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Tuesday, October 27, 2020 
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Bittnet new pre-emptive rights start trading on BVB s MTS

2/20/2020

Bucharest Stock Exchange (BVB) informs the on Friday, February 21st, a new Bittnet Systems (BNET) pre-emptive rights issue debuts on BVB's Multilateral Trading System (MTS). A number of 55,233,205 pre-emptive rights (ticker: BNETR06 , ISIN - ROT8UBH34MD5) will be able to be traded between February 21st - March 2nd, 2020, on the BVB’s MTS.

The pre-emptive rights were issued as part of a share capital increase by issuing 11,046,641 ordinary shares, offered for subscription at a price of RON 0.83/ share, in accordance with the decision of the General Shareholders' Meeting in April 24th, 2019.

After the trading period, the holders of BNETR06 rights will be able to subscribe the new shares during the 1st Stage of the increase, between March 5th and April 3rd, 2020. The subscription ratio is 5 preemptive rights for 1 new share.

Tradeville is the Authorized Advisor who assisted Bittnet Systems in preparing the prospectus for the capital increase.