Dominion Hosting Holding (DHH)

Earnings Release • Sep 28, 2016

Informazione Regolamentata n. 20088-3-2016		Data/Ora Ricezione 28 Settembre 2016 20:32:49	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	Dominion Hosting Holding S.p.A.
Identificativo Informazione Regolamentata	:	79535
Nome utilizzatore	:	DOMINIONN01 - Giandomenico Sica
Tipologia	:	IRAG 02
Data/Ora Ricezione	:	28 Settembre 2016 20:32:49
Data/Ora Inizio Diffusione presunta	:	28 Settembre 2016 21:05:19
Oggetto	:	Hosting Holding S.p.A. ha esaminato la 30 giugno 2016	Il Consiglio di Amministrazione di Dominion relazione consolidata semestrale chiusa al

Testo del comunicato

IN THE FIRST HALF-YEAR OF 2016 THE GROUP ACHIEVED TOTAL CONSOLIDATED REVENUES EQUAL TO EUR 1,9 MILLION

THE CONSOLIDATED GROSS OPERATING MARGIN (EBITDA) AMOUNTS TO EUR 184.298

THE NET PROFIT FOR THE GROUP IS EQUAL TO EUR 66.694

AS OF 30 JUNE 2016 THE NET FINANCIAL POSITION WAS POSITIVE AND EQUAL TO

EUR 160.456

PRESS RELEASE

The Board of Directors of Dominion Hosting Holding S.p.A. has examined and approved the consolidated half-year financial statements report as of 30 June 2016

IN THE FIRST HALF-YEAR OF 2016 THE GROUP ACHIEVED TOTAL CONSOLIDATED REVENUES EQUAL TO EUR 1,9 MILLION

THE CONSOLIDATED GROSS OPERATING MARGIN (EBITDA) AMOUNTS TO EUR 184.298

THE NET PROFIT FOR THE GROUP IS EQUAL TO EUR 66.694

AS OF 30 JUNE 2016 THE NET FINANCIAL POSITION WAS POSITIVE AND EQUAL TO EUR 160.456

Milan, 28 September 2016. The Board of Directors of Dominion Hosting Holding S.p.A. ("DHH") (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), a tech company whose mission is to create the "Internet Platform of the Emerging markets of Europe", has reviewed and approved the consolidated half-year financial statements report of DHH Group as of 30 June 2016.

The consolidated results:

• • During the interim period ended 30 June 2016 the total consolidated revenues of the Group are equal to EUR 1.935.890.
• • The consolidated gross operating margin (EBITDA) amounts to EUR 184.298.
• • In the first half-year of 2016 EBIT amounts to EUR 131.550.
• • The Net Profit for the Group is equal to EUR 66.694.

As of 30 June 2016 the Net Financial Position was positive and equal to EUR 160.456 of which:

• o cash equivalents of EUR 952.694,00;
• o current financial receivables of EUR 692,00;
• o short-term financial debts of EUR 90.395,00;
• o medium/long-term financial debts of EUR 572.535,00. Medium/long-term financial debts are related to the acquisition of Plus Hosting d.o.o.;
• o others non-current debts of EUR 130.000,00.

Dominion Hosting Holding S.p.A. Via Caldera 21, 20153 Milano P.IVA/CF: 09150720960 www.dominion.it

Material events occurred during the interim period and subsequently occurred

During the first half-year of 2016 DHH focused on the admission of the Company on the Italian Stock Exchange AIM/MAC market; for this purpose:

• • on 15th April 2016 the DHH shareholder's meeting unanimously resolved, among others, a capital increase and the change of the legal form of the Company;
• • on 9th June 2016 the DHH ordinary and extraordinary shareholder's meeting, with series of linked and related resolutions, unanimously resolved the admission of the Company on the Italian Stock Exchange AIM/MAC market.

After the end of the interim period DHH concluded its process of admission on the Italian Stock Exchange AIM/MAC market:

• on 19th July 2016 the DHH Board of Directors favourably resolved the admission of the Company on Italian Stock Exchange AIM/MAC market;
• In July 2016 DHH has been admitted on the Italian Stock Exchange AIM/MAC market; during this admission the Company has raised 4,2 million Euros with a market capitalization of 14,2 million.

In September 2016 DHH – through its Croatian subsidiary Plus Hosting d.o.o. – purchased 100% of the corporate capital of InfoNET d.o.o., one of the main players in the Croatian web hosting market, thus strengthening its leading position in said market.

