August 2023.
    It is expected that the payment date will be on or around 14 September 2023;
    e. Release from liability of the members of the Board of Directors.
    The investors and the market were informed of the 2022 financial results starting with 5 July 2023 when the 2022 annual report was published.
  2. Remuneration Report for 2022
    The general meeting approved by an advisory, non-binding vote the Remuneration Report for 2022 made public on the Company’s website. The Remuneration Report for 2022 is construed according to the provisions of EU Directive 828/2017 as implemented in The Netherlands.
  3. Appointment of Statutory Auditor for the 2023 financial year
    The general meeting approved the appointment of KPMG Accountants N.V. as the statutory auditor of the Company for the financial year ending 31 December 2023.
  4. Designation of the Board of Directors as the competent body to repurchase own Class B Shares
    The general meeting approved the designation of the Board of Directors as the competent body to repurchase own class B shares. In accordance with article 10 of the articles of association, the general meeting granted the Board of Directors the authority to acquire class B shares in the share capital of the Company through purchases effected on the stock exchange via trading on the regular market on which the class B shares are listed and/or through other means (including public tender offers), for a period of 18 months from the date of this general meeting, i.e. up to and including 17 February 2025, in compliance with the applicable law, subject to the following conditions:
    • the authority of the Board of Directors shall be limited to a maximum of 3,000,000 class B shares;
    • transactions effected on the stock exchange via trading on the regular market on which the class B shares are listed will be subject to a maximum price per class B share equal to the average of the highest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of the Bucharest Stock Exchange plus 10% (maximum price) and to a minimum price per class B share equal to the average of the lowest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of Bucharest Stock Exchange minus 10% (minimum price);
    • transactions effected through other means (including public tender offers) will be subject to a maximum price per class B share of RON 40 (maximum price) and a minimum price of no less than RON 35 (minimum price).

Any buy-back of shares will be conducted by way of a share buy-back program in line with applicable EU rules. The launch of such program and the determination of its terms and conditions is subject to a decision of the Board of Directors. The Board of Directors intends to appoint an independent specialized trading / brokerage firm to execute any such buyback. Further, any buy-back program may be suspended, discontinued or modified at any time for any reason and without previous notice in the Company’s sole discretion in accordance with applicable laws and regulations. Neither the authorization requested, nor the subsequent launch of any share buy-back program obligates the Company to buy-back any class B shares.

The voting results of the GSM, as well as other relevant information on the GSM and the related documents are available on the Company’s website at the section dedicated to the 2023 GSM: https://www.digi-communications.ro/en/corporate/general-share-holders/digi-communications-n-v-gsm-2023

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

Digi Communications NV releases its H1 2023 Financial Results

BUCHAREST, Romania, 15-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the H1 2023 Financial Results are available on the Company’s website: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/half-year-reports-shares

Also, today at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss its H1 2023 Financial Results.

The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the co-CFO, Mr. Dan Ionita.

To participate in the call, the stakeholders are invited to pre-register at: https://www.digi-communications.ro/en/see-file/Conf-Call-Registration_Presentation-of-the-H1-2023-Financial-Results.pdf  The deadline for pre-registration is 12:00 UK time/ 14:00 EEST.

A recording of the conference call will be available shortly after on the Company’s website: www.digi-communications.ro

About Digi Communications NV

We are a 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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. will hold its general shareholders meeting on 18 August 2023 in Amsterdam, The Netherlands 

BUCHAREST, Romania, 7-Jul-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 7 July 2023, the Board of Directors of the Company convenes the general shareholders meeting (the “GSM”) of the Company (Digi Communications N.V.), to be held on Friday18 August 2023 at 2.00 p.m. CET, at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam office), Strawinskylaan 10, 1077 XZ Amsterdam, The Netherlands.

The main topics for the GSM are the following:

  • discussion and approval items on the 2022 Annual Report (including the annual report, the statutory financial statements – consolidated and stand-alone – and the auditor report);
  • approval of distribution of a gross dividend of 1 RON per share; ex-date – 30 August 2023, the record date for the dividend – 31 August 2023, and the payment date starting with 14 September 2023;
  • release from liability of the members of the Board of Directors;
  • remuneration report for 2022 (advisory, non-binding vote);
  • appointment of the statutory auditor for the for the financial year ending December 31, 2023;
  • designation of the Board of Directors as the competent body to repurchase own Class B Shares.

