Latest news

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

2016 Full Fiscal Year Preliminary Results

Please find the management report presentation of the results, including the Letter from the CEO. Also attached are the financial results: Balance Sheet and Income Statement for the full fiscal year 2016. The results are not audited yet.

 

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

2015 Preliminary results Conference Call Recording

Please see attached the recording and the support presentation of the conference call presenting the preliminary results for FY 2015, held on February 23rd at the BVB.

160223 – BITTNET BVB preliminary results presentation

and the conference audio recording:

 

Current Report 14 – Changes in the calendar of financial communciation

Bittnet Systems S.A. (hereinafter referred to as “the Company”) hereby informs about the new version of the calendar of financial communication for 2016.

160304-CR6-changes in the financial calendar

 

Current Report 13 – Cisco Gold Certification.

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about the achievement of the “Cisco Certified Gold Partner”.

160301 – CR5 – 2016 – cisco gold certification

Prelim Results Conference Call

For the preliminary results conference call please use the following details:

1.  Please join my meeting, 23 feb. 2016 at 10:30 EET.
https://global.gotomeeting.com/join/946050165

2.  Use your microphone and speakers (VoIP) – a headset is recommended. Or, call in using your telephone.

Belgium:  32 (0) 28 93 7001
France:  33 (0) 170 950 585
United Kingdom:  44 (0) 20 3713 5010
United States:  1 (571) 317-3117

Access Code: 946-050-165
Audio PIN: Shown after joining the meeting

Meeting ID: 946-050-165

GoToMeeting®
Online Meetings Made Easy®

Not at your computer? Click the link to join this meeting from your iPhone®, iPad®, Android® or Windows Phone® device via the GoToMeeting app.

FY 2015 Preliminary Results Availability

Bittnet Systems S.A. (hereinafter referred to as “the Company”) informs the shareholders about the availability of the Preliminary Results for fiscal year 2015 – attached to this Current Report and published on the internet at

BNET – 31.12.2015 – Preliminary Results – EN

On Tuesday, February 23 2016 at 10.30 A.M., the Company will host an information meeting at Bucharest Stock Exchange, 14th Floor, Aquarium Room. The videocast will be later available via https://www.bittnet.ro/investors/

The meeting will be held in Romanian and English and questions can asked via investors@bittnetsystems.ro

Presentation material for the meeting will be available approx. one hour before the meeting at https://www.bittnet.ro/investors/ and during the event.

Contact details: investors@bittnet.ro , 0722.217.264