Tag Archives: stock option programme

Digi Communications NV: Digi Spain extends Spanish MVNO Agreement

BUCHAREST, Romania, 9-Oct-2020 — /EPR FINANCIAL NEWS/ — DIGI COMMUNICATIONS N.V.  (BVB: DIGI) (The Company) would like to inform its investors and the market that on October, 8 the Company’s subsidiary from Spain (Digi Spain) and Telefonica Moviles España, S.A. (TME) agreed to extend the duration of the agreement regarding Digi Spain’s access to TME’s radio spectrum and mobile communication network and infrastructure (“The Spanish MVNO Agreement”) until September 30, 2026.

About Digi Communications NV

Digi is the parent holding company of RCS & RDS, a leading provider of pay TV and telecommunications services in Romania and Hungary. In addition, RCS & RDS provides mobile services as an MVNO to the large Romanian communities living in Spain and Italy, and in Spain it also provides fixed internet and data and fixed-line telephony services.

SOURCE: EuropaWire

Digi Communications NV 1H-2020 Financial Results now available

BUCHAREST, Romania, 14-Aug-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that H1 2020 financial results are available on the Company’s website.

For details, please see:


SOURCE: EuropaWire

Digi Communications N.V.: Independent Limited Assurance Report issued on 30 Jul 2020 now available on BVB, ASF and Dutch AFM

BUCHAREST, Romania, 30-Jul-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (“Digi” or the “Company”) announces that on July 30, 2020, the Independent Limited Assurance Report issued by the external auditor of the Company on 30 July 2020 regarding the information included in the current reports issued by the Company under Law 24/2017 (Article 82) and FSA Regulation no. 5/2018 was made publicly available on the Romanian Stock Exchange (“BVB”) and the Company’s website, while also being available with the Romanian Financial Supervisory Authority (“ASF”) and the Dutch Authority for Financial Markets (“AFM”).

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

SOURCE: EuropaWire

RCS&RDS gets anti-trust body approval for its deal with Akta Telecom, Digital Cable Systems and ATTP Telecommunications

BUCHAREST, Romania, 27-Jul-2020 — /EPR FINANCIAL NEWS/ — The Company would like to inform its investors and the market that on July 24, 2020, the Competition Council issued the decision no. 38/21.07.2020 („RCC Decision”), authorising the economic concentration acomplished by RCS&RDS through gaining sole control over certain assets pursuant to the agreements entered into on 28 November 2019 („Agreements”) between the Company’s Romanian subsidiary, hereinafter referred to as „Assignee” and Digital Cable Systems S.A., AKTA Telecom S.A., respectively ATTP Telecommunicatios S.R.L., hereinafter referred together as “Assignors”.

Under these Agreements, RCS&RDS will operate the networks of the Assignors and will provide communications services to the clients, in exchange of the payment by RCS & RDS of a rent.

The condition precedent under the Agreements of obtaining the Competition Council’s authorisation is now met; the non-object decision being subject to RCS&RDS complying with the commitments it had offered and that were accepted by the competition authority („Commitments”).

The Commitments were offered by RCS&RDS in order to address the Competition Council’s concerns regarding the merger and they are broadly two sided, refering to:

– the relationship between RCS&RDS and the clients who will become RCS&RDS customers pursuant to the Agreements, and

– the relationship between RCS&RDS and the Tv Channel providers.

The Commitments regarding the clients will be binding for a period of three years as of the date of the authorisation and they mainly refer to the undertaking made by RCS&RDS to upgarde the networks and to provide to at least 95% of the clients communications services of the same technical quality as offered to its existing customers. In addition, RCS&RDS has to offer to all customers the opportunity to benefit from the packages and prices offered by RCS&RDS to its existing customers and refrain from price increases during the three year period under review.

The commitment regarding TV Channel providers is binding for a five-year period as of the date of the authorisation. The commitment refers to the undertaking made by RCS&RDS that, in case it does not reach a commercial agreement with any TV Channel provider for inclusion of such channel into its Basic TV Package, then it will offer the provider the possibility to carry such channel as a pay tv offering which shall be provided to customers in exchange for an additional charge. The price of such pay tv channel will be mainly determined by the TV Channel provider.

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

SOURCE: EuropaWire

Digi Communications N.V. grants stock options to certain employees and managers of its Romanian Subsidiary

BUCHAREST, Romania, 19-May-2020 — /EPR FINANCIAL NEWS/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that the Board of Directors of the Company has approved the grant of stock options for the benefit of certain employees and managers of RCS&RDS S.A., its Romanian subsidiary and of DIGISOFT IT SRL, a subsidiary of RCS&RDS S.A. The options granted are for a number of 185,500 Class B shares. The vesting of such options is conditional upon fulfillment of several performance criteria, with the vesting period being a minimum of 1 year.

SOURCE: EuropaWire