Category Archives: Profits

Profits

Digi Communications N.V. reports strong growth in H1 2024

BUCHAREST, Romania, 14-Aug-2024 — /EuropaWire/ — Digi Communications N.V. has released its financial results for the first half of 2024, revealing a robust performance across its key markets. The company achieved consolidated revenues of €921.3 million, marking a 13% increase compared to the same period last year. Adjusted EBITDA, excluding the impact of IFRS 16, also saw a significant rise, reaching €284.6 million, a 19.3% improvement year-on-year.

The company’s growth was driven by a substantial increase in revenue-generating units (RGUs), surpassing the 25 million mark for the first time—a 14% year-on-year increase. This growth was particularly pronounced in Spain, where the mobile segment grew by 23.2% and broadband services surged by 50.6%.

Digi’s operations in Romania, Spain, and Italy continued to expand, with notable increases in mobile, fixed internet, and Pay-TV services. In Romania, mobile services grew by 15.1%, while Spain saw a 30.1% increase in RGUs across all services. The company also announced strategic expansions into new markets, including Portugal and Belgium, with significant acquisitions and agreements to enhance its market presence.

Serghei Bulgac, CEO of Digi Communications, expressed confidence in the company’s trajectory, highlighting the successful transition to a full-fledged mobile network operator in Spain and the ongoing efforts to strengthen their market position through strategic acquisitions and partnerships.

The financial report for the first half of 2024 is now available on Digi Communications’ website.

SOURCE: EuropaWire

3 Jul 2024: Exercise of conditional share options by executive directors of Digi Communications N.V.

BUCHAREST, Romania, 2-Jul-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market that the executive directors of the Company, exercised their right to receive a total number of 150,000 class B shares from the share capital of the Company respectively (80,000 class B shares to Mr. Serghei Bulgac and 70,000 class B shares to Mr. Valentin Popoviciu), for the year 2023, as per the conditional share options granted on the 19th of May 2023, in accordance with the decision of the Company’s Ordinary General Shareholders’ Meeting from the 18th of May 2021 (the OGSM 2021) and on the 2nd of March 2023, in accordance with the decision of the Company’s Ordinary General Shareholders’ Meeting from the 28th of December 2022 (the OGSM 2022).

The conditional share options have been vested in accordance with the provisions of the Company’s Share Option Plan and the OGSM 2021 and OGSM 2022.

Details regarding the conditional share options granted on the 19th of May 2023 and the 2nd of March 2023 to the executive directors of the Company are available on the Company’s website at “ANNOUNCEMENTS” section, available HERE.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on July 1st , 2024, the executive directors, as persons discharging managerial responsibilities within the Company, have notified the Company, the Romanian Financial Supervisory Authority (ASF) and the Autoriteit Financiële Markten (AFM), in connection with the exercise of the share options.

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V.’s 2023 dividend will be paid on July 22, 2024

BUCHAREST, Romania, 2-Jul-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market about the availability of the detailed instruction regarding the payment of share dividend for the 2023 financial year, in gross amount of 1.25 lei per share, as approved by the Company’s Ordinary General Shareholders’ Meeting, which was held on the 25th of June 2024.

The payment of the dividend related to 2023 financial year will be carried out on July 22nd, 2024 to the Company’s class B shareholders registered on July 4th, 2024 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 July 3rd 2024.

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 2023” 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, Portugal and Belgium.

SOURCE: EuropaWire

APPROVAL OF STOCK OPTIONS FOR EXECUTIVE DIRECTORS AT DIGI COMMUNICATIONS’ SHAREHOLDERS’ MEETING

BUCHAREST, Romania, 26-Jun-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange,The Company would like to inform the market and its investors that today, Tuesday, 25 June 2024, 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 13 May 2024 (the Convocation Notice).

The GSM was attended by shareholders representing 82,72% of the total number of shares with voting rights, respectively 78,794,760 shares.

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

2. Annual Report 2023

c. Adoption of the 2023 Annual Accounts;

d. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 1.25 RON per outstanding share (both Class A Shares and Class B Shares equally). The listed Class B shares will be quoted ex-dividend from 3 July 2024 and the record date for the dividend shall be 4 July 2024. It is expected that the dividend will be paid on or around 22 July 2024.

e. Release from liability of the members of Board of Directors;

3. Implementation of the Remuneration Policy and the Remuneration Report for the year 2023

a. The Remuneration Report for the year 2023 (advisory, non-binding vote);

b. The revised Remuneration Policy of the Board of Directors;

4Appointment of KPMG N.V. as the statutory auditor of the Company for the financial year 2024

6. Designation of the Board of Directors as the competent body to repurchase own class B Shares

Based on this approval, the Board of Directors has 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 June 26, 2024 up to and including 24 December 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 number 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 65 (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.

