BUCHAREST, Romania, 2-Jul-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, would like to inform the market about the availability of the detailed instruction regarding the payment of share dividend for the 2023 financial year, in gross amount of 1.25 lei per share, as approved by the Company’s Ordinary General Shareholders’ Meeting, which was held on the 25th of June 2024.
The payment of the dividend related to 2023 financial year will be carried out on July 22nd, 2024 to the Company’s class B shareholders registered on July 4th, 2024 in the Register of Shareholders held by Depozitarul Central S.A. and to the class A shareholders registered at the same date in the Register of Shareholders held by the Company, ex-date being July 3rd 2024.
The detailed instruction on the payment of dividend is available on the Company’s website, at the „DOCUMENTS REGARDING THE DISTRIBUTION OF DIVIDEND FOR THE YEAR 2023” section, available HERE.
About Digi Communications N.V.
We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 28-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, would like to inform the market and its investors that, on 27 June 2024, the Executive Directors of the Company were granted conditional stock options by the Company pursuant to the decision of the Company’s general meeting of shareholders dated 25 June 2024 and the resolution of the Board of Directors dated 27 June 2024. The number of options of class B shares granted as part of this stock option plan (applicable for the year 2024) amounts to a total of 140,000 stock options (respectively 80,000 for Mr. Serghei Bulgac and 60,000 for Mr. Valentin Popoviciu). The further vesting of all option shares granted will be conditional upon a multiple performance criteria and the passage of a period of time, as indicated in Annex 1 of the Agenda and Explanatory notes published by the Company on 13 May 2024, which can be accessed at the following link: https://www.digi-communications.ro/en/see-file/AGM-2024_Agenda-and-explanatory-notes.pdf
In accordance with the applicable regulations, on 27 June 2024, both executive directors, as persons discharging managerial responsibilities in connection with the Company, have notified the Company, the Romanian Financial Supervisory Authority (ASF) and Autoriteit Financiële Markten (AFM) in connection with the grant of the above-mentioned stock options and the execution between them and the Company of corresponding stock option agreement.
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, 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.
The Company reports consolidated revenues in the first quarter of 2024 (including revenues and other income) of EUR 446.7 million, a 12% increase versus Q1 2023. The adjusted EBITDA for Q1 2024 amounted to EUR 163.1 million (+21.9% YoY), and adjusted EBITDA excluding the IFRS 16 impact was EUR 139.9 million (+23.4% YoY). This performance aligns with the management’s projections for 2024, underpinned by solid growth in strategic markets.
Digi Communications consolidated revenues and other income increased 12% year-on-year in Q1 2024, reaching EUR 446.7 million.
An adjusted EBITDA (excluding IFRS 16 impacts) of EUR 139.9 million, marking a 23.4% rise due to an expanding customer base across Romania, Spain, and Italy.
A significant rise in revenue-generating units (RGUs) across all three markets, approaching the historic milestone of 25 million RGUs – a 14.3% increase year-over-year (YoY) – spanning mobile, fixed internet, Pay TV, and fixed telephony services.
Serghei Bulgac, CEO of Digi Communications, stated: “Following a year of remarkable expansion in 2023, we are thrilled to report a robust first quarter of 2024. Our key markets, Romania and Spain, have maintained strong performance and allowed us to reach a historical milestone of 25 million clients served, across all three markets of activity. This important growth from the first three months of the year was driven by our mobile segment in Spain, which grew by 23.6%, reaching 5 million customers. In parallel, Spain’s broadband segment experienced accelerated growth of 56.7%, now serving 1.5 million users. Romanian mobile users exceeded 6 million with an increase of 16.3% year on year. These figures indicate another year of anticipated growth, aligning with our expectations and capability to meet evolving consumer needs in a competitive landscape. We are committed to continue to deliver superior quality at affordable prices across vibrant European markets, including established regions and new markets in Belgium and Portugal, where we are gearing up for the service launch.”
In Q1 2024, Digi Communications continued its growth trajectory across all service portfolios, registering a 14.3% YoY increase, approaching 25 million RGUs across Romania, Spain, and Italy. The company’s diverse offerings include mobile and fixed-line telephony, broadband data services, and Pay TV. In Romania, Digi operates a state-of-the-art fibre optic network for fixed and mobile telecommunication, broadband and entertainment solutions. In Spain, Digi provides mobile, broadband, and fixed-line services, and in Italy, the Group offers exclusively mobile services.
The mobile division delivers the most revenue-generating user agreements (RGUs) within the Group, accounting for 46.4% of the overall RGUs in the three markets. Maintaining its momentum from past quarters, in Q1 2024, the mobile segment saw the RGUs climb to 11.5 million, a 19.5% YoY increase, covering mobile telephony clients across Romania, Spain, and Italy.
In Romania, the mobile service segment reached 6 million RGUs in Q1 2024, an evolution of 16.3% compared to Q1 2023. Fixed internet services registered an increase of 7.8% YoY in Q1 2024, up to 4.7 million RGUs, while the Pay-TV services (cable and satellite) segment increased by 3.8% compared to Q1 2023, up to 5.7 million RGUs. Adding the fixed-line telephony, the total number of RGUs in the Romanian market amounted to 17.3 million customers as of the end of Q1 2024, a 8.5% YoY increase.
Spanish operations continued to grow well into Q1 2024, with the number of users of fixed services, internet, and mobile telephony increasing by 31.5% compared to Q1 2023 to 7 million RGUs. Mobile users increased by 23.6% to 5 million RGUs, while broadband users increased by 56.7% to 1.5 million.
In Italy, mobile users increased by 18.2% YoY, reaching 435K RGUs as of the end of Q1 2024.
