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Digi Communications N.V. approves the distribution of an interim dividend

BUCHAREST, Romania, 1-Sep-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on September 1, 2022 the Company’s Board of Directors approved the distribution of a gross dividend in cash of 0.85 RON per outstanding share, which totals to an amount of RON 80,711,251.05, equivalent to approximately EUR 16,605,544.92, translated at the exchange rate reported by the National Bank of Romania applicable on 31.08.2022.

The class B shares will be quoted ex-dividend from 13 September 2022 and the record date for the dividend shall be 14 September 2022. It is expected that the dividend will be paid on or around 28 September 2022.

The Company also informs the market and investors that, due to a longer than initially estimated audit process, the Company will not 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, on 16 September, as previously announced and that, consequently, the Company’s General Shareholders Meeting will be postponed. We expect to publish the financial statements in the first week of October.

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

Luxembourg fund servicing firm Fidupar goes live with Framework’s investment and operations platform

LONDON, 13-Dec-2021 — /EPR FINANCIAL NEWS/ — Framework, a specialist provider of middle and back-office technology for private markets, announces today that Luxembourg based fund advisory and administration company Fidupar S.A. is now live on Framework Core (Core) to support their Investor Services, Fund Accounting, General Ledger, and Reporting functions. Having implemented Core, Fidupar, who has seen a surge of interest in its services, can deliver sophisticated investor services to its clients, as well as an improved way to navigate the changes to existing and new regulations within the private assets market.

Nicolas Montagne, Managing Director of Fidupar, said: “Framework’s dedication in supporting and ensuring a smooth transition to our new robust platform was second to none, they clearly listened to our needs and upcoming challenges as a fund servicer. We are confident that with Core in place our clients can expect superior service. Choosing Framework as a software partner was the right decision for our business.”

With Core now embedded, Fidupar has access to a powerful tool that optimises its operational efficiency for its administrative functions, including transaction management, accounting and valuations – on a secure and open architecture cloud-hosted platform. Core also incorporates robust and flexible reporting capabilities and shareholder services including automated investor communications.

In addition to a favourable legal and tax regime, one of the main draws of Luxembourg is the highly-skilled, multilingual staff who can provide tailor-made services for international clients as are found at Fidupar. This commitment to responsiveness and focusing on the needs of customers was an attribute that Fidupar recognises in Framework too.

Craig Tyzack, Head of Delivery & Operations of Framework added: “Working with the Fidupar team allowed us to solidify the reasons they chose Framework as their software provider throughout the implementation process. We focused on understanding Fidupar’s requirements and used our industry knowledge to customise our solution to those needs. Delivering a user-friendly, robust platform to our clients is paramount.”

About Framework
Framework, founded in 2000, is a specialist provider of middle and back-office technology for private markets. Since being acquired by BRD Investments in 2016, Framework is committed to advancing open, flexible digital solutions for asset owners, managers and administrators and the evolution of private asset funds. A significant number of platform and product enhancements have been undertaken, many specifically to address the current and future requirements of leading sophisticated private asset administrators.

Framework holds a leading position with Development Bank customers in Europe and North America and in particular the UK, and services several industry-leading independent or bank-owned asset managers in Europe and the Middle East.

About Fidupar
Part of the Elate Group, Fidupar was formed at the beginning of 2000 by the contribution of the activity of the financial engineering departments of two major banks in the Luxembourg financial centre.

By focusing on the needs of our customers, we have grown considerably with the deep commitment to our historical values: responsiveness, creativity, commitment, and ambition, while maintaining a high level of ethics.

With multilingual staff specialised in different sectors, we provide tailor-made services for our international clients. Our multidisciplinary teams work in close collaboration with our clients in the realization of their projects.

SOURCE: EuropaWire

Digi Communications N.V. to hold EGM for the appointment of KPMG N.V. as its Statutory Auditor for FY2021

BUCHAREST, Romania, 23-Sep-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 23 September 2021, the Board of Directors of the Company convenes the extraordinary general meeting of shareholders (the “EGM”) of the Company (Digi Communications N.V.), to be held on Thursday, 4 November 2021 at 12:00 p.m. CET (13:00 p.m. EET), at the offices of Freshfields Bruckhaus Deringer LLP (Amsterdam office), Strawinskylaan 10, 1077 XZ Amsterdam, The Netherlands.

