Report Publication Announcement • Jun 22, 2022
Report Publication Announcement
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Romanian Financial Supervisory Authority Regulation no. 5/2018 on issuers of financial instruments and market operations, and the relevant provisions of the Bucharest Stock Exchange Code
| Report date: | 21 June 2022 |
|---|---|
| Name of the issuing entity: | COMMUNICATIONS N.V. (the DIGI "Company") |
| Statutory seat: | Amsterdam, The Netherlands |
| Visiting address: | Bucharest, 75 Dr. N. Staicovici, Forum 2000 Building, Phase I, 4 th floor, 5 th District, Romania |
| Phone/Fax number: | $+4031.400.65.05/+4031.400.65.06$ |
| Registration Netherlands Chamber Commerce Business Register and Dutch Legal Entities and Partnerships Identification Number (RSIN): |
number with The Registration number with The Netherlands Chamber of of Commerce Business Register: 34132532/29.03.2000 RSIN: 808800322 |
| Romanian Tax Registration Code: | RO 37449310 |
| Share Capital: | EUR 6,810,042.52 |
| Number of shares in issue: | 100,000,000 (out of which (i) 64,556,028 class A shares with a nominal value of ten eurocents ( $\epsilon$ 0.10) each and (ii) 35,443,972 class B shares, with a nominal value of one eurocent ( $\in$ 0.01) each) |
| Number of listed shares: | 35,443,972 class B shares |
| issued securities are traded: | Regulated market on which the Bucharest Stock Exchange, Main Segment, Category Int'l (Shares) |
Important events to be reported: A joint venture of the Romanian Subsidiary of the Company was designated as one of the winners of the auction organized by the Belgian Institute for Postal Services and Telecommunications for the allocation of mobile spectrum frequency user rights
The Company would like to inform the market and its investors that on 21 June 2022 Citymesh Mobile, a joint venture where the Company's Romanian Subsidiary and Citymesh, a company incorporated in Belgium, part of the IT-group Cegeka have joint control (the "JV"), won the new entrant package spectrum plus 5G spectrum frequency user rights as consequence of participating in the auction organized by the Belgian Institute for Postal Services and Telecommunications ("BIPT"). Details regarding the JV and the development of the Belgian project shall be made available by the Company at appropriate stages. The JV will use 700 MHz, 900 MHz, 1800 MHz, 2100 MHz and 3600 MHz frequency bands allowing it to build a new (4th) national mobile network.
The total price that the parties of the joint venture will pay for the frequency user rights is EUR 114,330,000. The amount can be paid in installments during the lifetime of the frequency rights.
The frequency bands will be finally allotted through a decision to be taken by BIPT in the following period.
The Company welcomes BIPT's decision which will allow the Group to expand its business on the Belgium market, in order to provide high quality affordable telecommunication services, based on the latest technologies.
Chief Executive Officer
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