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Digi Communications N.V. to host its Q3 2020 financial results conference call on 13 Nov 2020

BUCHAREST, Romania, 6-Nov-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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.

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 13 November 2020.

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

SOURCE: EuropaWire

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Digi Communications NV: Digi Spain extends Spanish MVNO Agreement

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 Agreement”) 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.

SOURCE: EuropaWire

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Digi Communications NV 1H-2020 Financial Results now available

BUCHAREST, Romania, 14-Aug-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that H1 2020 financial results are available on the Company’s website.

For details, please see:

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

SOURCE: EuropaWire

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Digi Communications N.V. will host conference call on 14 August 2020 to discuss H1 2020 financial results

BUCHAREST, Romania, 7-Aug-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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.

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 14 August 2020.

A webcast of the call and the presentation materials will be available on our websites and the webcast will be archived for 30 days: www.digi-communications.ro

SOURCE: EuropaWire

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Digi Communications N.V.: Independent Limited Assurance Report issued on 30 Jul 2020 now available on BVB, ASF and Dutch AFM

BUCHAREST, Romania, 30-Jul-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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 (“BVB”) and the Company’s website, while also being available with the Romanian Financial Supervisory Authority (“ASF”) and the Dutch Authority for Financial Markets (“AFM”).

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire

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RCS&RDS gets anti-trust body approval for its deal with Akta Telecom, Digital Cable Systems and ATTP Telecommunications

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 Decision”), 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 („Agreements”) 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 “Assignors”.

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 („Commitments”).

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.

For details regarding the reports, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

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ANCOM authorized RCS & RDS S.A. to apply a surcharge for certain roaming services in the EEA starting 1 July 2020

(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&RDS”) 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.

For information regarding the initial approval in this respect granted to RCS&RDS in 2017, we invite the market and our investors to refer to the current report issued by the Company on 30 June 2017 (http://www.digi-communications.ro/en/investor-relations/shares/current-reports/digi-current-report-30-06-2017).

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire

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Digi Communications NV Non-Executive Director exercised his stock options

The exercise is pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in accordance with the stock option plan approved at the level of the Company in 2017, as amended by the general meeting of shareholders dated 2 May 2018

BUCHAREST, Romania, 3-Jun-2020 — /EPR FINANCIAL NEWS/ — Digi Communications NV (The Company) would like to inform the market and its investors that on 3 June 2020 Mr. Marius Catalin Vărzaru, Non-Executive Director and Vice-President of the Board of Directors of the Company, has exercised his stock options, which have vested in accordance with the provisions of the Company’s stock option plan and which were granted pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in relation to which the above mentioned person and the Company have concluded a stock option agreement on 18 May 2018. In accordance with this stock option plan, Mr. Marius Catalin Vărzaru was granted 50,000 shares.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 3 June 2020, Mr. Marius Cătălin Vărzaru, as person discharging managerial responsibilities in connection with the Company, has notified the Company and the Romanian Financial Supervisory Authority in connection with the exercise of the stock options.

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section).

SOURCE: EuropaWire

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Digi Communications N.V. grants stock options to certain employees and managers of its Romanian Subsidiary

BUCHAREST, Romania, 19-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that the Board of Directors of the Company has approved the grant of stock options for the benefit of certain employees and managers of RCS&RDS S.A., its Romanian subsidiary and of DIGISOFT IT SRL, a subsidiary of RCS&RDS S.A. The options granted are for a number of 185,500 Class B shares. The vesting of such options is conditional upon fulfillment of several performance criteria, with the vesting period being a minimum of 1 year.

SOURCE: EuropaWire

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Digi Communications NV Executive Directors exercised their stock options

The exercise is pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in accordance with the stock option plan approved at the level of the Company in 2017, as amended by the general meeting of shareholders dated 2 May 2018

BUCHAREST, Romania, 15-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications NV (The Company) would like to inform the market and its investors that on 15 May 2020, Mr. Serghei Bulgac, Chief Executive Officer and Executive Director of the Company and Mr. Valentin Popoviciu, Executive Director of the Company, have exercised their stock options, which have vested in accordance with the provisions of the Company’s stock option plan and which were granted pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in relation to which the abovementioned persons and the Company have concluded stock option agreements on 16 May 2018, respectively on 18 May 2018. In accordance with this stock option plan, Mr. Serghei Bulgac was granted 170,000 shares, while Mr. Valentin Popoviciu was granted 90,000 shares.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 15 May 2020, Mr. Serghei Bulgac and Mr. Valentin Popoviciu, as persons discharging managerial responsibilities in connection with the Company, have notified the Company and the Romanian Financial Supervisory Authority in connection with the exercise of the stock options.

