Digi Communications N.V. announces that a share transaction was made by a Non-Executive Director of the Company with class B shares

Digi Communications N.V. announces that a share transaction was made by a Non-Executive Director of the Company with class B shares

(IN BRIEF) Mr. Bogdan Ciobotaru, Non-Executive Director of Digi Communications N.V., has notified the company about the sale of 38,700 class B shares in the company on March 5 and 6, 2025. In compliance with regulations, Mr. Ciobotaru has also informed the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM), in addition to meeting the company’s internal notification requirements. Digi Communications N.V. is a European telecommunications leader, with operations in Romania, Spain, Italy, Portugal, and Belgium.

(PRESS RELEASE) BUCHAREST, Romania, 6-Mar-2025 — /EuropaWire/ —  Digi Communications N.V. (“DIGI”), one of the leading European telecommunications companies, listed on the Bucharest Stock Exchange, 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, has notified the Company today regarding the sale, on March, 5 and 6, 2025, of a number of 38,700 class B shares held in the Company’s share capital.

In connection with this transaction, Mr. Ciobotaru notified the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten (AFM)), while also fulfilling the notification requirements under the Company’s internal policies.

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, Portugal and Belgium.

Contacts:

Digi Communications NV
Phone no: +4031 400 4444
investor.relations@digi-communications.ro

Website:

Logo:

Digi Communications NV logo

FAQs:

  1. Who is Mr. Bogdan Ciobotaru?
    • Mr. Bogdan Ciobotaru is a Non-Executive Director of Digi Communications N.V., a leading European telecommunications company.
  2. What shares did Mr. Ciobotaru sell?
    • Mr. Ciobotaru sold 38,700 class B shares held in the company’s share capital on March 5 and 6, 2025.
  3. What is the significance of Mr. Ciobotaru’s share sale?
    • The sale of shares by a Non-Executive Director is a public transaction that is subject to market regulations and must be notified to relevant authorities to ensure transparency.
  4. Which authorities were notified about the share sale?
    • Mr. Ciobotaru notified the Romanian Financial Supervisory Authority (ASF) and the Dutch Authority for the Financial Markets (AFM).
  5. What is Digi Communications N.V.?
    • Digi Communications N.V. is a European leader in telecommunications, operating in Romania, Spain, Italy, Portugal, and Belgium. It provides telecommunication services based on revenue-generating units (RGUs).
  6. Why was this notification made?
    • The notification was made in accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation to ensure compliance with market transparency requirements.
  7. Does Digi Communications N.V. provide services in countries other than Romania and Spain?
    • Yes, in addition to Romania and Spain, Digi Communications N.V. also operates in Italy, Portugal, and Belgium.

SOURCE: Digi Communications NV

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