7. Appointment of the members of the Board of Directors

a. Re-appointment of Mr. Serghei Bulgac as Executive Director of the Board of Directors;

b. Re-appointment of Mr. Valentin Popoviciu as Executive Director of the Board of Directors;

c. Re-appointment of Mr. Zoltan Teszari as Non-Executive Director and President of the Board of Directors;

d. Re-appointment of Mr. Marius Catalin Varzaru as Non-Executive Director and Vice-president of the Board of Directors;

e. Re-appointment of Mr. Bogdan Ciobotaru as Non-Executive Director of the Board of Directors;

f. Re-appointment of Mr. Emil Jugaru as Non-Executive Director of the Board of Directors;

g. Appointment of Mr. Jose Manuel Arnaiz de Castro as Non-Executive Director of the Board of Directors.

8. Approval of award of stock options to directors

The Board of Directors is authorized to decide upon the award stock options to acquire class B shares in the capital of the Company to executive directors subject to the criteria of the Company’s Share Option Plan (the details of which can be found on the Company’s corporate website www.digi-communications.ro).

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 2024 GSM: https://www.digi-communications.ro/en/corporate/general-share-holders/digi-communications-n-v-gsm-2024

Additionally, the Company wishes to inform the shareholders and investors that the 2023 approved Annual Report is also available on the Company’s website and can be consulted HERE.

For additional information, please contact us at investor.relations@digi-communications.ro

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. to host its general shareholders meeting on June 25, 2024

BUCHAREST, Romania, 13-May-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market and its investors that today, 13 May 2024, 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 Tuesday, 25 June 2024 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 2023 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 1,25 RON per share; ex-date – 3 July 2024, the record date for the dividend – 4 July 2024, and the payment date starting with 22 July 2024;
  • release from liability of the members of the Board of Directors;
  • remuneration report for the year 2023 (advisory, non-binding vote);
  • approval of the revised Remuneration Policy of the Board of Directors (voting item);
  • appointment of the statutory auditor for the for the financial year ending December 31, 2024;
  • designation of the Board of Directors as the competent body to repurchase own Class B Shares;
  • appointment of Board members;
  • approval of granting stock options to executive directors.

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 2023 Annual Report, the 2023 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 TUESDAY, 25 JUNE 2024, 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 2023
  3. Board report 2023 (discussion item);
  4. Dividend Policy (discussion item);
  5. Adoption of the 2023 Annual Accounts (voting item);
  6. Distribution of dividend (voting item);
  7. Release from liability of the members of Board of Directors (voting item);
  8. Implementation of the Remuneration Policy and the Remuneration Report for the year 2023
  9. The Remuneration Report for the year 2023 (advisory, non-binding vote);
  10. Approval of the revised Remuneration Policy of the Board of Directors (voting item);
  11. Appointment of Statutory Auditor

Proposal to appoint KPMG N.V. as the statutory auditor of the Company for the financial year 2024 (voting item);

  1. Corporate governance structure and statement of compliance with the Dutch Corporate Governance Code (DCGC)

The Dutch Corporate Governance Code was updated in December 2022. In connection with its revision, applicable as of the reporting year 2023, the Dutch Corporate Governance Code Monitoring Committee recommends to discuss the Company’s compliance with the revised Code 2022 with its general meeting at the AGM in 2024 (discussion item).

  1. Designation of the Board of Directors as the competent body to repurchase own class B Shares

Designation of the Board of Directors as the competent body to repurchase class B shares (voting item);

  1. Appointment of the members of the Board of Directors
  2. Re-appointment of Mr. Serghei Bulgac as Executive Director of the Board of Directors (voting item);
  3. Re-appointment of Mr. Valentin Popoviciu as Executive Director of the Board of Directors (voting item);
  4. Re-appointment of Mr. Zoltan Teszari as Non-executive Director and President of the Board of Directors (voting item);
  5. Re-appointment of Mr. Marius Catalin Varzaru as Non-Executive Director and Vice-president of the Board of Directors (voting item);
  6. Re-appointment of Mr. Bogdan Ciobotaru as Non-Executive Director of the Board of Directors (voting item);
  7. Re-appointment of Mr. Emil Jugaru as Non-Executive Director of the Board of Directors (voting item);
  8. Appointment of Mr. Jose Manuel Arnaiz de Castro as Non-Executive Director of the Board of Directors (voting item).
  9. Approval of award of stock options to directors