SOURCE: EuropaWire

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Digi Communications NV 1Q2020 Financial Results now available

BUCHAREST, Romania, 15-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that Q1 2020 financial results are available on the Company’s website.

For details, please see:
http://www.digi-communications.ro/en/investor-relations

SOURCE: EuropaWire

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Digi Communications NV Executive Directors Serghei Bulgac and Valentin Popoviciu granted conditional stock options

BUCHAREST, Romania, 14-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications NV (The Company) would like to inform the market and its investors that, on 14 May 2020, Mr. Serghei Bulgac (Chief Executive Officer and Executive Director of the Company) and Mr. Valentin Popoviciu (Executive Director of the Company) have been granted by the Company conditional stock options pursuant to the decision of the Company’s general meeting of shareholders dated 30 April 2020. The number of options of class B shares granted as part of this stock option plan (applicable for the year 2020) amounts to a total of 130,000 stock options. The further vesting of all option shares granted will be conditional upon several performance criteria and the passage of a minimum duration of 1 year.

More details regarding the stock options granted to each of the above-mentioned Directors are available on the Company’s website at https://www.digi-communications.ro/en/see-file/Agenda-and-explanatory-notes.pdf (the Agenda and Explanatory notes published by the Company on 19 March 2020, Annex I).

In accordance with the applicable regulations, on 14 May 2020, Mr. Serghei Bulgac and Mr. Valentin Popoviciu, as persons discharging managerial responsibilities in connection with the Company, have notified the Company and the Romanian Financial Supervisory Authority in connection with the grant of the above-mentioned stock options and the execution between each of them and the Company of corresponding stock option agreements.

SOURCE: EuropaWire

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Digi Communications N.V. will host conference call on May 15th 2020 to discuss Q1 2020 financial results

BUCHAREST, Romania, 8-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on May 15th 2020 (at 16:00 UK time / 18:00 EEST) it will host a conference call to discuss the Q1 2020 financial results.

To participate in the conference please follow the instructions from our website www.digi-communications.ro and pre-register for the call. The deadline for pre-registration is until 14.00 UK time/16:00 EEST on 15 May 2020.

A webcast of the call and the presentation materials will be available on our websites and the webcast will be archived for 30 days: www.digi-communications.ro

SOURCE: EuropaWire

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Digi Communications N.V. 2019 share dividend payment information

BUCHAREST, Romania, 6-May-2020 — /EPR FINANCIAL NEWS/ — The Company would like to inform its shareholders and the market that, on 6 May 2020, were made available the detailed instructions regarding the payment of the dividend in gross amount of 0.65 lei per share, as approved by the Company’s general shareholders’ meeting from 30 April 2020.

The detailed instructions on the payment of the dividend are available on the Company’s website, at the relevant „GSM” section – https://www.digi-communications.ro/en/corporate/general-share-holders/digi-communications-n-v-gsm-2020 , as well as in the document attached below.

For additional information, please contact us at ipo.relations@digi-communications.ro. (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

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Digi Communications N.V. 2020 AGM attendaned by shareholders representing 75,77 percent of the total number of shares with voting rights

BUCHAREST, Romania, 30-Apr-2020 — /EPR FINANCIAL NEWS/ —  Digi Communications N.V. (The Company) would like to inform the market and its investors that today, Thursday, 30 April 2020, at 12:00 p.m. CEST, at the offices of Freshfields Bruckhaus Deringer LLP, Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands, took place the Company’s general shareholders’ meeting (the GSM) with respect to which the Company informed its shareholders and the market through the Convocation notice released on 19 March 2020 (the Convocation Notice).

The GSM was attended – either in person or by representative – by shareholders representing 75,77 % of the total number of shares with voting rights, respectively 71,401,050 shares.

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

2. The Annual Report of the Company for 2019 (item 2 from the Convocation Notice):

c. Adoption of the 2019 Annual Accounts;
d. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 0.65 RON per share, ex-date – 15 May 2020. The GSM has approved to change the record date for the purposes of identifying the shareholders entitled to receive the dividend approved in the AGM, the new record date being 18 May 2020 (the first business day following the ex dividend date, i.e. 15 May 2020).
It is expected that the payment date will be on or around 29 May 2020;
e. Release from liability of the members of Board of Directors.