We kindly invite the market to visit the Company’s website at http://www.digi-communications.ro/en/general-share-holders (for English readers) and at http://www.digi-communications.ro/ro/aga (for Romanian readers) to review the documentation package for the GSM. The above-mentioned sections from the Company’s website also contain the English and Romanian complete versions of the 2022 Annual Report, the 2022 Consolidated and Stand-alone Statutory Financial Statements of the Company, as well as the Independent Auditor’s Report. The document named ‘Agenda and explanatory notes’ contains detailed descriptions regarding the items for the GSM. Any shareholder interested in attending or voting at the GSM needs to follow the procedures set out in the articles of association of the Company (available at http://www.digi-communications.ro/en/corporate-governance) and on the ‘Convocation Notice’ available at http://www.digi-communications.ro/en/general-share-holders).


ANNUAL GENERAL MEETING OF DIGI COMMUNICATIONS N.V. (THE COMPANY) TO BE HELD ON FRIDAY, 18 AUGUST 2023, AT 2:00 PM CET AT THE OFFICES OF FRESHFIELDS BRUCKHAUS DERINGER LLP (AMSTERDAM OFFICE), STRAWINSKYLAAN 10, 1077 XZ AMSTERDAM, THE NETHERLANDS

AGENDA

  1. Opening
  2. Annual Report 2022 a. Board report 2022 (discussion item) b Dividend and Reservations Policy (discussion item) c. Adoption of the 2022 Annual Accounts (voting item) d. Distribution of dividend (voting item) e. Release from liability of the members of Board of Directors (voting item)
  3. Remuneration Report for 2022 Remuneration Report for 2022 (advisory, non-binding vote)
  4. Appointment of Statutory Auditor Proposal to appoint KPMG N.V. as the statutory auditor of the Company for the financial year 2023 (voting item)
  5. Designation of the Board of Directors as the competent body to repurchase own class B Shares (voting item) Designation of the Board of Directors as the competent body to repurchase Class B Shares (voting item)
  6. Close of Meeting Agenda

The agenda for the AGM and the explanatory notes thereto together with the Annual Report 2022 are available on the website of the Company (www.digi-communications.ro) from 7 July 2023 onwards and are, with effect from the same date, available for inspection and obtainable free of charge at the premises of the Company (tel. +40314006505 and address: 75 Dr. N. Staicovici Street, fourth floor, Bucharest, Romania).

Record Date

Shareholders (which for the purposes of this notice includes holders of rights of usufruct and pledgees with voting rights) are entitled to attend and vote at the AGM (either in person or by proxy) if they (i) are registered in one of the (sub)registers as described below on the 28th day prior to the AGM and therefore on 21 July 2023 (the Record Date) after all debit and credit entries have been handled and (ii) in addition have notified the Company of their intended attendance at the AGM in the manner mentioned below. The designated (sub)registers are the administration records of the Romanian Central Depository (Depozitarul Central S.A.), and the shareholders’ register of the Company.

Notification of Attendance

Class A shares: holders of registered class A shares (which for the purposes of this notice includes holders of rights of usufruct and pledgees with voting rights in respect of these shares) who wish to attend the AGM (either in person or by proxy) must notify the Company of their intended attendance, which notice, accompanied where applicable by written power of attorney (see below), must have been received by Mrs. Eliza Popa, the Company’s secretary (address: 75 Dr. N. Staicovici Street, fourth floor, Bucharest, Romania and e-mail digi.gsm@digi-communications.ro) no later than by Friday, 11 August 2023, at 4.00 pm CET. Duly registered shareholders will receive a receipt confirmation supplied by the Company which together with a valid identification document will also serve as admission ticket for the AGM.

Class B shares: holders of class B shares (which for the purpose of this notice includes holders of rights of usufruct and pledgees with voting rights in respect of these shares) who wish to attend the AGM (either in person or by proxy) must notify the Company by registering via the E-vote by ING (https://evote.ingwb.com) no later than by Friday, 11 August 2023, at 4.00 pm CET. Duly registered shareholders will receive a receipt confirmation supplied by ING Bank N.V. which together with a valid identification document will also serve as admission ticket for the AGM.

