BUCHAREST, Romania, 17-Mar-2021 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that, in accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, Mr. Serghei Bulgac, Chief Executive Officer and Executive Director of the Company, notified the Company in connection with the sale, during 12 March and 15 March 2021, of a number of 4952 class B shares held in the Company’s share capital.
In connection with this transaction, Mr. Serghei Bulgac notified also the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM). Mr. Serghei Bulgac fulfilled the notification requirements under the Company’s internal policies.
For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).
 NEW YORK, 9-Mar-2021 — /EPR FINANCIAL NEWS/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics†or the “Companyâ€) is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million. It develops high performance 100% battery-powered motorbikes. With this investment in Energica, Ideanomics expands its global footprint in the electric vehicle (EV) industry, and complements Treeletrik’s business in the ASEAN market. This investment marks continued investment in European-based OEM.
“Energica has combined zero emissions EV technology with high-performance engineering synonymous with Italy’s Motor Valley to create a range of exceptional products for the motorcycle market. It also has proprietary EV battery and DC fast-charging systems that have applications and synergies with Ideanomics Mobility. We are very impressed with Livia and her team, and we look forward to supporting them through their next phases of growth,†said Alf Poor, CEO of Ideanomics.
The rapid increase of EV sales that began in 2019 has continued to gain momentum over the past year. The global high performance electric motorcycle market is growing at a CAGR of over 35% from 2019-2024. With its state-of-the-art battery technology development, Energica was chosen by Dorna as a single manufacturer for the FIM Enel MotoE™ World Cup. With this partnership, Energica has been able to test new battery solutions and innovations in extreme conditions with the best riders in the world to advance its high-performance battery technology.
“We are proud to be part of this unified global platformâ€, says Livia Cevolini, CEO of Energica Motor Company S.p.A. “Ideanomics’ network of innovative companies will help accelerate the growth and adoption of new EV technologies such as Energica. We look forward to leveraging Ideanomics to capture market share in the rapidly growing global electric motorcycle marketâ€.
BUCHAREST, Romania, 10-Mar-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V. would like to inform its investors and the market that an Amendment to the Financial Calendar for 2021 is available on the official website (Investor Relations Section/Financial Calendar): https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar
Ao selecionar cuidadosamente parceiros adequados, simplificar processos e melhorar a eficiência ao longo de toda a linha, a Neowintech pretende dar mais opções a mais pessoas, num processo de democratização de ferramentas e soluções que, ou estavam reservadas a um número limitado de pessoas, ou eram de tal modo complicadas que acabavam por contribuir para uma gestão financeira desnecessariamente não otimizada.
ROME, 26-Feb-2021 — /EPR FINANCIAL NEWS/ — Neowintech è un marketplace finanziario costruito attorno a una filosofia di semplicità , velocità e convenienza. Stabilendo partnership con diversi fornitori di servizi finanziari, è in grado di offrire l’accesso a una gamma completa di soluzioni per le molteplici e diverse fasi della vita delle persone.
Sotto un unico profilo digitale che può essere creato in meno di 5 minuti, gli utenti possono accedere a prodotti innovativi forniti da partner terzi, incluse soluzioni di investimento, piani pensionistici, mutui e fondi di investimento – con ulteriori servizi in arrivo in futuro.
Il risultato è un punto centrale della gestione delle finanze personali, solidamente costruito su una tecnologia sicura, a cui tutti possono accedere facilmente e completamente gratuito.
Essendo completamente digitale, è possibile accedere, gestire e migliorare ogni aspetto della propria vita finanziaria attraverso il proprio smartphone, senza bisogno di scartoffie o di recarsi a una sede fisica.
Selezionando attentamente i partner adatti, semplificando i processi e migliorando l’efficienza dall’inizio alla fine, Neowintech mira a portare più opportunità a più persone, democratizzando efficacemente l’accesso a strumenti e soluzioni che in precedenza erano riservati a un numero limitato di persone, oppure talmente complicati da lasciare la gestione finanziaria personale inutilmente sotto ottimizzata.
