Tag Archives: Financial Results

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. Group publishes its ANNUAL REPORT for the year ended December 31, 2021

BUCHAREST, Romania, 16-November-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. informs the shareholders and investors that the Annual Financial Report for the year ended December 31, 2021 is available on the Company’s website (www.digi-communications.ro), under the section Investor Relations.

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

The up-dated version of the 2021 Annual Report (with Digi Communications NV’s statutory consolidated and stand-alone financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union (“EU”) and Part 9 of book 2 of the Dutch civil code) replaces and supersedes the non-statutory consolidated Financial Statements issued as per IFRS EU by the Company on 27.05.2022.

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.’s Q3 2022 Financial Results now available on its website

BUCHAREST, Romania, 15-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q3 2022 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 the Q3 2022 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/see-file/Conf-Call-Registration-Q3-2022-Financial-Results-Presentation.pdf 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 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

RCS&RDS, Digi Communications N.V. subsidiary in Romania, wins the auction for certain radio frequency rights in the country

BUCHAREST, Romania, 15-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on November, 14, 2022 the Romanian Authority for Telecommunications (ANCOM) finalised the auction for the allocation of rights in 700 MHz, 1500 MHz, 2600 MHz and 3400-3800 MHz bands.

ANCOM designated RCS&RDS as winner of the frequency rights in the 2600 MHz (4 blocks in 2×5 MHz – FDD) and 3400-3800 MHz (5 blocks in 10 MHz – TDD) bands.

The value of the frequency rights is of EUR 45,500,000.

The Company welcomes ANCOM’s decision which will allow RCS&RDS to continue the growth of its innovative digital communication services and the implementation of new technologies, providing broadband connectivity at all economic and social levels, at the same affordable tariffs.

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. announces November, 15, 2022 as the new estimated date for publishing its Financial Statements

BUCHAREST, Romania, 9-Nov-2022 — /EPR FINANCIAL NEWS/ — On 8 November, 2022 the Digi Communications N.V.’s Statutory Auditor informed the Company of a new up-date regarding the date when the auditor’s opinion will be available in order for the Company to publish its statutory consolidated and stand-alone financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union (“EU”) and Part 9 of book 2 of the Dutch civil code (“Financial Statements”).

As per KPMG’s notification, the newly estimated date for publishing the Company’s Financial Statements is November, 15, 2022.

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

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

About Digi Communications N.V.

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

SOURCE: EuropaWire

Digi Communications N.V. H1 2022 Financial Results available

BUCHAREST, Romania, 12-Aug-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the H1 2022 financial results are available on the Company’s website at: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/half-year-reports-shares

Also, today at 16:00 UK time/ 18:00 EEST (Romania local time) it will host a conference call to discuss the H1 2022 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/see-file/Conf-Call-H1-2022-Financial-Results-log-in-details.pdf and pre-register for the call. The deadline for pre-registration is until 14:00 UK time/ 16:00 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, having significant operations in Spain and being present in Italy and Portugal.

SOURCE: EuropaWire

Digi Communications N.V. to host conference call for its 1H2022 Financial Results on 12 August 2022

BUCHAREST, Romania, 5-Aug-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 12 August 2022 at 16:00 UK time / 18:00 EEST (Romania local time) it will host a conference call to discuss the H1 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 14:00 UK time/ 16:00 EEST (Romania local time) on 12 August 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 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, having significant operations in Spain and being present in Italy and Portugal.

SOURCE: EuropaWire

Digi Communications N.V. corrects two clerical errors in its Q1 2022 Financial Report

Bucharest, Romania, 18-05-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform the market and its investors that, the Q1 2022 Financial Report was amended in order to correct the following clerical errors:

  1. In the English version of the Q1 2022 Financial report, at page 21, Under the line “Condensed Consolidated Statement of Comprehensive Income”, in the original version of the Q1 2022 Financial Report we presented the description pertaining to ‘Net profit attributable to owners’ under the line ‘Net profit Attributable to non-controlling interests’ and vice-versa. In the amended Q1 2022 Financial Report we have corrected the clerical error by reversing the description to the correct lines.
  2. In the English version of the Q1 2022 Financial report, at page 23, Under the line “Condensed Consolidated Statement of Changes in Equity”: the figure representing the movement in ‘Translation reserves’ was presented in the ‘Revaluation reserves’ column and the figure representing the movement in ‘Revaluation reserves’ was presented in the ‘Fair value reserves’ column, also the ‘Total’ lines had to be updated. Practically both figures were erroneously shifted to the right, and in the process also the ‘Total’ lines were affected. In the amended Q1 2022 Financial Report we have corrected this clerical error.
    For more details, please see the amended Q1 2022 Financial Report by accessing the link below:
    https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares

About Digi Communications NV
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 and Portugal.