Representation by Proxy Class A shareholders: holders of registered class A shares (which for the purpose of this notice includes holders of rights of usufruct and pledgees with voting rights in respect of those shares) who will not participate in person to the meeting or be represented by their own legal representative may grant a proxy, on behalf of the relevant class A shareholder, to attend the AGM, to sign the attendance list, to speak and to cast a vote at that meeting on the voting items on the agenda in accordance with the voting instructions provided by the relevant holder, all with the right of substitution to: (i) a third person; or (ii) Mrs. Eliza Popa, secretary of the Company (address: 75 Dr. N. Staicovici Street, fourth floor, Bucharest, Romania).

The holder of shares A will notify the Company of an electronic copy of the proxy at the following e-mail address: digi.gsm@digi-communications.ro no later than by Friday, 11 August 2023 at 4.00 pm CET.

Class B shares: The holders of class B shares (which for the purposes of the AGM includes holders of rights of usufruct and pledgees with voting rights in respect of those shares) who will not participate to the meeting in person or be represented by their own legal representative can grant a proxy to: (i) a third person (based on the Attendance notice and PoA to be obtained on the Company’s website on GSM documents); or (ii) Mrs. Eliza Popa (to be obtained via E-vote by ING https://evote.ingwb.com), who will be authorized to, on behalf of the relevant holder, with the right of substitution, to attend the AGM, to sign the attendance list, to speak and to cast a vote at that meeting on the voting items on the agenda in accordance with the voting instructions provided by the relevant holder.

The duly completed and executed power of attorney under which a third person is empowered to represent the class B shareholder at the AGM must be received by the Company for the attention of Mrs. Eliza Popa, Dr. N. Staicovici 75, fourth floor, Bucharest, Romania, or by e-mail: digi.gsm@digi-communications.ro or if the Company’s secretary is empowered, by registering the proxy via the E-vote by ING (https://evote.ingwb.com), no later than by Friday, 11 August 2023, at 4.00 pm CET.

E-voting Class B Shares Only holders of class B shares (which for the purpose of this notice includes holders of rights of usufruct and pledgees with voting rights in respect of those shares) may also give voting instructions via https://evote.ingwb.com no later than by Friday, 11 August 2023 at 4.00 pm CET.

Identification

Persons entitled to attend the AGM (which includes persons granted with a proxy in the manner as described above) will be requested to identify themselves at the Registration Desk prior to admission to the AGM and are therefore requested to bring a valid identity document.

Issued capital and voting rights of the Company

At the day of this convocation, the Company has an issued share capital of EUR 6,810,042.52 consisting of 64,556,028 Class A Shares, each having a nominal value of EUR 0.10 and 35,443,972 Class B Shares, each share having a nominal value of EUR 0.01. 4,409,361 Class A Shares and 425,526 Class B Shares are held by the Company in its own share capital (in treasury). No votes may be cast for shares held by the Company in its own share capital. Therefore, the total number of voting rights at the day of this convocation amounts to 636,485,116.

About Digi Communications NV

We are a 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

Digi Communications N.V. to host a conference call on its Q1 2023 Financial Results on 15 May 2023

BUCHAREST, Romania, 8-May-2023 — /ERP FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 15 May 2023 at 14:00 UK time/16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2023 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar and pre-register for the call. The deadline for pre-registration is until 12:00 UK time/ 14:00 EEST (Romania local time) on 15 May 2023.

A recording of the conference call will be available on our website for 30 days: www.digi-communications.ro.

About Digi Communications NV

We are a 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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. updates its 2023 financial calendar

BUCHAREST, Romania, 28-Apr-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. has announced that its Statutory Auditor informed the Company of an up-date regarding the date when the auditor’s opinion will be available in order for the Company to publish its statutory consolidated and stand-alone financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union (“EU”) and Part 9 of book 2 of the Dutch civil code (“Financial Statements”).

The newly estimated date for publishing the Company’s Financial Statements is June, 30, 2023.

The General Meeting of Shareholders will be held after the publication of the Financial Statements, with the due observance of the minimum period of time necessary to inform the Company’s shareholders.

