Current reports

“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

Report regarding the Capital increase

Bittnet Systems S.A. (“the Company”) informs shareholders about the results of the subscription process in the capital increase operation approved by the Extraordinary Shareholders Meeting of April 26th 2016. If during Stage 1 of the subscriptions, which took place between January 9th and February 8th, the Company has sold a total number of 993,207 shares for 0.78 RON each, in the 2nd Stage the Company has offered the remaining number of 7,767 unsubscribed shares. The remaining shares were offered by the Company in a private placement.
In this 2nd Stage, 9 investors have placed 9 subscription orders at a price per share of 0.80 RON. All the remaining shares from Stage 1 (a 0.78% of the total shared offered in the capital increase) were subscribed in the 2nd Stage. During both stages the Company attracted a total amount of RON 780,915.06 for 100% of the 1,000,974 shares offered.

BNET_CR4-current-report-capital-increase-ian-feb-2017—english

Report regarding recorded subscriptions in Stage 1 of the capital increase

Bittnet Systems S.A. ( “the Company”) informs shareholders about the results of the subscription process in the capital increase operation approved by the Extraordinary Shareholders Meeting of April 26th 2016. Stage 1 of the subscriptions took place between January 9th and February 8th. In this period the Company has offered via the Stock Exchange Mechanisms (the POFX market) a total number of 1,000,974  shares for 0.78 RON each.

During Stage 1, 93 investors have placed 95 subscription orders for a total of 993,207 shares, which represents a 99.22% subscription.

The Intermediary was Intercapital Invest, who has distributed the offer through all authorized intermediaries on the BVB – which is a first for capital increase operations in Romania.

During Stage 2, the Company will offer the remaining unsubscribed 7,767  shares to investors in a private placement.

CR3-current-report-subscription-results-stage-1-capital

Calendar of financial communication 2017

Bittnet Systems S.A. (hereinafter referred to as “the Company”) hereby informs the shareholders about adoption of financial communication’s calendar. The Company will publish periodical reports in 2017 in a following manner:

Event

Deadline

Preliminary annual financial results 2016

17th February, 2017

Annual General Shareholders Meeting (GSM)

26th April, 2017

Submission of Annual Report as at 31th of December 2016

28th April, 2017

Submission of Semi-Annual Report for the first half of 2017

25th August, 2017

These dates have been chosen to be evening of the last working day of the week so as to allow the maximum possible time for information to be absorbed by the interested parties. The date for the Shareholder’s Meeting has been chosen to be during a work day, so as to allow maximum participation for shareholders, in accordance with the Corporate Governance Principles of the BVB.

CRno2-2017-financial-calendar

Information about extending of a credit product

BITTNET SYSTEMS S.A. (hereinafter referred to as “the Company”) informs the shareholders about the extending of the credit ceiling – contract no. 15 from 17.02.2016 with Patria Bank S.A. The ceiling remains dimensioned at value of RON 2.000.000.

The guarantees for this contract extention remain:

  • Assignments of the accounts receivables from certain customers;
  • personal  guarantee  from  the  Administrator, Mihai Logofatu

The Credit ceiling has a maturity of 12 months with possible renewal and will be continue to be used for financing short term projects with non-cancellable purchase order from customers.

CR23-current-report-ref-prelungire-linie-credit-Patria-Bank-english

Current Report 22 / 2016 : ASF approval of Offer Prospectus

BITTNET SYSTEMS S.A. (hereinafter referred to as “the Company”) informs the shareholders about obtaining the ASF visa no. 224/8.12.2016 for the Offer Prospectus for the capital increase with new contributions in cash.
The number of new issued shares will be 1.000.974 each with a value of RON 0.78/ share, each issued by the Company in accordance with the Extraordinary Shareholder Meeting Resolutions from April 28th 2016. The total amount of the share capital increase will be RON 780.759,72, assuming that all shares are subscribed in Phase 1 of the capital increase.
The shareholders who held shares at the May 20, 2016 registration date will receive a number of preemptive rights equal with the number of shares held. For the subscription of a new share, in the capital increase operation, each shareholder must hold a number of 4.5 rights. The preemptive rights will be listed on the BVB market and will be traded under the symbol BNETR01, in a period of 10 working days from 16th to the 30th of December 2016.

Subsequent to the Preemptive Rights trading period, shareholders holding rights may subscribe shares between January 9th and February 8th 2017.
All the relevant information for the subscription in the capital increase can be found in the Offering Prospectus available for the shareholders on the Company website: https://goo.gl/X6TvBK and intermediated by SSIF Intercapital Invest SA.

November 1st 2016 Shareholder Meeting Notice

The Sole 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 offices 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,

CONVENES

The Extraordinary General Meeting of Shareholders of BITTNET SYSTEMS on the 01st of November 2016, 11.00 o’clock (Romanian time) at the Company’s offices: Bucharest, Bd. Iuliu Maniu no. 7, et. 1, sector 6,  for all persons registered as shareholders of the Company on the 21st of October 2016 (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 end of the Reference Date have the right to participate and vote at the EGMS.

More info about the EGSM can be found HERE.

Meeting Notice and Current Report

Current Report 17 – Bond Listing

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about receiving from the Bucharest Stock Exchange the decision of admission to trading of the BNET19 bonds.

The issue consists of 4186 bonds with a face value of 1000 RON, a maturity of 3 years (until July 2019) and an annual coupon of 9%, payable quarterly.

The first day of trading will be Wednesday, September 28th and the ticker will be BNET19. The trading launch event will take place at the Bucharest Stock Exchange, 14th floor, starting with 09:30 AM.

CR17 current report – bond listing

Semi Annual Report – June 30th 2016

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about the publication of the Semi Annual Report for the period January 01 – June 30th 2016.

Attached are the Report and Annexes (Financial Results, etc)

CR16 availability of semi annual report 2016

Support Documents 

 

CR15 / 2016 – New Certificate of Registration of Securities

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about receiving from the Financial Supervision Authority – ASF – the Certificate of Registration of Securities number AC-4149-2 of August 18th 2016, certifying the registration of the share capital increase with a number of 9.000.766 free shares issued as a result of the General Shareholder Meeting decisions on April 28th 2016.

The Company continues the registration process, the next step being the registration with the Central Depository.

CR15 raport curent current report certifica inregistrare valori mobiliare majorare 2-1 gratuite