In linea con la sua filosofia, anche l’iscrizione è molto semplice e veloce. E’ sufficiente fornire un indirizzo email e alcune informazioni personali. Ciò include fornire documenti al fine di garantire la corretta identificazione del cliente, quindi tutti i requisiti i termini di documentazione devono essere letti attentamente.
BUCHAREST, Romania, 23-Feb-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that the 2020 Preliminary Financial Results are available on the Company’s website.
Also, on 24 February 2021 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the 2020 Preliminary Financial Results.
BUCHAREST, Romania, 17-Feb-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 24 February 2021 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the 2020 Preliminary Financial Results.
BUCHAREST, Romania, 11-Jan-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V. would like to inform its investors and the market that the Financial Calendar for 2021 is available on the official website: www.digi-communications.ro (Investor Relations Section/Financial Calendar).
The term loan facility under the Senior Facility Agreement is meant to be used for the purposes of refinancing the amounts made available under the Facilities Agreement dated 7 October 2016, while the revolving facility may be used for capital expenditure, investments, general corporate, and working capital purposes (including intra-group loans) of the Digi group.
For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).
BUCHAREST, Romania, 13-Nov-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that Q3 2020 financial results are available on the Company’s website.
BUCHAREST, Romania, 6-Nov-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 13 November 2020 at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss the Q3 2020 financial results.
BUCHAREST, Romania, 9-Oct-2020 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V. (BVB: DIGI) (The Company) would like to inform its investors and the market that on October, 8 the Company’s subsidiary from Spain (Digi Spain) and Telefonica Moviles España, S.A. (TME) agreed to extend the duration of the agreement regarding Digi Spain’s access to TME’s radio spectrum and mobile communication network and infrastructure (“The Spanish MVNO Agreementâ€) until September 30, 2026.
About Digi Communications NV
Digi is the parent holding company of RCS & RDS, a leading provider of pay TV and telecommunications services in Romania and Hungary. In addition, RCS & RDS provides mobile services as an MVNO to the large Romanian communities living in Spain and Italy, and in Spain it also provides fixed internet and data and fixed-line telephony services.
BOSTON, MA, U.S.A., 18-Sep-2020 — /EPR FINANCIAL NEWS/ — Syniti, a leader in enterprise data management, announced today the launch of a global weekly podcast series, the “CEO TO CEO Podcast.†This new podcast focuses on delivering exclusive insights for complex, C-suite challenges, including mergers, acquisitions and divestitures (MA&D). The series will feature interviews with some of the world’s top CEOs and thought leaders, many of whom led history-making transactions.
The podcast will launch Wednesday, September 23, 2020, featuring in-depth, conversational interviews with leaders like:
Joe Tucci, former Chairman of the Board of Directors, President and Chief Executive Officer of EMC Corporation, now Dell EMC, and Chairman and Co-Founder of Bridge Growth Partners
Paula Tolliver, former Corporate Vice President and CIO and CDO of Intel Corporation and former Corporate Vice President of Business Services and CIO at the Dow Chemical Company, and
Josh Moffitt, Founder and President of Silverton Mortgage
“History has proven that during times of rapid changes and unknowns, such as the 2008 financial crisis, organizations look to MA&D to both protect and grow their business,†said Kevin Campbell, CEO of Syniti and host of the podcast series. “We are pleased to launch this new podcast series to help companies face these challenges with an insider’s perspective, and help business become more resilient through M&A&D.â€
According to EY’s Global Capital Confidence Barometer, in today’s economic environment, more than half of executives globally are opting to transform through transactions and plan an acquisition this year. McKinsey & Company also reported that companies that regularly and systematically pursue moderately sized M&A deliver better shareholder returns than companies that don’t.