The updated 2023 Financial Calendar is presented in the table below:

EVENTDATE
Publication of 2022 Preliminary Results28 February 2023
Conference call for the presentation of the 2022 Preliminary Results28 February 2023
Publication of Quarterly Financial Report for the First Quarter, 2023 (“Q1 2023”) ended 31 March 202315 May 2023
Conference call for the presentation of the Quarterly Financial Report for Q1 202315 May 2023
Publication of the Annual Report 202230 June 2023
General Meeting of Shareholders11 August 2023
Publication of Financial Report for the First Half of 2023 (“H1 2023”) ended 30 June 202314 August 2023
Conference call for the presentation of H1 2023 Financial Report14 August 2023
Publication of Quarterly Financial Report for the Third Quarter, 2023 (“Q3 2023”) ended 30 September 202314 November 2023
Conference call for the presentation of the Quarterly Financial Report for Q3 202314 November 2023

 
About Digi Communications NV

We are a 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

RCS & RDS S.A., Digi Communications N.V. subsidiary in Romania, signs two export credit facilities agreements with ING Bank N.V. for EUR 132m

BUCHAREST, Romania, 25-Apr-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on, 24 April 2023, RCS & RDS S.A. (the Company’s subsidiary in Romania – “RCS & RDS”), as borrower, together with the Company and Digi Spain Telecom S.L.U. as original guarantors and ING Bank N.V., as original lender, arranger, facility agent and ECA agent, have concluded two export credit facilities agreements in a total amount of EUR 132,682,761.21, to be used with the purpose of financing the purchase of good and services for developing the Romanian and Portuguese telecommunications networks of the Company’s subsidiaries.

About Digi Communications NV

We are a 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

RCS & RDS S.A., Digi Communications N.V. subsidiary in Romania, signs a senior facility agreement with several financial institutions

BUCHAREST, Romania, 24-Apr-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on, 21 April 2023, RCS & RDS S.A. (the Company’s subsidiary in Romania – “RCS &RDS”), as borrower, the Company and Digi Spain Telecom S.L.U. as original guarantors and ING Bank N.V., BRD-Groupe Societe Generale S.A., Citibank Europe plc, Dublin – Romania Branch, Raiffeisen Bank S.A. and UniCredit S.A., as mandated lead arrangers, other financial institutions listed therein as original lenders have concluded a senior facility agreement (the “SFA”) consisting of: (i) a term loan facility in a total aggregate amount of EUR 150,000,000, for a period not exceeding 31 January 2028; (ii) a revolving credit facility in a total aggregate amount of EUR 100,000,000, for three years from the signing of the SFA, and (iii) one or more incremental facilities not exceeding in aggregate EUR 250,000,000 which may be established and made available in accordance with the SFA. The borrowed amounts may be used by the Company’s Romanian subsidiary for the purposes of debt refinancing, capital expenditure, investments, general corporate and working capital purposes.

About Digi Communications NV

We are a 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

Digi Communications N.V. 2023 Financial Calendar

BUCHAREST, Romania, 27-Jan-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform its investors and the market that the Financial Calendar for 2023 is available on the official website: www.digi-communications.ro (Investor Relations Section/Financial Calendar).

About Digi Communications NV

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, Portugal and Belgium.

SOURCE: EuropaWire

Northern Lights Fund Trust II Announces Fund Closure

NEW YORK, 2022-Dec-30 — /EPR FINANCIAL NEWS/ — Northern Lights Fund Trust II announced today that the Amberwave Invest USA JSG Fund (Cboe: IUSA) will close. The Northern Lights Fund Trust II Board of Trustees approved the closing and subsequent liquidation of IUSA. The fund’s last day of trading will be January 13, 2023, which will also be the final day for creations or redemptions by authorized participants. The fund will cease operations, withdraw its assets, and distribute the remaining proceeds to shareholders on January 20, 2023.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other important information may be found in the prospectus, which may be obtained by calling 1-888-926-1931. Read the prospectus carefully before investing.

IUSA is distributed by Northern Lights Distributors, LLC.

16200210-NLD-12282022

Media contact:
(888) 926 1931

Amberwave Partners Announces IUSA Transferring to Cboe BZX Exchange, Inc.