Looking ahead, Digi’s strategic initiatives in Portugal and Belgium are paving the way for future expansions. Digi’s local subsidiaries are preparing to launch commercial services in these two markets in 2024.
In April 2024, Digi Spain announced the sale of its FTTH network across 12 provinces to Sota Investments Spain OpCo, S.L.U., managed by a consortium including Macquarie Capital, abrdn, and Arjun Infrastructure Partners. Valued at up to 750 million euros, this sale will enhance Digi Spain’s liquidity and enable further investment in network expansion. The transaction, reaching approximately 4.25 million homes with plans to expand to 6 million homes within three years, awaits FDI clearance and merger control approval.
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, 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.
BUCHAREST, Romania, 3-Jan-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) would like to inform the market that, in accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, Mr. Bogdan Ciobotaru, Non-Executive Director of the Company, notified the Company on 15 December 2023, in connection with the sale on 14 December 2023 of a number of 30,000 class B shares held in the Company’s share capital. In connection with this transaction, Mr. Bogdan Ciobotaru notified also the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten). Mr. Bogdan Ciobotaru fulfilled the notification requirements under the Company’s internal policies.
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, 22-Mar-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces the conclusion on 21 March 2023 by Digi Spain of an investment agreement with abrdn for financing the roll out of a FTTH network in the provinces of AlmerÃa, Cádiz, Córdoba, Granada, Huelva, Málaga and Sevilla.
As part of its expansion strategy in Spain, Digi Spain is in the process of deploying a FTTH network with the aim of covering up to 2,500,000 homes passed in 124 municipalities in Spain (the “Networkâ€). While the deployment of a part of the Network covering approximately 1,000,000 homes passed is almost complete, the deployment of the rest of the Network covering up to 1,500,000 homes passed will be carried out gradually, over an estimated period of three (3) years.
The deployment of the Network implies an investment amount of up to EUR 300,000,000, which will be committed in substantially equal parts by Digi Spain and abrdn, potentially also involving bank financing. The transaction is concluded with Aberdeen Standard Core Infrastructure III SC Sp., a fund managed by abrdn currently fundraising and investing in the pan-European infrastructure mid-market and is subject to conditions who have to be fulfilled for completion.
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, 28-Feb-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that the 2022 Preliminary Financial Results are available on the Company’s website.
Also today, 28 February 2023 at 14:00 UK time / 16:00 EEST (Romania local time) it will host a conference call to discuss the 2022 Preliminary Financial Results.
We are a European leader in geographically-focused telecommunication solutions, based on the number of revenues 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, 27-Jan-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) would like to inform its investors and the market that the Financial Calendar for 2023 is available on the official website: www.digi-communications.ro (Investor Relations Section/Financial Calendar).
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, 28-Dec-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that today, Tuesday, 28 December 2022, at 2:00 PM CET, 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 16 November 2022 (the Convocation Notice). The GSM was attended – either in person or by representative – by shareholders representing 76.85% of the total number of shares with voting rights, respectively 73,009,486 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 2021 (item 2 from the Convocation Notice):
c. Adoption of the 2021 Annual Accounts;
d. Approval of dividend distribution that was declared and paid as an interim dividend distribution as per Board Resolution from 1 September 2022;
e. Release from liability of the members of Board of Directors.
The investors and the market were informed of the 2021 financial results by the publication of the 2021 annual report on 16 November 2022.
Remuneration Report for 2021
The general meeting approved by an advisory vote the Remuneration Report for 2021 made public on the Company’s website. The Remuneration Report for 2021 is construed according to the provisions of EU Directive 828/2017 as implemented in The Netherlands.
Appointment of KPMG NV as Statutory Auditor of the Company
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 28 December 2023).
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, 28 December 2022. 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.
Approval of award of stock options to an executive director
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 an executive director 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).
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, 28-November-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. informs the shareholders and investors that the Romanian translation of the Annual Financial Report for the year ended December 31, 2021 is available on the Company’s website (www.digi-communications.ro), under the Investor Relations section.
About Digi Communications N.V.
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-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) 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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
BUCHAREST, Romania, 8-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi†or the “Companyâ€) announces that on 15 November 2022 at 14:00 UK time/ 16:00 EEST (Romania local time) it will host a conference call to discuss the Q3 2022 financial results.
A recording of the conference call will be available on our website for 30 days:Â www.digi-communications.ro
About Digi Communications NV
We are an European leader in geographically-focused telecommunication solutions, based on the number of revenue generating units (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.
BUCHAREST, Romania, 12-Oct-2022 — /EPR FINANCIAL NEWS/ — The Company would like to inform its investors and the market that on October 11, 2022 the Company’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 (“IFRSâ€) as adopted by the European Union (“EUâ€) and Part 9 of book 2 of the Dutch civil code (“Financial Statementsâ€).
As per KPMG’s notification, the newly estimated date for publishing the Company’s Financial Statements is November, 7, 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.
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, 26-Sep-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that on September 26, 2022 the Company’s Statutory Auditor informed the Company of an up-date regarding the estimated 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 (“IFRSâ€) as adopted by the European Union (“EUâ€) and Part 9 of book 2 of the Dutch civil code (“Financial Statementsâ€).
As per KPMG’s notification, the newly estimated date for publishing the Company’s Financial Statements is around October 14, 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.
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, 6-Sep-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform its investors and the market that Digi has made available the detailed instruction regarding the payment of the dividend in gross amount of 0.85 lei per share, as approved by the Resolutions of the Board of Directors of DIGI Communications N.V. dated the 1st of September 2022.
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, 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 (“IFRSâ€) as adopted by the European Union (“EUâ€) 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 (“RGUsâ€) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.
