BUCHAREST, Romania, 21-Feb-2025 — /EuropaWire/ — Digi Communications N.V. has announced it will host a conference call on 28 February 2025 to present and discuss the company’s preliminary financial results for the year 2024. The call will take place at 14:00 UK time / 16:00 EET (Romania local time), and will be conducted in English. The unaudited financial results will be published earlier the same day, at 08:00 am EET.
The call will be led by Serghei Bulgac, the company’s CEO, and Dan Ionita, CFO of Digi Communications. The two executives will provide insights into the company’s performance and financial outcomes for the year.
Stakeholders who wish to participate in the call are encouraged to pre-register at the provided link before the registration deadline of 28 February 2025, 12:00 UK time / 14:00 EET (Romania local time).
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.
BUCHAREST, Romania, 9-Dec-2024 — /EuropaWire/ — Digi Communications N.V. (DIGI), a leading European telecommunications provider listed on the Bucharest Stock Exchange, has announced two significant financing agreements to enhance its operational capacity and expand its telecommunications infrastructure across multiple European markets.
Digi Romania, a subsidiary of DIGI, along with the parent company and Digi Spain Telecom, acted as guarantors in these agreements. The first is a Syndication and Amendment Agreement to the original Facility Agreement with ING Bank N.V., increasing the commitment from €150 million to €220 million with a five-year maturity period. This agreement also introduces a group of new lenders, including Banca Transilvania, BRD – Groupe Société Générale, Citibank Europe, ING Bank Amsterdam – Bucharest Branch, Banca Comerciala Intesa Sanpaolo Romania, Raiffeisen Bank, and UniCredit Bank.
The second agreement is an Export Credit Facility worth €61.9 million, arranged with ING Bank N.V., to finance the purchase of goods and services essential for developing Digi’s telecommunications networks in Romania, Spain, Portugal, and Belgium.
These agreements underscore DIGI’s strategic commitment to strengthening its market presence and investing in cutting-edge infrastructure.
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.
BUCHAREST, Romania, 15-Nov-2024 — /EuropaWire/ — Digi Communications N.V., a prominent European telecommunications provider listed on the Bucharest Stock Exchange, has announced the release of its Q3 2024 financial results. The report highlights strong growth, with consolidated revenues of €1.414 billion in the first nine months of 2024, a 13% increase compared to the same period in 2023. Adjusted EBITDA, excluding the impact of IFRS 16, rose by 18.4% year-on-year to €435.4 million, driven by the expansion of the customer base across multiple markets.
In Q3 2024 alone, the company achieved revenues of €492.5 million, a 13.6% year-on-year increase. The quarter’s adjusted EBITDA reached €150.8 million, reflecting a 16.6% growth compared to Q3 2023. The total number of revenue-generating units (RGUs) surpassed 26 million by the end of September 2024, marking a 13.5% year-on-year increase across Romania, Spain, and Italy.
Romania remains a cornerstone of Digi’s operations, with RGUs growing by 7.4% year-on-year to 17.9 million, led by mobile services, which grew by 13.7% to 6.4 million RGUs. In Spain, the company recorded a 30% increase in RGUs, reaching 7.9 million, with broadband services showing a remarkable 45.7% growth. Italy also saw positive momentum, with mobile RGUs growing by 16.1% year-on-year.
The company expanded its footprint in Portugal with the launch of commercial operations in November 2024, offering a full suite of telecommunication services, including fiber broadband, mobile voice and data, television, and fixed telephony. Digi’s modern infrastructure in Portugal already covers 93% of the population, with plans for continued network expansion. Additionally, Digi announced plans to introduce services in Belgium.
Serghei Bulgac, CEO of Digi Communications, highlighted the company’s achievements, stating, “2024 is proving transformative for Digi Communications, driven by strategic growth in established markets and successful expansion into new territories like Portugal. Our focus on organic growth and strategic acquisitions has solidified our position as a leader in delivering innovative and affordable telecom solutions across Europe.”
This performance underscores Digi Communications’ strategy to combine customer-focused service expansion with advanced infrastructure development, positioning it as a key player in the European telecommunications sector. For more information, visit the company’s website or contact investor relations at investor.relations@digi-communications.ro.