NEW YORK, 2022-Dec-08 — /EPR Network/ — Amberwave Partners (Amberwave) — an asset manager developing financial products based on U.S. jobs, security, and growth (JSG) — today announced plans to transfer the listing of the Amberwave Invest USA JSG Fund (IUSA), an exchange-traded fund (ETF), managed by Amberwave from NYSE Arca, Inc. to the Cboe BZX Exchange, Inc. The transfer is expected to occur on or about December 23, 2022. No shareholder action is expected because of this change, nor is the transfer expected to affect the trading of fund shares.

Amberwave Partners Research and Management, LLC is an SEC registered investment advisor and serves as IUSA’s investment advisor. IUSA is available to investors through most individual brokerage firms.

To learn more about Amberwave Partners and JSG investing, visit their website at amberwavepartners.com.

Important Risk Information: While the shares of ETFs are tradeable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF’s net asset value. Brokerage commissions and ETF expenses will reduce returns.

There is no guarantee that the IUSA (the “Fund”) will achieve its objective. The universe of acceptable investments for the Fund may be limited as compared to other funds due to the Fund’s JSG (jobs, security, and growth) investment screening. Because the Fund does not invest in companies that do not meet its JSG criteria, and the Fund may sell portfolio companies that subsequently violate its screens, the Fund may be riskier than other mutual funds or ETFs that invest in a broader array of securities.

Investors should consider the investment objective, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. The prospectus may be obtained at http://www.jsgfunds.com/iusa-etf or by calling (888) 926-1931. The Fund is distributed by Northern Lights Distributors, LLC, member FINRA / SIPC. Amberwave Partners and Northern Lights Distributors, LLC, member FINRA / SIPC are not affiliated.

Via EPR Network
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Digi Communications N.V. announces a new estimated date for publishing of its Financial Statements

BUCHAREST, Romania, 26-Sep-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on September 26, 2022 the Company’s Statutory Auditor informed the Company of an up-date regarding the estimated date when the auditor’s opinion will be available in order for the Company to publish its statutory consolidated and stand-alone financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union (“EU”) and Part 9 of book 2 of the Dutch civil code (“Financial Statements”).

As per KPMG’s notification, the newly estimated date for publishing the Company’s Financial Statements is around October 14, 2022.

The General Meeting of Shareholders will be held after the publication of the Financial Statements, with the due observance of the minimum period of time necessary to inform the Company’s shareholders.

The new 2022 Financial Calendar is available on the official website at: https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar.

About Digi Communications N.V.

We are a 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

Star-Investor Yair Goldfinger ab sofort im Advisory Board des deutschen KI-Trading-Startups Velvet AutoInvest

LIMASSOL, Zypern, 14-Jun-2022 — /EPR FINANCIAL NEWS/ — Star-Investor und ICQ-Mitbegründer Yair Goldfinger ab sofort im Advisory Board des deutschen KI-Trading-Startups Velvet AutoInvest

  • Durch Funding von Investoren und Accelerator Programmen erreicht Velvet ein Seed-Investment von über 1,3 Mio. USD
  • Velvet erhält außerdem Funding und Auszeichnung durch HubSpot Accelerator
  • Fintech-Startup beschleunigt KI-Technologieentwicklung und Kundengewinnung

Das Fintech-Unternehmen Velvet Software Technologies erhält ein Seed-Investment in Höhe von 1,3 Mio. USD, sowie Unterstützung von Star-Investor Yair Goldfinger. Der ICQ-Mitbegründer sichert sich einen Platz im Advisory Board des in Stuttgart gegründeten Startups. Die Finanzierung erfolgte nach Zielerreichung von exponentiellem Kundenwachstums sowie starkem Performance-Ausbau der KI-basierten Velvet-Algorithmen. Neben dem Investment von mehreren Investoren wurde Velvet in die Microsoft und Hubspot Accelerator-Programme aufgenommen, im Rahmen derer sich das Fintech-Startup ein weiteres 6-stelliges Funding und Zugriff auf modernste KI-Infrastruktur sichern konnte.

