(IN BRIEF) Digi Communications N.V. has granted 20,000 conditional stock options to Mr. Valentin Popoviciu, the Executive Director of the company, based on the approval of the general shareholders’ meeting from December 28, 2022. The vesting of the option shares will depend on performance criteria and a specified time period. Mr. Popoviciu has notified the Company, the Romanian Financial Supervisory Authority, and Autoriteit Financiële Markten about the grant of the stock options and the corresponding agreement. Digi Communications N.V. is a European telecommunications company that provides services in Romania, Spain, Italy, and Portugal.
(PRESS RELEASE) BUCHAREST, Romania, 3-Mar-2023 — /EuropaWire/ — Digi Communications N.V. (The Company) would like to inform the market and its investors that, on 2 March 2023, Mr. Valentin Popoviciu (Executive Director of the Company) was granted by the Company conditional stock options pursuant to the decision of the Company’s general meeting of shareholders dated 28 December 2022. The number of options of class B shares granted of this stock option plan amounts to a total of 20,000 stock options. The further vesting of all option shares granted will be conditional upon a 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 16 November 2022, which can be accessed at the following link: https://www.digi-communications.ro/en/see-file/DIGI_AGSM-2022_Agenda-explanatory-notes.pdf
In accordance with the applicable regulations, on 2 March 2023, Mr. Valentin Popoviciu, as person discharging managerial responsibilities in connection with the Company, has 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 him and the Company of corresponding stock option agreement.
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.
Digi Communications N.V.
Phone no: +4031 400 4444