Information about crossing significant sharehoding thresholds

Bittnet Systems S.A. (the Issuer) has received notifications from shareholders about crossing the following significant ownership thresholds (as listed in art 69 of the Issuers Law 24 / 2017), by sales or purchase trades in the market:

Dl Razvan Capatina – sale- crossing below the 20% threshold

Emotion Concept SRL – purchase – crossing over the 5% threshold

CR15raportcurent-english.docx

Annual Report 2016

Bittnet Systems S.A. informs shareholders about the disponibility of the Annual Report for 2016.

01 Management Report – Bittnet FY 2016 – EN

OGSM & EGSM resolutions, April 26th 2017

Bittnet Systems S.A. (hereinafter referred to as the “Company”) informs shareholders about the decisions adopted within the Ordinary and Extraordinary Shareholder Meetings held today, April 26th at the company’s offices in Bucharest, Sector 6, Bd Iuliu Maniu 7-11.

BNET_20170426195718_Raport-curent-rezultate-aga—EN

Report factoring extention

Bittnet Systems S.A. (hereinafter referred to as the “Company”) informs shareholders about the following operation regarding bank financing: signing the extention of the factoring contract with Unicredit Bank, regarding some of the Company’s customers. The guarantees for this product are the assignment of future receivables from customers. This financing product allows the Company to relieve pressure on it’s own cashflow while allowing for the payment terms required by customers.

CR12 raport curent english

Announcement about 3rd coupon payment – BNET19

BITTNET SYSTEMS S.A. announces that the 3rd coupon payment for the Company’s bond issue – dated 15th July 2016, symbol BNET19 – will be made on April 18th2017.  The payment will be made through the Central Depository and Banca Transilvania – as The Paying Agent – to the bond holders registered in the Bond Holders Registry at the reference Date: 13th April 2017 (Ex-date: 12th April 2017). The interest will be paid via bank transfer directly to the accounts of all participants inthe RoClear System, to the bondholders’ bank accounts whichwere confirmed by the bondholders in theSubscription Form, or to the bank accounts which were notifiedto the Payment Agent by the bondholders. The interest rate is 9% per year and the interest amount is a gross of RON 22.50 / bond.

The Company’s corporate bonds are tradeable on the Bonds-ATS Market, administered by the Bucharest Stock Exchange, starting with 27th September 2016– under the BNET19 ticker.

CR2 raport curent – english

General Shareholder Meeting Convene Notice

The Administrator of BITTNET SYSTEMS S.A., a Romanian legal entity, with headquarters  in  Bucharest, Str. Şoimuş no. 23, Bl. 2, Sc. B, Ap. 24, 040704 – Sector 4, with office and mailing address in Bucharest, Bd. Iuliu Maniu no. 7, et. 1, 061072 – Sector 6, registered in Trade Register Office under number: J40/3752/22.02.2007, Sole Registration Code: RO21181848,

CONVOKES:

  • The Ordinary General Meeting of Shareholders of BITTNET SYSTEMS on 26th of April 2017, 11.00 o’clock (Romanian time) at the Company’s offices: Bucharest, Bd. Iuliu Maniu no. 7, et. 1, sector 6,  and
  • The Extraordinary General Meeting of Shareholders of BITTNET SYSTEMS on 26th of April 2017, 12.00 o’clock (Romanian time) at the Company offices: Bucharest, Bd. Iuliu Maniu no. 7, et. 1, sector 6,

for all persons registered as shareholders of the Company on the 17th of April 2017 (the Reference Date) in the Register of Shareholders kept by Central Depository S.A. (Depozitarul Central). Only those persons that have the quality of shareholder at the end of the Reference Date have the right to participate and vote at the OGM and EGM.

Please see details on the dedicated shareholder meeting page:
https://investors.bittnet.ro/general-stakeholder-meetings/general-shareholder-meeting-april-26th-2017/

or in the attached document:

General Shareholder Meeting Convene Notice – 26th April 2017

Receiving the CIVM from ASF

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about receiving from the Financial Supervision Authority (ASF) of the Certificate of Registration of Securities number AC-4149-3 from 8th March 2017, certifying the registration of the share capital increase with a number of 1.000.974 new shares issued as a result of the General Shareholder Meeting decisions from April 28th 2016.

The Company continues the registration process with the Central Depository.

CR9-raport-curent-CIVM-privind-majorare-capital-english

CIVM-dupa-majorare-aporturi

Information about extending of a credit line

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about extending of the credit line regarding contract no. 132/15.06.2015 with Patria Bank S.A. with a value of RON 1.000.000. The guarantees for this contract extention remain:

  • Assignments of the accounts receivables from certain customers;
  • mortgage of a number of 1.351.315 shares from Logofatu Critian Ion, CFO of the Company;
  • mortgage of a number of 1.351.315 shares from Logofatu Mihai Alexandru Constantin, the Administrator of the Company.

The Credit line has the maturity 16th of February 2018 with possible renewal and will be continue to be used for financing current activity.

CR8 raport curent prelungire linie de credit – english

“Cisco Certified Gold Partner” status extention

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about the extention of the Cisco Certified Gold Partner status. In order to extein this status, Bittnet has undergone the audit process that has verified the skills of the entire team. The audit checked the existence of company-wide standardized processes and procedures for treating customers and projects in a unitary fashion, ensuring a high success probability, sales, project management, and tehnical skills for delivering and maintaining complex IT solutions and response to customer service request tickets. The audit has also ckecked the customer satisfaction, business practices and the Company’s ability to integrate Hibrid IT, Cloude and Manage services solutions based on Cisco Technology.

CR6 current report Cisco Gold