Velvet Software Technologies bietet mit Velvet AutoInvest eine neue Art des Investierens für Privatanleger aller Erfahrungsstufen an. Mission ist es, Privatinvestoren mittels modernster Technologie eine Geldanlage bereitzustellen, die bislang hauptsächlich Hedgefonds vorbehalten ist. Der Handelsalgorithmus Velvet AutoInvest ist zur Ausführung seiner KI-basierten Trades an einen durch ASIC regulierten, international renommierten australischen Broker angebunden. Zur Nutzung von Velvet verbinden Kunden ihren zuvor beim Broker erstellen Account mit Velvet AutoInvest. Daraufhin werden die von der Velvet-KI automatisiert generierten Trades auf das Kundenkonto beim Broker übertragen.

Julius Franck-Oberaspach, CEO von Velvet: “Dass Velvet AutoInvest, ursprünglich für den Eigennutzen entwickelt, bereits nach kurzer Zeit so sehr Fahrt aufnimmt, ist für uns unglaublich. Velvet bietet Privatinvestoren an, mittels unserer KI-Algorithmen den fehleranfälligen, manuellen Investment-Prozess nun wie Investmentbanken zu automatisieren und zu optimieren. Die extreme Komplexität und Tiefe der am Finanzmarkt verfügbaren Informationen waren Ideenbringer zur Gründung von Velvet.”

“Velvet AutoInvest bietet ein für Privatpersonen in der Finanzwelt sehr revolutionäres, benutzerfreundliches Anlageprodukt: Die schlichte Verbindung zu einem KI-Algorithmus, der in seiner Komplexität normalerweise nur von institutionellen Anlegern verwendet wird. Privatanleger können technisch hochgerüstet und mit weitreichendem Risiko-Management damit wie Goldman Sachs, JP Morgan oder BlackRock am Finanzmarkt investieren”, ergänzt Jonathan R. Hirsch, CMO von Velvet.

Yair Goldfinger: „Für mich sind junge, talentierte und motivierte Teams, die unglaubliche Ergebnisse erzielen, der wichtigste Baustein in einem Unternehmen. Bei Velvet sehe ich das auf das nächste Level gehoben. Das Produkt, das sie entwickelt haben, ist einfach großartig. Ich verfolge den Markt seit Jahren sehr genau, aber etwas Vergleichbares zu dem, was Velvet anbietet, habe ich noch nie gesehen. Das Team hat in den letzten Monaten nicht nur eine herausragende Performance der KI-basierten Handelsalgorithmen erreicht, sondern es ebenso geschafft, daraus ein intuitives Produkt für Privatpersonen zu bauen – und nun steigt das Kundeninteresse explosionsartig. Diese Kombination aus Team-, Produkt- und Marktinteresse zeigen zweifelslos absolutes Potenzial für weiterhin exponentielles Wachstum des Startups.“

Mit der neu erhaltenen Liquidität wird Velvet sein Fintech-Angebot von der Integration bis hin zum Nutzererlebnis weiter optimieren und beschleunigt skalieren. Dazu zählt unter Anderem die Einstellung zusätzlicher Analyst*innen zur kontinuierlichen Weiterentwicklung der Handelsalgorithmen wie auch der Ausbau des Customer Supports Teams. Hinzu kommt der Einsatz fortschrittlicher CRMs, gesponsert vom HubSpot Startup Accelerator, zur weiteren Support-Automatisierung, um so für künftige Expansionen gerüstet zu sein.

Mit den Velvet-Strategien Blue, Ultra und dem Flaggschiff Pro verwenden Privatanleger KI-gestützte Anlagestrategien mit Zugriff auf einen breiten Diversifizierungsmix aus über 20 Finanzinstrumenten. Die Produkte folgen dabei unterschiedlichen Risikoprofilen und Renditechancen. Den Kern aller Velvet-Strategien bildet ein Random-Forest-Algorithmus für maschinelles Lernen, welcher Anhand von über 1.300 Datenpunkten mit sehr hoher Wahrscheinlichkeit Erwartungswerte verschiedener Handelstaktiken prognostiziert. Anhand dieser Prognose werden Handelsentscheidungen gewichtet und die Strategie flexibel an neue Marktverhältnisse angepasst. Ziel dabei ist der nachhaltige und kosteneffiziente Vermögensaufbau der angebundenen Accounts, mit aktivem Risikomanagement und Automatisierung. Aufgrund der Benutzerfreundlichkeit und des minimalen Eigenaufwands sind alle Velvet-Produkte speziell auf die Bedürfnisse von Privatanlegern ausgelegt und damit für Einsteiger wie auch für erfahrene Investoren gleichermaßen geeignet.