“The complexities of MA&D are daunting every time,†said Chris Knerr, Syniti Chief Data Officer. “Data is increasingly essential to delivering successful transactions. We are bringing together leaders who have successfully led global transformations to dive deeper into the power of data to accelerate time-to-value and greatly reduce execution risk. With more than 24 years of business expertise in data and end-to-end conversion technology, we’ve seen firsthand how data can increase transparency, drive business value capture, and support integration strategies that speed and smooth business transactions of all sizes.â€
According to Edison Research, podcasts reach over 100 million Americans each month. “Podcasts are available where the listener is, whether at home, commuting, in-between business meetings, after dinner or with early morning coffee,†said Rex Ahlstrom, Syniti Chief Strategy & Technology Officer. “By leveraging this medium, we can further help business leaders access critical insights from top M&A&D practitioners wherever they are – at home, in the office, or on-the-go.â€
To learn more or to listen to Syniti’s CEO TO CEO Podcast please click the following links to subscribe – Apple Podcast; Spotify and iHeartRadio.
Baltimore, MD, 2020-Aug-28 — /EPR FINANCIAL NEWS/ — CoapTech LLC (Baltimore, MD), a leading medical device start-up pioneering the world’s first and only ultrasound-based feeding tube placement system, announced today the closing of a Series B investment of $7 million led by Palo Alto-based medical device venture capital firm Hunniwell Lake Ventures. The financing will be used to fund CoapTech’s commercialization of its FDA-cleared PUMA-G System.
By simplifying gastrostomy procedures to the point where they can be conducted at the patient’s bedside with ultrasound, hospitals using PUMA-G benefit by freeing up surgical suites and personnel resources for COVID and other clinical priorities, minimizing cross-contamination, and improving efficiencies in care.
CoapTech was founded by critical care physician Dr. Steven Tropello and clinical innovation researcher Howard Carolan, to reduce unnecessary delays, harm, and costs for feeding tube placement, a vital therapy for millions of patients each year around the world.
Howard Carolan, CEO and Co-Founder, states: “We have been receiving fantastic feedback from hospitals in our initial launch program, which are using the PUMA-G System to revolutionize feeding tube placement. By using ultrasound at the patient bedside, rather than the conventional approach of orchestrating expensive and inefficient consults, critical care physicians are completing these procedures in minutes, on the same shift a feeding tube is first indicated. We’re seeing early indications those efficiencies result in patients leaving the ICU sooner, which saves hospitals many thousands of dollars per admission. A substantial portion of this new funding is from physicians who have seen the device and believe it can become the new default method for feeding tube placement.â€
Dr. Steven Tropello elaborates, “the PUMA-G System is proving itself ready for standard-of-care adoption for safe and timely gastrostomy tube placement. It is also proving a powerful approach in the fight against COVID, by completely eliminating transport of patients, team members, and reprocessed tools throughout the hospital in favor of a sterile, disposable, bedside solution. I am also very excited about other clinical applications of the PUMA platform we are developing and aim to have for patients in the near future.â€
This Series B investment was led by Hunniwell Lake Ventures, a Palo Alto-based medical device venture capital firm.
Daniel Teo, Managing Partner at Hunniwell Lake Ventures, further states “Coaptech’s PUMA System has the potential to transform gastrostomy and many other surgical procedures by allowing them to be performed using ultrasound at the bedside, in hospitals, ambulatory centers, skilled nursing facilities, and LTACHs (Long-term Acute Care Hospitals). This also benefits patients by bringing the procedure closer to the Point-of-Demand (PoD) and giving them more options with a larger community of medical providers capable of performing the procedure.
BUCHAREST, Romania, 14-Aug-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that H1 2020 financial results are available on the Company’s website.
BUCHAREST, Romania, 7-Aug-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 14 August 2020 (at 14:00 UK time / 16:00 EEST – Romania local time) it will host a conference call to discuss the H1 2020 financial results.
