Digi Communications N.V. announces the exercise of conditional share options by an executive director of the Company, for the year 2022, as approved by the Company’s Ordinary General Shareholders’ Meeting from 18 May 2021

Digi Communications N.V. announces the exercise of conditional share options by an executive director of the Company, for the year 2022, as approved by the Company’s Ordinary General Shareholders’ Meeting from 18 May 2021

(IN BRIEF) Mr. Valentin Popoviciu, an executive director of Digi Communications N.V., exercised his right to receive 50,000 class B shares from the company’s share capital for the year 2022. These shares were granted to him through conditional share options approved by the Company’s Ordinary General Shareholders’ Meeting in May 2021. The exercise of these options was in accordance with the Company’s Share Option Plan and the OGSM’s decisions. Mr. Popoviciu, as a person discharging managerial responsibilities within the company, notified relevant authorities about this exercise as per regulations. Digi Communications N.V. is a European telecommunications leader, providing services across several countries including Romania, Spain, Italy, and Portugal.

(PRESS RELEASE) BUCHAREST, Romania, 28-Aug-2023 — /EuropaWire/ — Digi Communications N.V. (“Digi” or the “Company”) informs the market that Mr. Valentin Popoviciu, executive director of the Company, exercised its right to receive a number of 50,000 class B shares from the share capital of the Company, for the year 2022, as per the conditional share options granted on 19 May 2022 and in accordance with the decision of the Company’s Ordinary General Shareholders’ Meeting, which took place on 18 May 2021 (the OGSM).

The conditional share options have been vested in accordance with the provisions of the Company’s Share Option Plan and the OGSM.

Details regarding the conditional share options granted on 19 May 2022 to the executive directors of the Company are available on the Company’s website at “ANNOUNCEMENTS” section, available HERE.

In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 25 August 2023, Mr. Valentin Popoviciu, as person discharging managerial responsibilities within the Company, has notified the Company, the Romanian Financial Supervisory Authority (ASF) and the Autoriteit Financiële Markten (AFM), in connection with the exercise of the share options.

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 and Portugal.

Contacts

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

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SOURCE: Digi Communications NV