The EGM is convened in order to appoint KPMG N.V. as the Company’s Statutory Auditor for the financial year 2021, replacing the Company’s former statutory auditor (i.e., Ernst & Young Accountants LLP) that was appointed by the annual general meeting of 18 May 2021. This proposal follows Ernst & Young Accountants LLP’s decision to cease their services due to reasons not related to the Company.

Ernst & Young Accountants LLP’s notification occurred outside of the typical financial reporting cycle and, as a result, the Company expects to be late with the issuance of 2021 statutory audited financial statements, also for reasons related to standard audit procedures and inherent processes and requirements related to onboarding of new clients by an audit firm.

On or before 31 July 2022, the Company estimates that it will publish the audited statutory consolidated and stand-alone financial statements issued in accordance with Dutch accounting standards applicable to our Company (i.e., IFRS as adopted by the European Union and Part 9 of book 2 of the Dutch civil code). The annual General Shareholders Meeting to, inter alia, approve the statutory consolidated and stand-alone financial statements will then only be convened upon publication of the same.

Nevertheless, the Company will disclose to the market the relevant management information, including management accounts on 30 April, 2022. Therefore, the Company will publish the 2021 annual report accompanied by audited non-statutory consolidated financial statements issued in accordance with International Financial Reporting Standards (“IFRS”) as adopted by the European Union.

The topic of the EGM is the proposal of KPMG N.V. as the Company’s statutory auditor for the 2021 financial year.

We kindly invite investors 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 EGM.

The document named ‘Agenda and explanatory notes’ contains a detailed description regarding the item for the EGM.

Any shareholder interested in attending or voting at the EGM 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). The shareholders will also be provided with the possibility to cast their votes via Evote by ING (please see the convening notice attached this report).

SOURCE: EuropaWire

Digi Communications N.V. approves 39,000 stock options for RCS&RDS employees

BUCHAREST, Romania, 25-Aug-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that the Company’s Board of Directors has approved the grant of a number of 39,000 stock options within the stock option programme granted to the benefit of employees of the Company’s Romanian subsidiary, RCS&RDS S.A, pursuant to the Company’s Stock Option Plan.

The vesting of the options is conditional upon the fulfilment of the performance criteria, with the vesting period being set at a minimum of 1 year as of the grant date.

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 NV grants conditional stock options to several of its Directors

BUCHAREST, Romania, 20-May-2021 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that, on 19 May 2021, Mr. Serghei Bulgac (Chief Executive Officer and Executive Director of the Company), Mr. Valentin Popoviciu (Executive Director of the Company) and Mr. Bogdan Ciobotaru (Non-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 18 May 2021. The total number of options of class B shares granted as part of this stock option plan (applicable for the year 2021) amounts to 160.000. 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-1.pdf (the Agenda and Explanatory notes published by the Company on 6 April 2021, Annex I and II).

In accordance with the applicable regulations, on 19 May 2021, Mr. Serghei Bulgac, Mr. Valentin Popoviciu and Mr. Bogdan Ciobotaru, 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

Digi Communications N.V. amends its 2021 Financial Calendar

BUCHAREST, Romania, 6-May-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS NV would like to inform its investors and the market that an Amendment to the 2021 Financial Calendar, is available on the Company’s official website (Investor Relations Section/Financial Calendar):
https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

SOURCE: EuropaWire

Digi Communications N.V. to host Q1 2021 Financial Results conference call on 17 May 2021

BUCHAREST, Romania, 6-May-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that 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.

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

SOURCE: EuropaWire

Digi Communications N.V.’s 2021 Annual General Shareholders Meeting will be held on 18 May 2021

BUCHAREST, Romania, 6-Apr-2021 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, 6 April 2021, the Board of Directors of the Company convenes the general shareholders meeting (the “GSM”) of the Company (Digi Communications N.V.), to be held on Tuesday, 18 May 2021 at 14:00 p.m. CEST (15:00 p.m. EEST), 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 2020 Annual Report (including the annual report, the financial statements – consolidated and stand-alone – and the auditor report);
-approval of the distribution of a gross dividend of RON 0.75 per share; ex-date – 2 June 2021, the record date for the dividend – 3 June 2021, and the payment date on or around – 14 June 2021;
-release from liability of the members of the Board of Directors;
-remuneration report for 2020 (advisory, non-binding vote);
-appointment of the statutory auditor for the the financial year ending December 31, 2021;
-designation of the Board of Directors as the competent body to repurchase own Class B Shares;
-approval of award of stock options to executive and non-executive directors.