Neukunden erhalten bei Velvet AutoInvest einen kostenfreien Probemonat, in dem die automatisierten KI-Handelssignale ohne Berechnung einer Gewinnprovision getestet werden können. Nach Registrierung und Eröffnung des Broker-Accounts wird dieser mit der gewünschten Risikoklasse verbunden. Kunden behalten dabei jederzeit die volle Kontrolle und Transparenz über ihr Depot. Die Nutzung der AI-Software ist grundsätzlich kostenlos, Gebühren in Höhe von 15-25 % werden ausschließlich auf erzielte Renditen gezahlt und pro Monat abgerechnet. Velvet AutoInvest kann jederzeit ohne Kündigung deaktiviert werden.

Weitere Informationen zu Velvet Software Technologies und Velvet AutoInvest unter: https://www.vlvt.ai/de/

SOURCE: EuropaWire

Market-neutral hedge fund Caravel Capital Fund Showcased At Secure Spectrum’s Hedge Fund Seminar

COPENHAGEN, 3-Jun-2022 — /EPR FINANCIAL NEWS/ — Jeff Banfield, a founding partner of Caravel Capital Investments Inc., was the featured speaker at Secure Spectrum’s Hedge Fund Seminar in Copenhagen, Denmark, on June 2, 2022. With over 35-years of experience in the alternative investment industry, Banfield delivered valuable insights and his recipe for navigating the current global financial markets.

Titled, The Alchemy of Risk, Opportunity, and Experience, Banfield explained how he earned positive returns for each of his 35-years in the investment business. His position as a Proprietary Trader at Dominion Securities in 1987 prepared him for six Bear Markets and unexpected macro factors.

Mr. Banfield was asked how he consistently achieves positive returns. He explained, “We approach every investment with the following criteria: strong understanding of fundamentals, applying the correct strategy in the economic cycle; coupled with the opportunity to generate the targeted return, and always managing the tail risk.” He also added, “We listen to the central banks and policymakers when they telegraph well in advance, and we take appropriate countermeasures to protect the portfolio. Glen and I find our best opportunities when fear and greed misprice the market.”

Soren Dal Thomsen, CIO, kicked off the program, presenting, “Why should one have hedge funds in their portfolio?” Then followed by Jeppe Blirup, Head of Hedge Funds, who gave the landscape of Secure Spectrum’s Fund of Hedge Funds. Jeppe explained, “We turned to Jeff to share his wealth of knowledge on the markets, strategies, and execution. Especially in this kind of market, we are all looking for insights that will help us to grow and preserve our capital. Caravel Capital shares our priorities: growth of capital, capital preservation, alignment of interests, and risk-aversion.”

The Caravel Capital Fund outperformed major indices in Q1 2022 with a 3.25% (net of fees) return, generated 30.78% returns in 2021, and have produced annualized returns of 18.96% since inception in 2016 while maintaining a Sharpe Ratio of 2. Gibbons and Banfield utilize several strategies, including but not limited to convertible arbitrage, relative value arbitrage, capital structure arbitrage, merger arbitrage, distressed debt, and alpha long/short.

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Caravel Capital Investments Inc. is an event-driven, market-neutral hedge fund based in Nassau, The Bahamas. Founded in 2016 by Glen Gibbons and Jeff Banfield, the firm prioritizes capital preservation with a commitment to liquidity and transparency. Named after the agile exploration ships used during the age of discovery, the firm maintains strict limits, small positions, and a manageable fund size to ensure quick responses to changing dynamics. The team uses innovative, leading-edge idea implementation while owning the Fund’s risk tails. The managers pursue systematic and non-systematic risk reduction through frequent review of risk/reward and high liquidity, thereby providing a genuinely market-neutral result, as evidenced by the returns.

Secure Spectrum is a fund of hedge funds that aims to generate an absolute return over the business cycle, seeking to generate an attractive risk-adjusted return regardless of the development of financial markets. Secure Hedge seeks to exhibit low correlation with the stock market and help diversify a traditional portfolio consisting of equities and bonds. The fund’s active portfolio management involves looking for exposure to attractive niche investment strategies that are typically difficult to access and independent of each other.

SOURCE: EuropaWire