BUCHAREST, Romania, 7-Nov-2024 — /EuropaWire/ — Digi Communications N.V. (“Digi”) will host a conference call on November 14, 2024, at 14:00 UK time / 16:00 EEST (Romanian local time) to discuss its Q3 2024 financial results. The company plans to release its unaudited financial results earlier that day at 08:00 EEST.
The conference call, held in English, will be led by Digi’s CEO, Serghei Bulgac, and CFO, Dan Ionita. Interested stakeholders are encouraged to pre-register for the call by visiting Digi’s investor relations page at the link below. Pre-registration will remain open until 12:00 UK time / 14:00 EEST on November 14.
About Digi Communications N.V.
Digi is a prominent European telecommunications provider, specializing in geographically-focused solutions with a strong presence in Romania and Spain, and expanding services in Italy, Portugal, and Belgium.
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;
4. Appointment 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).
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.
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.
BUCHAREST, Romania, 5-Apr-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market that on 4 April 2024, Digi Spain concluded an asset sale and purchase agreement with Sota Investments Spain OpCo, S.L.U., a company controlled by a consortium comprising Macquarie Capital, abrdn and Arjun Infrastructure Partners, leading international infrastructure investors, for the sale by DIGI Spain of a FTTH network in 12 provinces across the regions of Madrid, Segovia, Avila, Castilla-La Mancha, Comunidad Valenciana and Murcia, Spain (the “Network”), for a consideration of up to EUR 750,000,000. The Network currently comprises approximately 4,250,000 homes passed, with the aim of comprising a total of 6,000,000 homes passed. The deployment of the rest of the Network will be carried out gradually, over an estimated period of three (3) years.
The transaction is subject to closing conditions, such as foreign direct investment clearance and economic concentration merger control.
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.
BUCHAREST, Romania, 28-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that the 2023 Preliminary Financial Results are available on the Company’s website.
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:
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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 21-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) 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.
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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 7-Nov-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 14 November 2023 at 14:00 UK time / 16:00 EEST (Romania local time), the Company will host a conference call to discuss its Q3 2023 financial results. The Company will publish its consolidated financial results as of 30.09.2023 on the same day, 14 November 2023 at 8:30 am EEST.
The call will be held in English language, and it will be hosted by the Company’s CEO, Mr. Serghei Bulgac, and the co-CFO, Mr. Dan Ionita.
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 28-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) informs the market that Mr. Valentin Popoviciu, executive director of the Company, exercised its right to receive a number of 50,000 class B shares from the share capital of the Company, for the year 2022, as per the conditional share options granted on 19 May 2022 and in accordance with the decision of the Company’s Ordinary General Shareholders’ Meeting, which took place on 18 May 2021 (the OGSM).
The conditional share options have been vested in accordance with the provisions of the Company’s Share Option Plan and the OGSM.
Details regarding the conditional share options granted on 19 May 2022 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 25 August 2023, Mr. Valentin Popoviciu, as person discharging managerial responsibilities within the Company, has 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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
BUCHAREST, Romania, 18-Aug-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) would like to inform the market and its investors that today, Friday, 18 August 2023, at 2:00 PM CET, at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam Office), Strawinskylaan 10, 1077 XZ Amsterdam, the Netherlands, the Company’s general shareholders’ meeting (the GSM) took place with respect to which the Company informed its shareholders and the market through the Convocation notice released on 7 July 2023 (the Convocation Notice).
The GSM was attended by shareholders representing 74,03% of the total number of shares with voting rights, respectively 70,458,884 shares.
Following the debates, the GSM has adopted the following decisions regarding the points included on the agenda, in accordance with the Convocation Notice:
The Annual Report of the Company for 2022 (item 2 from the Convocation Notice): c. Adoption of the 2022 Annual Accounts; d. Distribution of dividend – based on the approval, the Company will distribute a gross dividend of 1 RON per share, ex-date –30 August 2023 and the record date being 31 August 2023. It is expected that the payment date will be on or around 14 September 2023; e. Release from liability of the members of the Board of Directors. The investors and the market were informed of the 2022 financial results starting with 5 July 2023 when the 2022 annual report was published.