SOURCE: EuropaWire

Digi Communications N.V. posts its financial results for the first quarter of 2022

BUCHAREST, Romania, 17-May-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2022 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/quarterly-reports-shares

Also today, 17 May 2022 at 16:00 UK time / 18:00 EEST (Romania local time) it will host a conference call to discuss the Q1 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 today, 17 May 2022, at 14:00 UK time / 16:00 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 and Portugal.

SOURCE: EuropaWire

Digi Communications N.V. to host conference call for its 1Q2022 Financial Results on 17 May 2022

BUCHAREST, Romania, 10-May-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 17 May 2022, at 16:00 UK time / 18:00 EEST (Romania local time), it will host a conference call to discuss the Q1 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 14:00 UK time/ 16:00 EEST (Romania local time) on 17 May 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 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, having significant operations in Spain and being present in Italy and Portugal.

SOURCE: EuropaWire

Digi Communications N.V. 2021 Preliminary Financial Results released

BUCHAREST, Romania, 28-Feb-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the 2021 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, on 28 February 2022 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the 2021 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 2022.

SOURCE: EuropaWire

Digi Communications N.V. to host a conference call for its 2021 Preliminary Financial Results on 28 February 2022

BUCHAREST, Romania, 22-Feb-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on 28 February 2022 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the 2021 Preliminary Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/ro/see-file/Conf-Call-2021-Preliminary-Results-log-in-details.pdf 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 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 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.: RCS&RDS wins the frequency rights in the 800 MHz, 2600 MHz and 2600 MHz in Romania

BUCHAREST, Romania, 28-Oct-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that on October, 27, 2021, the Portuguese Authority for Telecommunications (ANACOM) finalised the auction which began on December 22, 2020, for the allocation of the frequency user rights in the 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz bands.

ANACOM designated the Group’s Portuguese subsidiary, Dixarobil Telecom, Sociedade Unipessoal, Lda. (Dixarobil) as winner of the frequency user rights in the 900 MHz (2×5 MHz), 1800 MHz (2×5 MHz), 2.6 GHz (2×5 MHz FDD and 25 MHz TDD), 3.6 GHz (40MHz) bands. The total price of the frequency user rights is EUR 67.34 million.

The user rights will be finally allotted thorough a decision to be taken by ANACOM’s Board of Directors, in the following period.

The Company welcomes ANACOM’s decision which will allow the Group to expand its business on the Portuguese market, in order to provide high quality, affordable telecommunication services, based on the latest technologies.

SOURCE: EuropaWire

Digi Communications N.V. posts its Q3 2021 Financial Results

BUCHAREST, Romania, 12-Nov-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q3 2021 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 the Q3 2021 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/see-file/Conf-Call-Q3-2021-Financial-Results-log-in-details.pdf and pre-register for the call. The deadline for pre-registration is until 12:00 UK time/ 14:00 EEST (Romania local time).

SOURCE: EuropaWire

Digi Communications N.V. to hold its Q3 2021 financial results Investors Call on 12 November 2021

BUCHAREST, Romania, 4-Nov-2021— /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, Thursday, 4 November 2021, at 12:00 PM CET, at the offices of Freshfields Bruckhaus Deringer LLP, Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands, took place the Company’s extraordinary general meeting (the EGM) with respect to which the Company informed its shareholders and the market through the Convocation notice released on 23 September 2021 (the Convocation Notice).

The EGM was attended by shareholders representing 74.61% of the total number of shares with voting rights, respectively 70,843,023 shares.

Following the debates, the EGM has adopted the following decision regarding the point included on the agenda, in accordance with the Convocation Notice:

  • Appointment of Statutory Auditor – KPMG N.V. as statutory auditor for the 2021 financial year.

The voting results of the EGM, as well as other relevant information on the EGM and the related documents are available on the Company’s website at the section dedicated to the EGM: digi-communications.ro/en/corporate/general-share-holders/digi-communications-n-v-egm-2021

SOURCE: EuropaWire

Digi Communications N.V.’s Portuguese subsidiary Dixarobil Telecom winner in ANACOM’s frequency user rights auction in Portugal

BUCHAREST, Romania, 28-Oct-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that on October, 27, 2021, the Portuguese Authority for Telecommunications (ANACOM) finalised the auction which began on December 22, 2020, for the allocation of the frequency user rights in the 700 MHz, 900 MHz, 1800 MHz, 2.1 GHz, 2.6 GHz and 3.6 GHz bands.

ANACOM designated the Group’s Portuguese subsidiary, Dixarobil Telecom, Sociedade Unipessoal, Lda. (Dixarobil) as winner of the frequency user rights in the 900 MHz (2×5 MHz), 1800 MHz (2×5 MHz), 2.6 GHz (2×5 MHz FDD and 25 MHz TDD), 3.6 GHz (40MHz) bands. The total price of the frequency user rights is EUR 67.34 million.