Authorize the Board of Directors to decide upon the award of stock options to executive directors of the Company (voting item);

  1. Close of Meeting.

Agenda

The agenda for the AGM and the explanatory notes thereto together with the Annual Report 2023 are available on the website of the Company (www.digi-communications.ro) from 13 May 2024 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 Tuesday, 28 May 2024 (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 at the address: 75 Dr. N. Staicovici Street, fourth floor, Bucharest, Romania and by e-mail digi.gsm@digi-communications.ro no later than by Tuesday, 18 June 2024, 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 Tuesday, 18 June 2024, 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:

  • a third person; or
  • 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 Tuesday, 18 June 2024, 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:

  • a third person (based on the Attendance notice and PoA to be obtained on the Company’s website on GSM documents); or
  • 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 Tuesday, 18 June 2024, 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 Tuesday, 18 June 2024 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 343,026 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 636,567,616.

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. to host its Q1 2024 financial results conference call on May 15, 2024

BUCHAREST, Romania, 8-May-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, announces that on 15 May 2024 at 14:00 UK time / 16:00 EEST (Romania local time), will host a conference call to discuss its Q1 2024 financial results. The Company will publish the unaudited Q1 2024 financial results on the same day, 15 May 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 15 May 2024, 12:00 UK time/ 14:00 EEST (Romania local time).

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, Portugal and Belgium.

SOURCE: EuropaWire

Digi Communications N.V. proposes a dividend increase for 2023

BUCHAREST, Romania, 7-May-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, will propose its shareholders distribution of approximately RON 120 million in dividends for fiscal year 2023. The company’s proposal is a dividend of RON 1.25 per share, a 25% year-on-year increase. The dividend for the 2022 fiscal year amounted to RON 1.0. The details related to the payment, including reference and payment date, will be established at the Annual General Meeting of the Shareholders, expected to take place in June 2024.

Serghei Bulgac, CEO of Digi Communications, stated: “Digi Communications continues to be a dynamic growth story, and it is particularly gratifying to see our company amongst the top performers on the Bucharest Stock Exchange this year. We see this as a recognition of our strong operational performance and the market’s confidence in our strategic direction. We have an unparalleled opportunity to build a leading European telecom operator out of Romania. Both our core markets, Romania and Spain, continue to grow at an accelerated pace. We are gearing up for the upcoming commercial launches in Portugal and Belgium later this year. With all these important developments poised to drive growth in the coming years, our commitment to generating shareholder value has never been stronger.”

Being dedicated to the expansion of the footprint in core markets, Romania and Spain, as well as preparing for the launch of operations in Portugal and Belgium, both estimated for 2024, Digi Communications continued allocation of significant CAPEX towards harnessing growth opportunities. In 2023, Digi Communications capital expenditures amounted to EUR 730 million, growing and improving network capabilities across all markets. Nonetheless, the company is committed to shareholder value, with its gross dividend value growing at a compound annual growth rate of 24% between 2017 and 2023 [i].

Digi Communications registered EUR 1.7 billion in consolidated revenues in 2023, a 13% increase compared to the previous year. Adjusted EBITDA increased by 17% compared to 2022, reaching EUR 591.2 million.

In 2023, Digi Communications continued to grow across its entire service portfolio, reaching almost 23.9 million in revenue-generating user agreements (RGUs) as of the 2023 yearend across Romania, Spain, and Italy. This marks a 15% increase compared to 2022. Digi’s range of services spans mobile and fixed-line telephony, broadband data services, and Pay TV. In Romania, Digi offers fixed telecommunication and entertainment solutions via a cutting-edge fibre optic network. The Group also operates a mobile network, which shares the backbone of the fixed fibre optic infrastructure. Meanwhile, in Spain, Digi provides mobile, broadband, and fixed-line phone services, and in Italy, the Group provides exclusively mobile services.

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, Portugal and Belgium.

[i] Subject to General Meeting of Shareholders approval of 2023 dividend distribution.

SOURCE: EuropaWire

Digi Communications N.V. 2023 Annual Report released

BUCHAREST, Romania, 2-May-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) informs the shareholders and investors that the Annual Financial Report for the year ended December 31, 2023 is available starting with 2 May 2024 on the Company’s website (www.digi-communications.ro) at https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/annual-reports-shares under the section Investor Relations.

The Annual Financial Report for year ended December 31, 2023 can also be downloaded below.

DIGI_2023-Annual-ReportDownload

For additional information, please contact us at investor.relations@digi-communications.ro.

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, Portugal and Belgium.