Remuneration Report for 2022 The general meeting approved by an advisory, non-binding vote the Remuneration Report for 2022 made public on the Company’s website. The Remuneration Report for 2022 is construed according to the provisions of EU Directive 828/2017 as implemented in The Netherlands.
Appointment of Statutory Auditor for the 2023 financial year The general meeting approved the appointment of KPMG Accountants N.V. as the statutory auditor of the Company for the financial year ending 31 December 2023.
Designation of the Board of Directors as the competent body to repurchase own Class B Shares The general meeting approved the designation of the Board of Directors as the competent body to repurchase own class B shares. In accordance with article 10 of the articles of association, the general meeting granted the Board of Directors the authority to acquire class B shares in the share capital of the Company through purchases effected on the stock exchange via trading on the regular market on which the class B shares are listed and/or through other means (including public tender offers), for a period of 18 months from the date of this general meeting, i.e. up to and including 17 February 2025, in compliance with the applicable law, subject to the following conditions: • the authority of the Board of Directors shall be limited to a maximum of 3,000,000 class B shares; • transactions effected on the stock exchange via trading on the regular market on which the class B shares are listed will be subject to a maximum price per class B share equal to the average of the highest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of the Bucharest Stock Exchange plus 10% (maximum price) and to a minimum price per class B share equal to the average of the lowest price on each of the five trading days prior to the date of acquisition, as shown in the Official Price List of Bucharest Stock Exchange minus 10% (minimum price); • transactions effected through other means (including public tender offers) will be subject to a maximum price per class B share of RON 40 (maximum price) and a minimum price of no less than RON 35 (minimum price).
Any buy-back of shares will be conducted by way of a share buy-back program in line with applicable EU rules. The launch of such program and the determination of its terms and conditions is subject to a decision of the Board of Directors. The Board of Directors intends to appoint an independent specialized trading / brokerage firm to execute any such buyback. Further, any buy-back program may be suspended, discontinued or modified at any time for any reason and without previous notice in the Company’s sole discretion in accordance with applicable laws and regulations. Neither the authorization requested, nor the subsequent launch of any share buy-back program obligates the Company to buy-back any class B shares.
We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 5-Jul-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) informs the shareholders and investors that the Annual Financial Report for the year ended December 31, 2022 is available starting with 5 July 2023 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.
About Digi Communications NV
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
BUCHAREST, Romania, 29-Jun-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) has announced that the Company’s Statutory Auditor informed the Company of an up-date regarding the date when the auditor’s opinion will be available, so that the Company can publish its statutory consolidated and stand-alone financial statements prepared in accordance with International Financial Reporting Standards (“IFRSâ€) as adopted by the European Union (“EUâ€) and Part 9 of book 2 of the Dutch civil code (“Financial Statementsâ€).
The newly estimated date for publishing the Company’s Financial Statements is July, 7, 2023.
The General Meeting of Shareholders will be held after the publication of the Financial Statements, with the due observance of the minimum period of time necessary to inform the Company’s shareholders.
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
BUCHAREST, Romania, 15-May-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that the Q1 2023 financial results are available on the Company’s website.
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 8-May-2023 — /ERP FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 15 May 2023 at 14:00 UK time/16:00 EEST (Romania local time) it will host a conference call to discuss the Q1 2023 Financial Results.
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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 25-Apr-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on, 24 April 2023, RCS & RDS S.A. (the Company’s subsidiary in Romania – “RCS & RDSâ€), as borrower, together with the Company and Digi Spain Telecom S.L.U. as original guarantors and ING Bank N.V., as original lender, arranger, facility agent and ECA agent, have concluded two export credit facilities agreements in a total amount of EUR 132,682,761.21, to be used with the purpose of financing the purchase of good and services for developing the Romanian and Portuguese telecommunications networks of the Company’s subsidiaries.
About Digi Communications NV
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
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 &RDSâ€), 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 “SFAâ€) 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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