3. Application of the Remuneration Policy and Remuneration Report for 2019

a. Remuneration Report for 2019
The general meeting approved by an advisory vote the Remuneration Report for 2019 made public on the Company’s website. The Remuneration Report for 2019 is construed according to the provisions of EU Directive 828/2017 as implemented in The Netherlands.
b. Approval of the new Remuneration Policy of the members of the Board of Directors

The general meeting approved the Remuneration Policy of the members of the Board of Directors, as updated in line with the requirements of the provisions of EU Directive 828/2017 as implemented in Dutch law. The new proposed Remuneration Policy is published on the Company website.

4. Appointment of Statutory Auditor – Ernst & Young Accountants, LLP, Netherlands.

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 own Class B Shares – based on this approval, the Board of Directors shall have the authority to acquire class B shares through purchases effected on the stock exchange, for the purposes of being granted to statutory executive directors, managers and employees of the group under the various stock option plans approved or to be approved by the Company, in accordance with the applicable legal provisions, for a period of 12 months from the date of the AGM (i.e., up to and including 30 April 2021).

The authority of the Board of Directors shall be limited to a maximum of up to 10% of the issued class B share capital at the close of trading on the Regulated Spot Market of the Bucharest Stock Exchange on the date of the AGM, 30 April 2020. The maximum purchase price per class B share shall at no times be higher than the higher of the price of the last independent trade and the highest current independent purchase bid on the Regulated Spot Market of the Bucharest Stock Exchange. The purchases will not exceed, on any trading day more than 25 % of the average daily volume of the shares on the Regulated Spot Market of the Bucharest Stock Exchange on which the purchase is carried out.

The Board of Directors intends to appoint an independent specialized trading / brokerage firm to execute any such buy-back.

6. Re-appointment of the members of the Board of Directors

a. Re-appointment of Serghei Bulgac as executive-director of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
b. Re-appointment of Valentin Popoviciu as executive-director of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
c. Re-appointment of Zoltan Teszari as non-executive-director and president of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
d. Re-appointment of Marius Catalin Varzaru as non-executive-director and vice-president of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
e. Re-appointment of Bogdan Ciobotaru as non-executive-director of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
f. Re-appointment of Piotr Rymaszewskias non-executive-director of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.
g. Re-appointment of Emil Jugaru as non-executive-director of the Board of Directors for a period of 4 years ending on the day of the annual general meeting of shareholders of the Company to be held in 2024.

7. Approval of award of stock options to executive 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 GSM: http://www.digi-communications.ro/en/general-share-holders.

Digi Communications N.V. also informs shareholders and investors that the approved Annual Financial Report for the year ended December 31, 2019 is available starting 30 April 2020, on the company’s website (www.digi-communications.ro), at section Investor Relations.

SOURCE: EuropaWire

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Digi Communications N.V. releases its H1 2019 Financial Report

BUCHAREST, Romania, 14-Aug-2019 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. informs the shareholders and investors that the H1 2019 Financial report is available starting 14th of August 2019, 8:30 AM, on the company’s website (www.digi-communications.ro), at section Investor Relations /Financial reports.

For the six months ended June 30, 2019, we had revenues of € 575.2 (YoY increase of 18.3%) and Adjusted EBITDA of € 199.4 (YoY increase of 25.4%). At the end of the period we achieved total Group RGUs of 15.5 million (YoY increase of 7%).

For details regarding the Financial Report and Condensed Consolidated Interim Financial Statements as at June 30, 2019, please visit our site: www.digi-communications.ro/en/

SOURCE: EuropaWire

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Digi Communications N.V. releases its Q1 2019 Financial Report

BUCHAREST, Romania, 15-May-2019 — /EPR FINANCIAL NEWS/ — With respect to the availability of the Q1 2019 financial report, Digi Communications N.V. informs the shareholders and investors that the Q1 2019 Financial report is available starting 15th of May 2019, 7:06 PM, on the company’s website (www.digi-communications.ro), at section Investor Relations / Financial reports.

In relation to the reporting under the article 82 of Law no.24/2017 and FSA Reg. no.5/2018, Digi Communications N.V. announces that on May 15, 2019, the Report regarding legal documents concluded by DIGI Communications N.V. in April 2019 or in other period but effective in April 2019 issued in accordance with article 82 of the Romanian Law no. 24/2017 and FSA Regulation no. 5/2018 was made publicly available on the Romanian Stock Exchange (“BVB”) and the Company’s website, while also being available with the Romanian Financial Supervisory Authority (“ASF”) and the Dutch Authority for Financial Markets (“AFM”).