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 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

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 NV to host a conference call for its H1 2023 Financial Results on 14 Aug 2023

BUCHAREST, Romania, 7-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 14 August 2023 at 14:00 UK time/ 16:00 EEST (Romania local time), the Company will host a conference call to discuss its H1 2023 financial results. The Company will publish its consolidated financial results as of 30.06.2023 on the same day, 14 August 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 August 2023, 12:00 UK time/ 14:00 EEST.

A recording of the conference call will be available on Company’s website, www.digi-communications.ro for 30 days.

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. releases its Q1 2023 Financial Results

BUCHAREST, Romania, 15-May-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2023 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/quarterly-reports-shares

Also, today 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).

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

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. releases its 2022 Preliminary Financial Results 

BUCHAREST, Romania, 28-Feb-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the 2022 Preliminary Financial Results are available on the Company’s website.

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

Also today, 28 February 2023 at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss the 2022 Preliminary 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 28 February 2023.

About Digi Communications N.V.

We are a European leader in geographically-focused telecommunication solutions, based on the number of revenues 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 28 December 2022 in Amsterdam, The Netherlands

BUCHAREST, Romania, 16-November-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 16 November 2022, 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 Wednesday, 28 December 2022 at 2:00 PM 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 2021 Annual Report (including the annual report, the statutory financial statements – consolidated and stand-alone – and the auditor report);
  • approval of the interim distribution of a gross dividend of 0.85 RON per share; ex-date – 13 September 2022, the record date for the dividend – 14 September 2022, and the payment date starting with 28 September 2022;
  • release from liability of the members of the Board of Directors;
  • 2021 remuneration report (advisory, non-binding vote);
  • appointment of the statutory auditor for the financial year ending December 31, 2022;
  • designation of the Board of Directors as the competent body to repurchase own Class B Shares;
  • approval of award of stock options to an executive director.

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 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 WEDNESDAY, 28 DECEMBER 2022, 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 2021
    a. Board report 2021 (discussion item)
    b. Dividend and Reservations Policy (discussion item)
    c. Adoption of the 2021 Annual Accounts (voting item)
    d. Approval of dividend distribution that was declared and paid as an interim dividend distribution as per Board Resolution from 1 September 2022 (voting item)
    e. Release from liability of the members of Board of Directors (voting item)
  3. Remuneration Report for 2021
    Remuneration Report for 2021 (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 2022 (voting item)
  5. Designation of the Board of Directors as the competent body to repurchase own Class B Shares
    Designation of the Board of Directors as the competent body to repurchase Class B Shares (voting item)
  6. Approval of award of stock options to an executive director
    Authorize the Board of Directors to decide upon the award of stock options to an executive director of the Company (voting item)
  7. Close of Meeting

COVID-19
In light of the public health risks arising from outbreak of the COVID-19 virus, the shareholders of the Company (which for the purpose of this notice includes holders of rights of usufruct and pledgees with voting rights) do not need to be present at the AGM in person. Instead, please give your voting instructions by proxy or through the E-vote by ING (https://evote.ingwb.com) – as set out in more detail below.

The Company acknowledges that constraints caused by the outbreak of the COVID-19 virus may restrict the possibility to attend the AGM in person. For this reason, shareholders who decide not to attend the AGM on Wednesday 28 December, 2022, in Amsterdam, the Netherlands, and who wish to submit questions regarding items on the AGM agenda, may submit their questions by email to digi.gsm@digi-communications.ro up to 12:00 pm CET on Wednesday, 21 December 2022, (1:00 pm in Romania). The e-mail must include the name, surname, number of shares held by the shareholder on the record date for the AGM and the AGM agenda item to which the question relates.

Agenda
The agenda for the AGM and the explanatory notes are thereto together with the Annual Report 2021 are available on the website of the Company (www.digi-communications.ro) from 16 November 2022 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 30 November 2022 (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 Wednesday, 21 December 2022, 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 Wednesday, 21 December 2022, 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, and to Mrs. Andra Gunescu, lawyer of the Company (address: 75 Dr. N. Staicovici Street, fourth floor, Bucharest, Romania), any of whom to individually and alternatively (and not collectively) execute the given proxy in which case such proxy must include unequivocal voting instruction(s).

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 Wednesday, 21 December 2022 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 Wednesday, 21 December 2022, 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 Wednesday, 21 December 2022 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 597,226 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 636,313,416.

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

Digi Communications N.V. to host a conference call on its Q3 2022 financial results on 15 November 2022

BUCHAREST, Romania, 8-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 15 November 2022 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the Q3 2022 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 November 2022.

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 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