BITTNET SYSTEMS S.A. (hereinafter referred to as “the Company”) informs the shareholders about the intention of the Company to conduct, in the forthcoming period, an offer for sale of corporate bonds through private placement in connection with the business transfer contract signed with Crescendo International S.R.L., operation with following characteristics:

• face value: RON 100

• total value: RON 15.4 million, with the possibility of additional

• 9% annual fixed interest rate, payable semi-annually

• maturity 2023

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