Legal Proceedings Report • Feb 8, 2021
Legal Proceedings Report
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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: | 8 February 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: The Supreme Court of Hungary rejected the Company's appeal regarding its exclusion from the 5G tender
The Company would like to inform its investors and the market that, on 4 February 2021, the Supreme Court of Hungary dismissed the Company's appeal and thus upheld the first instance court's judgement, which maintained as lawful the decision issued by the Hungarian Media and Informations Authority (NMHH) to reject the Company's participation in the tender related to wireless broadband services supporting the introduction of 5G in Hungary (5G Tender).
The Company filed, amongst other legal means it used, this statement of claim challenging the authority's refusal to registrate the Company in the 5G Tender which has now been settled in favour of NMHH and also a statement of claim by which it challanged the decision awarded in the 5G Tender on its merits. The second litigation is still pending in front of the Metropolitan Regional Court.
The Company will analyse what future legal remedies are available to better protect the Company's legitimate interests.
Serghei Bulgac
Chief Executive Officer
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