The user rights will be finally allotted thorough a decision to be taken by ANACOM’s Board of Directors, in the following period.

The Company welcomes ANACOM’s decision which will allow the Group to expand its business on the Portuguese market, in order to provide high quality, affordable telecommunication services, based on the latest technologies.

SOURCE: EuropaWire

Digi Communications NV H1 2021 Financial Results released

BUCHAREST, Romania, 13-Aug-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the H1 2021 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/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 the H1 2021 Financial Results.

To participate please follow the instructions from our website: https://www.digi-communications.ro/en/see-file/Conference-Call-presentation-H1-2021_Financial-Results_log-in-details.pdf and pre-register for the call. The deadline for pre-registration is until 12:00 UK time/ 14:00 EEST (Romania local time).

SOURCE: EuropaWire

Digi Communications N.V.’s Romanian and Spanish subsidiaries sign facility agreements

BUCHAREST, Romania, 27-Jul-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on 21 and 26 July 2021, the Company’s Romanian and Spanish subsidiaries, each acting as borrowers, entered into two facility agreements.

As per the Senior Facility Agreement from December 15, 2020 the details of which were disclosed at that point to the market (please see https://bvb.ro/FinancialInstruments/SelectedData/NewsItem/DIGI-Contractul-de-Facilitate-Senior-incheiata-la-15-decembrie-2020/D0599), an incremental facility was made available to RCS&RDS, which could be established in accordance with the terms and limits set within the Senior Facilities Agreement. Therefore, pursuant to the Senior Facilities Agreement, on 21 July 2021, the Company’s Romanian subsidiary requested the establishment of an incremental facility in an aggregate amount of RON 500,000,000 (the “Incremental Facility”) to be used for the company’s capital expenditure and general corporate purposes. The facility was entered into, besides RCS&RDS as borrower, by and between DIGI Tavkozlesi es Szolgaltato Korlatolt Felelossegu Tarsasag („Digi Hu”), INVITEL Tavkozlesi Zrt (“Invitel”), the Company, Digi Spain Telecom SLU (“Digi Spain”), as original guarantors on one hand and the Original Lenders and BRD-Groupe Société Générale S.A., on the other. The Incremental Facility is not yet drawn. It is available to be drawn at a later stage.

On 26 July 2021, the Company’s Spanish subsidiary, acting as borrower together with the Company, RCS&RDS, Digi Hu and Invitel, as Original Guarantors, Banco Santander S.A. and a syndicate of banks, acting as lenders, entered into a facilities agreement for an initial duration of three and a half years with the possibility of extension up to 5 years, under which Digi Spain was made available: (i) a term loan facility in a total aggregate amount of EUR 57,000,000; (ii) a term loan facility in a total aggregate amount of EUR 65,000,000; and (iii) a revolving facility in a total aggregate amount of EUR 10,000,000 to be used for several purposes, including CAPEX and general corporate purposes.

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

SOURCE: EuropaWire

Digi Communications N.V. 2021 General Shareholders Meeting adopted decisions

BUCHAREST, Romania, 18-May-2021 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that today, Tuesday, 18 May 2021, at 14:00 PM 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 6 April 2021 (the Convocation Notice).

The GSM was attended – either in person or by representative – by shareholders representing 73.54%of the total number of shares with voting rights, respectively 69,656,100 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 2020 (item 2 from the Convocation Notice):

c. Adoption of the 2020 Annual Accounts;
d. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 0.75 RON per share, ex-date – 2 June 2021 and the record date being 3 June 2021. It is expected that the payment date will be on or around 14 June 2021;
e. Release from liability of the members of Board of Directors.
The investors and the market were informed of the 2020 financial results by the publication of the 2020 annual report on 6 April 2021.

3. Remuneration Report for 2020

The general meeting approved by an advisory vote the Remuneration Report for 2020 made public on the Company’s website. The Remuneration Report for 2020 is construed according to the provisions of EU Directive 828/2017 as implemented in The Netherlands.

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 – 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 18 May 2022).

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, 18 May 2021. 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, as defined in article 3 para. (3) from Regulation (EU) 2016/1052 of 8 March 2016.

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

6. Approval of award of stock options to executive and non-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 and non-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:
https://www.digi-communications.ro/en/corporate/general-share-holders/digi-communications-n-v-gsm-2021

SOURCE: EuropaWire

Digi Communications N.V. releases its financial results for the first quarter of 2021

BUCHAREST, Romania, 14-May-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the Q1 2021 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, on 17 May 2021 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2021 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 17 May 2021.

SOURCE: EuropaWire