The maximum aggregate price to be paid for the repurchase of shares under this program will not exceed EUR 82.3m.

The Board of Directors of DIGI Communications decided on the initiation of the class B share buyback program, through which the company is authorized to acquire a maximum of up to 10% of the issued class B share capital. The buyback program could last for a 12-month period, until 30 April 2020, and would include the repurchase of maximum 3.5m shares.

The company notes that the maximum aggregate price to be paid for the repurchase of shares under this program will not exceed EUR 82.3m. This means that the maximum price per class B share equals to RON 40. On the other hand, the minimum price for the acquisition shares will be equal to the market price of BSE at the moment of the acquisition.