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Digi Communications N.V.

M&A Activity Nov 30, 2021

6226_iss_2021-11-30_6135095c-30b7-4695-b405-df9749eff1f8.pdf

M&A Activity

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To: The Romanian Financial Supervisory Authority Financial Instruments and Investments Sector The Bucharest Stock Exchange Regulated Spot Market, Category Int'l (Shares) From DIGI COMMUNICATIONS N.V.

CURRENT REPORT

pursuant to Law no. 24/2017 on issuers of financial instruments and market operations and to the Romanian Financial Supervisory Authority Regulation no. 5/2018 on issuers and operations with securities, as subsequently amended and supplemented and the provisions of Article 99 of the Bucharest Stock Exchange Code, Title II, Issuers and Financial Instruments

Report date: 30
November
2021
Name of the issuing entity: DIGI
COMMUNICATIONS
N.V. (the
"Company")
Statutory seat: Amsterdam, The Netherlands
Visiting address: Bucharest,
75
Dr.
N.
Staicovici,
Forum
2000
Building, Phase I, 4th floor, 5th District,
Romania
Phone/Fax number: +4031.400.65.05/ +4031.400.65.06
Registration
number
with
The
Netherlands
Chamber
of
Commerce Business Register and
Dutch
Legal
Entities
and
Partnerships
Identification
Number
(RSIN):
Registration number with The Netherlands Chamber
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 (€ 0.10)
each and (ii) 35,443,972 class B shares, with a
nominal value of one eurocent (€ 0.01) each)
Number of listed shares: 35,443,972 class B shares
Regulated market
on which the
issued securities are traded:
Bucharest Stock Exchange, Main Segment, Category
Int'l (Shares)

Important events to be reported: 4iG and the Company's Romanian subsidiary have concluded the sale and purchase agreement for the sale of DIGI Group's Hungarian operations

The Company would like to inform its investors and the market that on November 29, 2021 the Company's Romanian subsidiary (RCS&RDS) and 4iG Plc. (4 iG Plc.) one of the leading companies of the Hungarian IT and ICT market, concluded the sale and purchase agreement regarding the the acquisition of DIGI Távközlési Szolgáltató Ltd. (Digi Hungary) and of its subsidiaries, Invitel Ltd., Digi Infrastruktúra Korlátolt Felelősségű Társaság and I TV Ltd by 4iG Plc.

The parties' intention to enter into the sale and purchase agreement was initially announced to the investors and the market on March, 29, 2021.

The transaction involves the acquisition by 4iG Plc of the 100 percent stake held by RCS&RDS in Hungary's leading telecommunications and media service group and the assignment of all debts of Digi Hungary and of its subsidiaries to RCS & RDS, for a transaction value of EUR 625million. The transaction is subject to the fulfilment of certain conditions, including competition authority clearance.

Digi Hungary is a leading telecommunications service provider in Hungary, with 23 years of experience and a broad service portfolio covering cable TV, fixed internet and data, mobile telecommunication services, fixed-line telephony and Direct To Home (DTH) services. It serves more than 1.1 million subscribers nationwide and has over 2.5 million Revenue Generating Units (RGUs) as of 31 December 2020.

In 2020, Group's consolidated sales revenue in Hungary was HUF 70 billion (approx. EUR 200 million) and its adjusted EBITDA reached HUF 19 billion (approx. EUR 54 million).

4iG Plc. is one of the leading companies of the Hungarian IT and ICT market, plays a leading role in Hungary's knowledge-based digital economy. 4iG has been present in the field of industry and industry-independent innovative technologies for more than 25 years.

Serghei Bulgac

Chief Executive Officer

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