The exercise is pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in accordance with the stock option plan approved at the level of the Company in 2017, as amended by the general meeting of shareholders dated 2 May 2018
(PRESS RELEASE) BUCHAREST, Romania, 15-May-2020 — /EuropaWire/ — Digi Communications NV (The Company) would like to inform the market and its investors that on 15 May 2020, Mr. Serghei Bulgac, Chief Executive Officer and Executive Director of the Company and Mr. Valentin Popoviciu, Executive Director of the Company, have exercised their stock options, which have vested in accordance with the provisions of the Company’s stock option plan and which were granted pursuant to the decision of the Company’s general meeting of shareholders dated 2 May 2018 and in relation to which the above mentioned persons and the Company have concluded stock option agreements on 16 May 2018, respectively on 18 May 2018. In accordance with this stock option plan, Mr. Serghei Bulgac was granted 170,000 shares, while Mr. Valentin Popoviciu was granted 90,000 shares.
In accordance with the provisions of article 19 para. (1) of the Market Abuse Regulation, on 15 May 2020, Mr. Serghei Bulgac and Mr. Valentin Popoviciu, as persons discharging managerial responsibilities in connection with the Company, have notified the Company and the Romanian Financial Supervisory Authority in connection with the exercise of the stock options.
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.
For Digi Communications NV
Phone no: +4031 400 4444