A webcast of the call and the presentation materials will be available on our websites and the webcast will be archived for 30 days:Â www.digi-communications.ro
Dallas, TX, USA, 2020-Aug-04 — /EPR FINANCIAL NEWS/ — The Bitcoin core network today runs on the proof of work algorithm. It leaves the network open to the 51% attack, also it is costly to mine and harmful for the environment. The PoW mechanism has also been a hindrance to scalability.
However, numerous innovations are trying to deal with the issues, facing the Bitcoin network while preserving certain unique aspects of the original concept. For instance, the 21 million tokens supply along with the proven code-base that has been improved over a decade is worth preserving.
The Bitcoin Proof of Stake coin reserves the strongest aspect of the Bitcoin network with a flexible proof of stake algorithm. It presents a new paradigm in the utility of crypto. The Bitcoin PoS coin preserves everything that Bitcoin has while bringing new development to the blockchain technology.
Driving Mass Adoption
When Satoshi Nakamoto launched Bitcoin about a decade ago, his goal was mass adoption of crypto that would replace the current financial system. However, that goal has not been achieved. Many crypto projects in existence today have numerous issues that prevent mass adoption.
The Bitcoin PoS project aims to advance Satoshi Nakamoto’s vision of a decentralized financial network that is independent of centralized control. Bitcoin Proof of Stake is designed to be scalable and easy to use. The goal is to give access of banking services to billions of people globally. To achieve this, Bitcoin PoS aims to be a coin for ordinary retail payments.
About the Proof of Stake Mechanism
The Bitcoin network is secured using a proof of work mechanism. However, the PoW mechanism is energy-intensive and requires expensive mining rigs to secure. The proof of stake mechanism wants to replace how consensus is achieved. Instead of using PoW, the staker that generates a block has to provide proof that they have access to given number of coins.
Generating the block will entail the sending of coins to oneself, which proves ownership. The amount of coins needed for staking is determined via a difficulty adjustment model that is similar to the PoW mechanism. The goal is to ensure an approximate constant block time. Just like PoW, the block generation process will result in rewards via a transaction fee and supply model.
Bitcoin PoS Deals with the Bitcoin Centralization Problems
The Bitcoin network appears perfect to its proponents. However, it has a problem with centralization. The high cost of power and the expensive mining rigs mean that only a few select companies can afford to mine the BTC network.
The result is that only those with access to cheap power can secure the network. Today, most of those miners are located in China, which has led to a high concentration of mining power in one region. In effect, Chinese miners control the Bitcoin network. It was not the vision of decentralization that Satoshi Nakamoto had in mind.
To make the issue worse, the places where the cost of power is low also have highly authoritarian systems of government. Another issue is that in nations where the cost of power is high do not recognize BTC mining as a business. Thus, miners do not get access to subsidized power. It has led to the proliferation of mining cartels with some companies controlling as much as 5% of the mining power.
For retail miners, the only solution is to join mining pools, which effectively control all of the mining power of BTC. As a result, BTC is highly centralized in the current setup and it will only continue being centralized in the future.
Bitcoin PoS Solves the Issue
One of the issues that Bitcoin Proof of Stake solves is the cost of power. The proof of stake mechanism cuts the cost of power by 99%. As a result, it ensures that it will difficult from any entity to monopolize the network. The result is that Bitcoin PoS is achieving the vision of Satoshi Nakamoto.
The Current State of Bitcoin PoS
While Bitcoin Proof of Stake uses a proof of stake mechanism, the Bitcoin PoS still keeps up with upgrades to the Bitcoin network. Any upgrade made by the developers are added to the Bitcoin PoS blockchain. Today, the coin is tradable on crypto exchanges; it has a market price of USD 89.07 according to data on CoinMarketCap. It has a market cap of $308,995,384 and it is ranked at 40 by market cap in the world but actual raking on coinmarketcap.com is 205 because of their raking systems.
