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Digi Communications N.V. reports a solid Q1 2024 with revenues up 12% YoY

BUCHAREST, Romania, 15-May-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, informs the shareholders and investors that the Q1 2024 Financial Results are available on the Company’s website: https://www.digi-communications.ro/en/investor-relations/shares/financial-results-shares/quarterly-reports-shares  

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.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Management, Investment

Sota Investments Spain OpCo takes over Digi Spain Telecom’s FTTH network in Spain

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.

SOURCE: EuropaWire

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Digi Communications NV 2023 Preliminary Financial Results now available on the company’s website

BUCHAREST, Romania, 28-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the 2023 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 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:

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

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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

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Digi Communications NV to release its unaudited 2023 preliminary financial results on 28 Feb 2024

BUCHAREST, Romania, 21-Feb-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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.

To participate in the call the stakeholders are invited to pre-register at:
https://www.digi-communications.ro/en/investor-relations/shares/financial-calendar

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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Money, Revenues, Stocks, Trading

Digi Communications N.V. published its 2024 Financial Calendar

BUCHAREST, Romania, 23-Jan-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) would like to inform its investors and the market that the Financial Calendar for 2024 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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Stocks, Trading

Digi Communications N.V.’s Non-Executive Director Bogdan Ciobotaru sold 30,000 class B shares of the company

BUCHAREST, Romania, 3-Jan-2024 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Management, Investment

Digi Spain and abrdn sign EUR 300m investment agreement for the expansion of FTTH network in Spain

BUCHAREST, Romania, 22-Mar-2023 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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 Almería, 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 “Network”). 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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Management, Financial Statements, Investment, Money, Profits, Revenues, Stocks, Trading

Digi Communications N.V. releases its 2022 Preliminary Financial Results 

BUCHAREST, Romania, 28-Feb-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) announces that the 2022 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 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.

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 2023.

About Digi Communications N.V.

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, Portugal and Belgium.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Statements, Funds, Investment, Money, Revenues, Trading

Digi Communications N.V. 2023 Financial Calendar

BUCHAREST, Romania, 27-Jan-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy, Portugal and Belgium.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Management, Financial Statements, Investment, Money, Revenues, Stocks, Trading

Digi Communications N.V. held its general shareholders meeting on 28 December 2022 in Amsterdam, The Netherlands

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:

  1. 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.
  2. 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.
  3. Appointment of KPMG NV as Statutory Auditor of the Company
  4. Designation of the Board of Directors as the competent body to repurchase own Class B Shares – based on this approval, the Board of Directors shall have the authority to acquire class B shares 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.
  5. 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).

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-2022/gsm-documents-5

The 2021 approved Annual Report can be consulted by accessing the Company’s website https://www.digi-communications.ro/en/see-file/2021-Annual-Report.pdf

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

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Money, Revenues, Taxes, Trading

Digi Communications N.V. Group publishes the Romanian version of its ANNUAL REPORT for the year ended December 31, 2021

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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Money, Revenues, Stocks, Trading

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

Business, Financial, Financial Information, Financial Management, Financial Statements, Investment, Money, Profits, Stocks, Trading

Digi Communications N.V. to host a conference call on its Q3 2022 financial results on 15 November 2022

BUCHAREST, Romania, 8-Nov-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) 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.

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 15 November 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 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

Business, Financial, Financial Information, Financial Statements, Money, Revenues, Stocks, Trading

Digi Communications N.V. announces November, 7, 2022 as the new estimated date for publishing its Financial Statements

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 (“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, 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.

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 and Portugal.

SOURCE: EuropaWire

Assets, Business, Financial, Financial Information, Financial Statements, Funding, Funds, Investment, Money, Revenues, Stocks, Trading

Digi Communications N.V. announces a new estimated date for publishing of its Financial Statements

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 (“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 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.

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 and Portugal.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Statements, Funding, Investment, Loans, Money, Revenues, Stocks, Trading

Instructions on the payment of Digi Communications N.V. dividend for FY 2021

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.

The detailed instruction on the payment of the dividend is available on the Company’s website, at the „DOCUMENTS REGARDING THE INTERIM DISTRIBUTION OF DIVIDEND FOR THE YEAR 2021” section – https://www.digi-communications.ro/en/corporate/documents-regarding-the-interim-distribution-of-dividend-for-the-year-2021, as well as in the document attached below.

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 (“RGUs”) and a leading provider of telecommunication services in Romania and Spain, with a presence also in Italy and Portugal.

SOURCE: EuropaWire

Business, Financial, Financial Information, Financial Statements, Investment, Money, Revenues, Stocks, Trading

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

Accounting, Business, Financial, Financial Information, Financial Management, Financial Statements, Investment, Money, Revenues, Stocks, Trading

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

Assets, Business, Financial, Financial Information, Financial Management, Financial Statements, Investment, Money, Revenues, Stocks, Trading

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

Assets, Business, Financial, Financial Information, Financial Statements, Investment, Money, Revenues, Stocks, Trading

Digi Communications N.V. updates its 2022 Financial Calendar

BUCHAREST, Romania, 28-Jul-2022 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) informs its shareholders and investors of the update of its 2022 Financial Calendar, in particular regarding the date of publication of the updated Annual Report 2021 (with the Company’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) and the date of holding the General Meeting of Shareholders approving such report.

The change in the 2022 Financial Calendar is due to the fact that the audit process of the Company has not been finalised in the initially estimated timeline despite the sustained efforts from both the Company’s and the auditor’s side, the delay being determined by the timeline of the appointment of the Company’s auditor for 2021 and the corporate changes within the Group (i.e., the sale of the Company’s Hungarian operations), which require the allotment of additional time.

The updated 2022 Financial Calendar is presented in the table below:

EVENT DATE
Publication of 2021 Preliminary Results 28 February 2022
Conference call for the presentation of the 2021 Preliminary Results 28 February 2022
Publication of Quarterly Financial Report for the First Quarter, 2022 (“Q1 2022”) ended 31 March 2022 16 May 2022
Conference call for the presentation of the Quarterly Financial Report for Q1 2022 17 May 2022
Publication of the Annual Report 2021 (including Digi NVs Consolidated financial statements issued as per IFRS EU) 27 May 2022
Publication of Financial Report for the First Half of 2022 (“H1 2022”) ended 30 June 2022 12 August 2022
Conference call for the presentation of H1 2022 Financial Report 12 August 2022
Up-date of the Annual Report 2021 (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) 16 September 2022
General Meeting of Shareholders 31 October 2022
Publication of Quarterly Financial Report for the Third Quarter, 2022 (“Q3 2022”) ended 30 September 2022 15 November 2022
Conference call for the presentation of the Quarterly Financial Report for Q3 2022 15 November 2022

For additional information, please visit:

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

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