Dominion Hosting Holding (DHH)

M&A Activity • Sep 23, 2016

Informazione Regolamentata n. 20088-2-2016		Data/Ora Ricezione 23 Settembre 2016 21:45:36	AIM -Italia/Mercato Alternativo del Capitale
Societa'	:	Dominion Hosting Holding S.p.A.
Identificativo Informazione Regolamentata	:	79396
Nome utilizzatore	:	DOMINIONN01 - Giandomenico Sica
Tipologia	:	IROS 01
Data/Ora Ricezione	:	23 Settembre 2016 21:45:36
Data/Ora Inizio Diffusione presunta	:	23 Settembre 2016 22:20:19
Oggetto	:	Less than 60 days from the IPO, DHH announces its first acquisition

Testo del comunicato

Dominion Hosting Holding S.p.A. strengthens its leading position on the Croatian market with the acquisition of the entire corporate capital of InfoNET d.o.o.

Milan, 23 September 2016. 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", purchases 100% of the corporate capital of InfoNET d.o.o.

Today DHH is a leader, among SMEs companies, in the business of web hosting services in the European emerging digital markets, with a special focus on the Balkans.

PRESS RELEASE

Less than 60 days from the IPO, DHH announces its first acquisition

Dominion Hosting Holding S.p.A. strengthens its leading position on the Croatian market with the acquisition of the entire corporate capital of InfoNET d.o.o.

Milan, 23 September 2016. 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", purchases 100% of the corporate capital of InfoNET d.o.o.

Today DHH is a leader, among SMEs companies, in the business of web hosting services in the European emerging digital markets, with a special focus on the Balkans.

With this acquisition DHH significantly reinforces its leading position vis-à-vis its competitors in the Croatian market, as per the last official publicly available data (ref. official p&l 2015 of the web hosting firms in Croatia – source: http://rgfi.fina.hr/).

InfoNET d.o.o. is one of the main players in the Croatian web hosting market, with a turnover of HKR 2.670.100 (approx. EUR 352.000), an EBITDA of HKR 958.989 (approx. EUR 126.091) and a net profit of HKR 729.548 (approx. EUR 96.000, or 27% of turnover), no financial debts and cash at closing of HKR 739.833 (approx. EUR 98.644,40) achieved during the last financial year (2015). In 2014, the turnover was HKR 2.328.645 (approx. EUR 307.000), while net profit was HKR 610.127 (approx. EUR 80.000, or 26% of turnover).

InfoNET d.o.o. fully owns also HostingIT j.d.o.o., a young Croatian web hosting provider with an estimate turnover approx. EUR 25.000 - 30.000 (2016).

The acquisition – carried out by DHH's Croatian subsidiary Plus Hosting d.o.o. – concerns 100% of the corporate capital of InfoNET d.o.o. The purchase price is equal to HKR 3.497.813,75 (approx. EUR 466.375,17) plus cash position. 85% of the purchase price has been fully paid on the closing date, 23 September 2016, while 15% will be paid in 12 months, as a deferred payment. Damir Maračić, former owner and director of InfoNET, will remain involved in the company as an employee after the acquisition.

Giandomenico Sica, Chairman of the Board of Directors of DHH commented: "We are very happy of this first acquisition post IPO. We consolidate our leadership on the Croatian market buying a very healthy and well managed company, stable, with high profits, no outstanding invoices, no operating debt with banks, strongly cash flow positive and completely self-sustainable. Our future goals are to improve the growth rate of the company, thanks to the work of our internal teams and leveraging both on InfoNET and HostingIT brands and operations. Furthermore, we will work to optimize the – already good - margins of the business, thanks to the operating infrastructure we have in place in Croatia and Slovenia".

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

About Dominion Hosting Holding S.p.A.

Set up in July 2015 and admitted on the Italian Stock Exchange AIM/MAC market since July 2016, DHH 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. During the admission to join the Italian Stock Exchange AIM/MAC market, the Company has raised 4.2 million Euros and capitalizes 14.2 million on the Italian Stock Exchange. In 2015 DHH reported a pro-forma turnover of Euro 3.5M. For more information please visit: www.dominion.it

Contact

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