BUCHAREST, Romania, 30-Jul-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on July 30, 2020, the Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the information included in the current reports issued by the Company under Law 24/2017 (Article 82) and FSA Regulation no. 5/2018 was made publicly available on the Romanian Stock Exchange (“BVBâ€) and the Company’s website, while also being available with the Romanian Financial Supervisory Authority (“ASFâ€) and the Dutch Authority for Financial Markets (“AFMâ€).
BUCHAREST, Romania, 27-Jul-2020 — /EPR FINANCIAL NEWS/ — The Company would like to inform its investors and the market that on July 24, 2020, the Competition Council issued the decision no. 38/21.07.2020 („RCC Decisionâ€), authorising the economic concentration acomplished by RCS&RDS through gaining sole control over certain assets pursuant to the agreements entered into on 28 November 2019 („Agreementsâ€) between the Company’s Romanian subsidiary, hereinafter referred to as „Assignee†and Digital Cable Systems S.A., AKTA Telecom S.A., respectively ATTP Telecommunicatios S.R.L., hereinafter referred together as “Assignorsâ€.
Under these Agreements, RCS&RDS will operate the networks of the Assignors and will provide communications services to the clients, in exchange of the payment by RCS & RDS of a rent.
The condition precedent under the Agreements of obtaining the Competition Council’s authorisation is now met; the non-object decision being subject to RCS&RDS complying with the commitments it had offered and that were accepted by the competition authority („Commitmentsâ€).
The Commitments were offered by RCS&RDS in order to address the Competition Council’s concerns regarding the merger and they are broadly two sided, refering to:
– the relationship between RCS&RDS and the clients who will become RCS&RDS customers pursuant to the Agreements, and
– the relationship between RCS&RDS and the Tv Channel providers.
The Commitments regarding the clients will be binding for a period of three years as of the date of the authorisation and they mainly refer to the undertaking made by RCS&RDS to upgarde the networks and to provide to at least 95% of the clients communications services of the same technical quality as offered to its existing customers. In addition, RCS&RDS has to offer to all customers the opportunity to benefit from the packages and prices offered by RCS&RDS to its existing customers and refrain from price increases during the three year period under review.
The commitment regarding TV Channel providers is binding for a five-year period as of the date of the authorisation. The commitment refers to the undertaking made by RCS&RDS that, in case it does not reach a commercial agreement with any TV Channel provider for inclusion of such channel into its Basic TV Package, then it will offer the provider the possibility to carry such channel as a pay tv offering which shall be provided to customers in exchange for an additional charge. The price of such pay tv channel will be mainly determined by the TV Channel provider.
(PRESS RELEASE) BUCHAREST, Romania, 29-Jun-2020 — /EuropaWire/ — We would like to inform the market and our investors that the National Authority for Management and Regulation of Communications in Romania (ANCOM) has authorized RCS & RDS S.A., the Company’s subsidiary in Romania (“RCS&RDSâ€) to continue to apply a surcharge for certain mobile telephony roaming services supplied to its customers traveling in the European Economic Area (EEA), therefore including the European Union.
By decision received on 29 June 2020, in order to allow RCS&RDS to continue to cover the costs incurred for the supply of roaming services and to continue to apply the national tariffs in Romania, ANCOM has authorized RCS&RDS’ request to apply a surcharge, on top of the national tariffs, for certain roaming services supplied to its own customers traveling in the EEA, but without going above the maximal following values:
0.0154 Euro/minute (excluding VAT), for the calls made by its clients,
0.0079 Euro/minute (excluding VAT), for the calls received by its clients (this value might vary in accordance with the changes brought by the European legislation),
1.41 Euro/GB (0.00141 Euro/MB), excluding VAT.
RCS&RDS will apply the roaming surcharges starting from the first unit of consumption supplied to its own customers traveling in the EEA.
The renewed authorization issued by ANCOM will apply for a maximum period of 12 months starting 1 July 2020.