Andrei Pitis – Member of Advisory Board

Profil LinkedIn

ro.linkedin.com/in/andreipitis

Education:

  • 1995 – 1996 Master degree in Computer Science, Universitatea “Politehnica” din Bucuresti

Professional Experience:

  • 1995 – Present                 University Politehnica of Bucharest, Associate Professor
  • 2005 – 2010                        IXIA, Senior Director
  • 2013 – Present                 Vector Watch, Founder & CTO
  • 2012 – Present                 ANIS, President
  • 2011 – Present                 Clevertaxi, Board Member

Percent of shares held in the Company

Andrei holds 36 486 number of the Company’s shares which account for 0,81% in share capital and 0,81% of total number of votes.

Additional Regulatory Disclosure Info

  • Member of the following NGOs:President of ANIS – the national association of software producers, Member of TechAngels and Member of Innoviation Labs.
  • Currently Active partner in:Vector Watch, Clever Taxi and TechMind (Simple Systems). Previously active in: I-rewind.
  • Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.
  • Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies
  • Andrei does not perform activities competitive to the activities of the issuer.

 

Sergiu Negut – Member of Advisory Board

LinkedIn Profile

ro.linkedin.com/in/sergiu

Education:

  • 1990 – 1995 Universitatea “Politehnica” din Bucuresti, Master of Science, Computer Science
  • 1992-1995 Academia de Studii Economice din Bucuresti, Bachelor degree, International Business Administration
  • 2003-2003 INSEAD, Master of Business and Administration
  • 2010-2010 Harvard Business School, Executive Course, Leading High Performance Healthcare Organizations

Professional experience:

  • 2013 – Present                 Maastricht School of Management Romania, Associated Dean of Entrepreneurial Growth
  • 2014 – Present                 Mindit Consulting, Partner
  • 2012 – Present                 SVP Consult, Owner
  • 2013 – Present                 2Parale, Associate Partner
  • 2011 – Present                 frufru, Associate Partner
  • 2012 – 2014                        Wanted Transformation Consultancy, Transformation Partner
  • 2006 – 2011                        REGINA MARIA, The Private Healthcare Network, Deputy CEO & Board Member
  • 2005 – 2005                        Amgen GmbH, Project Manager Business Development
  • 2004 – 2005                        Amgen CEE, Project Manager CEE
  • 1998 – 2000                        Windmill International, Country Manager
  • 1994 – 1998                        Windmill International, Steel Trader

Percent of shares held in the Company

Sergiu holds 36 486 number of the Company’s shares which account for 0,81% in share capital and 0,81% of total number of votes.

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Additional Regulatory Disclosure Info:

  • Sergiu is currently Associate Dean in Maastricht School of Business.
  • Currently Active partner in: SVP Consult, Intermedicas Worldwide SRL, Hart Human Resource Consulting SRL, 2 parale afiliere SRL, Mondo di pasta SRL, MINDIT Consulting SRL, Mindit Software SRL, Instore Media Retail SRL, Spark Education SRL. Previously active in: Wanted Transformation Consultancy
  • Within the last five years indicated person has not been prohibited by the court to act as a member of managing or supervisory bodies in commercial law companies and partnerships.
  • Within the last five years there have been no cases of bankruptcy, compulsory administration or liquidation for entities in which the person was a member of managing or supervisory bodies.
  • Sergiu does not perform activities competitive to the activities of the issuer.

Articles of Association

Please find attached the Articles of Association of the company.

Act_Constitutiv_Bittnet_la_Listare_pe_Aero

Information Memorandum

Please find attached the INFORMATION MEMORANDUM prepared for the admission of the shares issued by Bittnet Systems S.A. to AeRO – the market for shares of the Bucharest Stock Exchange (Company’s Presentation Document)

Information Memorandum – Bittnet Systems EN – Final

Company Policies

Forecasts Policy

  • The Issuer will provide information according to the possibility of realization of financial forecast in each quarterly report.
  • The Issuer will publish a current report with adjustments to the financial forecasts if at least one of the forecasted items is different by at least 20% from the items included in the forecast.

Dividend Policy

  • General Shareholders Meeting annually adopts the resolution regarding the allocation of profits. However, the Issuer intention is not to pay out the dividends in the next two financial years (from the profits for the year 2015 and 2016).

Shareholders and Shares

The shareholder capital consists of 4,504,383 common shares with a face value of 0.1 ron each.

The shareholder structure as of March 10th is:

# Shareholder Shares % of total
1 LOGOFATU Mihai Alexandru Constantin 1.456.113 32.33%
2 LOGOFATU Cristian Ion 1.456.113 32.33%
3 CAPATINA-GROSANU Razvan 919.650 20.42%
4 CARPATHIA CAPITAL S.A. 450.439 10.00%
5 Altii
222.068
4.93%
Total 4.504.383 100%