For details regarding the reports, please access the official websites designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

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Digi Communications N.V. updated its Financial Reporting Calendar for 2019

BUCHAREST, Romania, 13-May-2019 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the investors and the market with respect to the new date of the Conference Call for the presentation of the Quarterly Financial Report for Q1 2019 which will take place on 16 May 2019.

Following this amendment please see the updated Company’s Financial Reporting Calendar for 2019:

EVENT DATE
Publication of 2018 Preliminary Results 14 February 2019
Conference call for the presentation of the 2018 Preliminary Results 15 February 2019
General Meeting of Shareholders 30 April 2019
Publication of the Financial Annual Report 2018 30 April 2019
Publication of Quarterly Financial Report for the First Quarter, 2019 (“Q1 2019”) ended 31 March 2019 15 May 2019
Conference call for the presentation of the Quarterly Financial Report for Q1 2019 16 May 2019
Publication of Financial Report for the First Half of 2019 (“H1 2019”) ended 30 June 2019 14 August 2019
Conference call for the presentation of H1 2019 Financial Report 14 August 2019
Publication of Quarterly Financial Report for the Third Quarter, 2019 (“Q3 2019”) ended 30 September 2019 14 November 2019
Conference call for the presentation of the Quarterly Financial Report for Q3 2019 14 November 2019

For details regarding the Notification of shares buy-back, please access the official website designated of Digi: www.digi-communications.ro (Investor Relations Section/Current Reports).

SOURCE: EuropaWire

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Digi Communications published instructions on the 2018 share dividend payment

BUCHAREST, Romania, 7-May-2019 — /EPR FINANCIAL NEWS/ — The Company (Digi Communications N.V.) would like to inform its shareholders and the market that, on 7 May 2019, were made available the detailed instructions regarding the payment of the dividend in gross amount of 0.50 lei per share, as approved by the Company’s general shareholders’ meeting from 30 April 2019. The detailed instructions on the payment of the dividend are available on the Company’s website, at the relevant „GSM” section.

SOURCE: EuropaWire

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Resolutions of Digi Communications N.V.’s general shareholders meeting held on 30 Apr 2019

BUCHAREST, Romania, 30-Apr-2019 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that today, Tuesday, 30 April 2019, at 12:00 p.m. CEST, at Crowne Plaza Hotel, Amsterdam – Schiphol (municipality of Haarlemmermeer), Planeetbaan 2, 2132 HZ Hoofddorp, The Netherlands, took place the Company’s general shareholders’ meeting (the GSM) with respect to which the Company informed its shareholders and the market through the Convocation notice released on 19 March 2019 (the Convocation Notice).

The GSM was attended – either in person or by representative – by shareholders representing 75,01 % of the total number of shares with voting rights, respectively 71,094,938 shares.

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

2. The Annual Report of the Company for 2018 (item 2 from the Convocation Notice):

d. Adoption of the 2018 Annual Accounts

e. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 0.50 RON per share, ex-date – 15 May 2019, reference date – 16 May 2019, with the expected payment date – 29 May 2019

f. Release from liability of the members of Board of Directors

3. Appointment of Statutory Auditor – Ernst & Young Accountants, LLP, Netherlands

4. Designation of the Board of Directors as the competent body to repurchase own Class B Shares – based on this approval, the Board of Directors shall have the authority to acquire class B shares in the share capital of the Company through stock exchange trading of otherwise, in accordance with the applicable legal provisions for a period of 12 months from the date of the GSM and therefore up to and including 30 April 2020. The authority of the Board of Directors shall be limited to a maximum of up to 10% of the issued class B share capital at the close of trading on the Regulated Spot Market of the Bucharest Stock Exchange on the date of the GSM, 30 April 2019. The Board of Directors intends to appoint an independent specialized trading / brokerage firm to execute any such buy-back.

5. Appointment of Emil Jugaru as non-executive member of the Board of Directors – based on this approval Mr. Emil Jugaru was appointed as non-executive member of the Board of Directors of the Company for a term of one (1) year ending on the day of the annual general meeting of the Company to be held in 2020.

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 GSM:

http://www.digi-communications.ro/en/general-share-holders.

Digi Communications N.V. also informs shareholders and investors that the approved Annual Financial Report for the year ended December 31, 2018 is available starting 30 April 2019, on the company’s website (www.digi-communications.ro), at section Investor Relations.

SOURCE: EuropaWire