Giandomenico Sica, Chairman of the Board of Directors of DHH commented: "During the first six months of 2016 we have been focused on our IPO process, which we successfully completed at the end of July. On the industrial side, we are on track with respect to our plan. Our portfolio companies are growing, we are investing - in a balanced way and keeping our focus on profitability - in making our operating infrastructure even stronger. Just after the IPO, less than 60 days from listing, we completed the acquisition of InfoNET and HostingIT in Croatia, strengthening our leading position on the market. We are now scouting for new acquisition opportunities to be completed in the next months".

Since the above are the first consolidated results of the company – which has only been created in July 2015 -, it was not possible to compare group profit and loss and balance sheet 2016 to group profit and loss and balance sheet 2015.

For the same reason, it was not possible to prepare the six-month cash flow statement.

***

Please find attached the tables of the Consolidated statement of assets and liabilities - financial position and the Consolidated overall year's profit /(loss) statement for the interim period ended 30 June 2016.

Dominion Hosting Holding S.p.A. Via Caldera 21, 20153 Milano P.IVA/CF: 09150720960 www.dominion.it

RECLASSIFIED BALANCE SHEET values in Euro units 30/06/2016

Trade Receivables	159.882
Inventories	0
Trade Payables	(423.097)
Operating NWC	(263.215)
Other current receivables	30.223
Accruals and deferrals incomes	428.776
Other current liabilities	(213.333)
Accruals and deferrals liabilities	(1.089.637)
Tax payables	(114.481)
Net working capital	(1.221.667)
Goodwill	3.909.463
Tangible	178.272
Intangible assets	187.007
investments	-
Non-current financial assets	8.353
Other non-current assets	-
Deferred tax	7.247
Fixed assets	4.292.342
Provisions for risks and charges	-
Fund employees benefits	515,00
Deferred taxes	0
Net non-current liabilities	(515)
Net invested capital	3.068.159
Net assets	3.228.615
Cash and cash equivalents	(952.694)
Current financial assets	(692)
Non-current financial liabilities	702.535
Current financial liabilities	90.395
Net Debit	(160.456)
Shareholders' equity and net debt	3.068.159

3

NET FINANCIAL POSITION values in Euro units 30/06/2016

A. Cash	281
B. Other cash equivalents	952.413
C. Securities held for trading	-
D. Liquidity (A) + (B) + (C)	952.694
E. Current financial receivables	(692)
F. Short-term bank debt	13.995
G. Current portion of non-current	76.400
H. Other current financial payables	-
I. Current financial debt (F) + (G) + (H)	90.395
J. Net current financial debt (I) - (E) - (D)	(862.991)
K. Non current bank loans	572.535
L. Bonds issued	-
M. Other non-current payables	130.000
N. Non-current financial debt (K) + (L) + (M)	(702.535)

PROFIT & LOSS STATEMENT

values in Euro units	30/06/2016
		From related parties
Revenue from ordinary activities	1.925.415
Other revenues	10.475
Production value	1.935.890	0
Raw material costs	(16.506)
Costs for services and use of third party assets	(1.221.944)	(530.471)
Staff Price	(430.533)	(4.372)
Other operating expenses	(82.610)
Total operating costs	(1.751.592)	0
Gross profit - EBITDA	184.298	0
Amortization and impairment losses	(52.748)
EBIT	131.550	0
Net financial expenses	(20.649)	0
Participations Impairment profits/losses	6.871
Profit before tax	117.772	0
Income tax	(51.077)

***

Profit (loss) for the period 66.694 0

About Dominion Hosting Holding S.p.A.

Set up in July 2015 today DHH is a leader, among SMEs companies, in the business of web hosting services in the European emerging digital markets and has already built an international group with more than 45 employees, 90,000 customers and 67% of sales outside of Italy, divided between Slovenia, Croatia and Serbia. In 2015 DHH reported a pro-forma turnover of Euro 3,5M. For more information please visit: www.dominion.it

Dominion Hosting Holding S.p.A.

Via Caldera 21, 20153 Milano +39 02 87365100 direzione@dominion.it www.dominion.it

Nominated Adviser (Nomad) Advance SIM S.p.A.

Società di Intermediazione Mobiliare Piazza Cavour 3, 20121 Milano T +39 02 36574590 F +39 0295441370 C +39 3279031218 massimo.grosso@advancesim.it www.advancesim.it

Dominion Hosting Holding S.p.A. Via Caldera 21, 20153 Milano P.IVA/CF: 09150720960 www.dominion.it