We kindly invite the market to visit the Company’s website at
http://www.digi-communications.ro/en/general-share-holders (for English readers) and at http://www.digi-communications.ro/ro/aga (for Romanian readers) to review the documentation package for the GSM.

The above-mentioned section from the Company’s website also contains the English and Romanian complete versions of the 2020 Annual Report, the 2020 Consolidated and Stand-alone Financial Statements of the Company, as well as the Independent Auditor’s Report.

The document named ‘Agenda and explanatory notes’ contains detailed descriptions regarding the items for the GSM.

Any shareholder interested in attending or voting at the GSM needs to follow the procedures set out in the articles of association of the Company (available at http://www.digi-communications.ro/en/corporate-governance) and on the ‘Convocation Notice’ available at http://www.digi-communications.ro/en/general-share-holders).

Also, the Company would like to announce that Digi Communications N.V. Group’s Annual Report for the year ended December 31, 2020 is available starting with April, 6 2021 also on the Company’s website (www.digi-communications.ro), under the section Investor Relations.

ANNUAL GENERAL MEETING OF DIGI COMMUNICATIONS N.V. (THE COMPANY) TO BE HELD ON TUESDAY, 18 MAY 2021, AT 14:00 PM CEST AT THE OFFICES OF FRESHFIELDS BRUCKHAUS DERINGER LLP (AMSTERDAM OFFICE), STRAWINSKYLAAN 10, 1077 XZ AMSTERDAM, THE NETHERLANDS

AGENDA

1. Opening
2. Annual Report 2020

a. Board report 2020 (discussion item)
b Dividend and Reservations Policy (discussion item)
c. Adoption of the 2020 Annual Accounts (voting item)
d. Distribution of dividend (voting item)
e. Release from liability of the members of Board of Directors (voting item)

3. Remuneration Report for 2020
Remuneration Report for 2020 (advisory, non-binding vote)
4. Appointment of Statutory Auditor
Proposal to appoint Ernst & Young Accountants, LLP, Netherlands as the statutory auditor of the Company for the financial year 2021 (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 executive and non-executive directors. Authorize the Board of Directors to decide upon the award of stock options to executive and non – executive directors of the Company (voting item)

7. Close of Meeting

SOURCE: EuropaWire

Changes in Digi Communications N.V. 2021 Financial Calendar

BUCHAREST, Romania, 10-Mar-2021 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V. would like to inform its investors and the market that an Amendment to the Financial Calendar for 2021 is available on the official website (Investor Relations Section/Financial Calendar): https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

SOURCE: EuropaWire

Welcome to EPR Financial News

Welcome to EPR Financial News.

EPR Financial News is a new blog, part of EPR Network, that is going to be focused on and will be covering the financial news and stories from press releases published on EPR Network.

EPR Network (EPR stands for express press release) is one of the nation’s largest press release distribution networks on Web. The EPR’s nationwide network includes 12 State based PR sites, one major PR forum and a number of industry specific PR blogs and what started as a hobby on Internet years ago turned out to be a rapidly growing business today. EPR Network is also known as one of the most trusted (human optimized, published, edited and monitored, spam/scam/low quality PR content free) PR sites on the web with more than 10,000 company and individual press releases distributed per month. EPR Network is putting your press releases on top of all major search engines’ results and is reaching thousands of individuals, companies, PR specialists, media professionals, bloggers and journalists every day.

EPR Network has thousands of clients around the world including global 500 corporations like Hilton Hotels, Barclays Bank, AXA Insurance, Tesco UK, eBay/Skype, Emirates, just to name a few. The network’s PR web sites are currently reaching from 150,000 to sometimes 500,000 unique visitors per month while our viral reach could possibly go to as much as 1M people per month through our presence across various social media sites. EPR Network was established in 2004 and as of May 2008 it had more than 800,000 press releases (pages) published on its network.

If you have a press release to be distributed, you can do it over here: press release distribution