Digi Communications converts shares for stock option plan

Business Forum
Telecom company Digi Communications has converted 16,974 class A shares into class B shares to fulfill obligations under its ongoing stock option plan.

The company's Board of Directors approved the conversion on 18 February 2026, with the change recorded in the Dutch trade register the same day.

The conversion resulted in a decrease of the company's share capital by €1,527.66 due to the difference in nominal value between class A shares (€0.10 each) and class B shares (€0.01 each). This amount will be added to the company's general equity reserves.

The class B shares resulting from the conversion will be used by the company for the purpose of fulfilling the company's obligation under an ongoing stock option plan, having a vesting period starting with 15 January 2026.

Digi Communications currently has 100 million shares in issue, comprising 64.5 million class A shares and 35.4 million class B shares. The class B shares are listed on the Bucharest Stock Exchange.

RECOMMENDED
Romania raises €367 million through Fidelis bond sale
Finance

Romania raises €367 million through Fidelis bond sale

Romania's Ministry of Finance attracted RON 1.86 billion (€367.3 million) through seven government bond issues for retail investors in January, marking the first Fidelis offering of 2025. The bonds began trading on Bucharest Stock Exchange (BVB) on Thursday.

New Fidelis bonds listed on BVB
Finance

New Fidelis bonds listed on BVB

Romania's Ministry of Finance attracted almost RON 1.5 billion (€293 million) through its 11th Fidelis government bond offering of 2025, which began trading on the Bucharest Stock Exchange.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.