AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Digi Communications N.V.

Legal Proceedings Report Feb 9, 2018

6226_iss_2018-02-09_63640560-5b78-41df-81a4-2db83e616c01.pdf

Legal Proceedings Report

Open in Viewer

Opens in native device viewer

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. 24/2007 on issuers of financial instruments and market operations and to the Romanian National Securities Commission Regulation no. 1/2006 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: 9
February
2018
Name of the issuing entity: (the "Company")
DIGI COMMUNICATIONS N.V.
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 6,918,042.52
Number of shares in issue: 100,000,000 (out of which (i) 65,756,028 class A shares
with a nominal value of ten eurocents (€ 0.10) each and
(ii) 34,243,972 class B shares, with a nominal value of one
eurocent (€ 0.01) each)
Number of listed shares: 34,243,972 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: Dismissal by the US court of the claim brought by certain US citizens against the Company, RCS & RDS S.A., RCS Management S.A., DIGI Távközlési és Szolgáltató Kft, and its subsidiary, i-TV Digitális Távközlési Zrt. for lack of subject matter jurisdiction

In connection with the claim brought by certain US citizens against the Company, RCS & RDS S.A., RCS Management S.A., DIGI Távközlési és Szolgáltató Kft, and its subsidiary, i-TV Digitális Távközlési Zrt. (the "Defendants") in the United States District Court for the Eastern District of Virginia – Alexandria Division (the "US Court"), which we have previously disclosed in our periodic reports, the Company would like to inform its investors and the market that, on 8 February 2018, the US Court granted the Defendants' motion to vacate and dismissed the entire lawsuit for lack of subject matter jurisdiction. The US Court also vacated all prior orders entered in the case. This order may be appealed to the United States Court of Appeals for the Fourth Circuit within 30 days. The Company welcomes the US Court's decision and will continue to vigorously defend against any of these plaintiffs' allegations that are vexatious and groundless if the dismissal is ultimately appealed.

Serghei Bulgac

Chief Executive Officer

Talk to a Data Expert

Have a question? We'll get back to you promptly.