Tag Archives: stock option plans

Digi Communications N.V.: After the new share conversion the issued share capital of the Company has been reduced to Euro 6.810.042,52

BUCHAREST, Romania, 19-Feb-2019 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that, by notice no 5,392/19.02.2019, the Central Securities Depository in Romania informed the Company that, on 18 February 2019, it registered the conversion of 1,200,000 A shares into an equal number of class B shares (the Conversion). The Conversion resulted into an increase with 1,200,000 shares of the class B share capital, each new class B share having a nominal value of 0.01 Euro / share. As a result of the Conversion, the allocation of the new 1,200,000 class B shares was made to the Company (as holder of treasury shares).

The registration of the additional 1,200,000 class B shares was performed based on the certificate for the registration of the financial instruments no AC-4501-2/06.02.2019 issued by the Financial Supervisory Authority (ASF).

After the Conversion, the issued share capital of the Company has been reduced to Euro 6.810.042,52, divided as follows:

-64,556,028 class A shares having a nominal value of Euro 0.10 each, and
-35,443,972 class B shares having a nominal value of Euro 0.01 each.

We enclose to this communication the certificate for the registration of the financial instruments issued by the ASF, as well the notice transmitted by the Central Securities Depository in Romania regarding the changes operated in the shareholders’ register of the Company.

SOURCE: EuropaWire

Dan Ioniță, Co-CFO of Digi Communications N.V. exercised stock option for 10,000 class B shares

BUCHAREST, Romania, 19-Feb-2019 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that, on 15 February 2019, Mr. Dan Ioniță, Co-Chief Financial Officer of the Company, exercised his stock option with respect to 10,000 class B shares, which are expected to vest in accordance with the provisions of the respective Company’s stock option plan that was approved by the Company’s board of directors from 28 December 2017 and with the Company’s policies.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 15 February 2019, Mr. Dan Ioniță, as person discharging managerial responsibilities in connection with the Company, has notified the Company and on 19 February 2019 has notified the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM) in connection with the exercise of the above-mentioned stock options.

SOURCE: EuropaWire

Digi Communications N.V. Co-CFO Smaranda Ștreangă exercised her 3,000 class B shares stock option expected to vest in accordance with the provisions of the Company’s stock option plan

BUCHAREST, Romania, 15-Jan-2019 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that, on 13 January 2019, Mrs. Smaranda Ștreangă, Co-Chief Financial Officer of the Company, exercised her stock option with respect to 3,000 class B shares, which are expected to vest in accordance with the provisions of the respective Company’s stock option plan that was approved by the Company’s board of directors from 28 December 2017 and with the Company’s policies.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 14 January 2019, Mrs. Smaranda Ștreangă, as person discharging managerial responsibilities in connection with the Company, has notified the Company, the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM) in connection with the exercise of the above-mentioned stock options.

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

SOURCE: EuropaWire

Digi Communications N.V. to convert 1,200,000 class A shares held by the Company in treasury into an equal number of class B shares

BUCHAREST, Romania, 15-Jan-2019 — /EPR FINANCIAL NEWS/ — The Company would like to inform the market and its investors that, on 14 January 2019, the Board of Directors of the Company decided to convert 1,200,000 class A shares held by the Company in treasury into an equal number of class B shares (the “Conversion”). The Conversion performed in accordance with article 5 from the Company’s articles of association was duly recorded with the Dutch trade register with effect on 14 January 2019. Given the difference in the nominal value between a class A share (Euro 0.1) and a class B share (Euro 0.01) of the Company, in accordance with article 5 (4) from the Company’s articles of association, the Conversion resulted in a decrease by Euro 0.09 in nominal value per class A share subject of the Conversion (in total – Euro 108.000). This amount will be added to the general equity reserves of the Company. The Conversion will also need to be duly recorded with the Financial Supervisory Authority and with the Central Securities Depository in Romania.

The class B shares resulting from the Conversion will be used by the Company (in addition to the existing treasury class B shares and to the class B shares repurchased through the ongoing buy-back program) for the purpose of the several ongoing Company’s subsidiaries employees and managers stock option plans having a vesting period as follows: the stock option plan involving the Romanian employees, directors and officers of RCS & RDS S.A. and of other Romanian subsidiaries of the Company (with an estimated vesting calendar between – December 2018 – November 2019, with the majority of shares vesting during January – February 2019); the stock option plan involving the employees and officers of the Spanish subsidiary of the Company and an additional stock option plan involving a limited number of directors and managers of RCS & RDS S.A. (expected to reach vesting in May – June 2019), as well as the stock option plan involving the Company’s executive and non-executive directors in accordance with the Company’s general shareholders resolutions from 2 May 2018. For more details in connection with the above-mentioned stock option plans, the structure of the Company’s share capital and the ongoing buy-back program, please refer to the Company’s previous releases and communications to the market.

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

SOURCE: EuropaWire