Investor Relations

Extraordinary Announcement of 4iG Plc.

On the signing of the acquisition of 100% ownership of DIGI Távközlési és Szolgáltató Kft. and its subsidiaries

4iG Public Limited Company (hereinafter: “4iG”) hereby informs the Capital and Financial Markets that following the completion of the due diligence, 4iG and RCS & RDS S.A. (hereinafter: “RCS & RDS”) entered into a final Sale and Purchase (“SPA”) regarding the acquisition of 100% of the ownership of DIGI Távközlési Szolgáltató Kft. (hereinafter: “DIGI”) and its subsidiaries, Invitel Zrt., i-TV Zrt. and DIGI Infrastruktúra Kft.

The transaction value is EUR 625 million, equivalent to approximately HUF 232 billion. The transaction is aimed to be completed in January, subject to the necessary competition authority approval of the Hungarian Competition Authority (“GVH”).

DIGI, with a broad portfolio of services, ranks second in the Hungarian fixed voice, internet and TV market. The company provides high quality services anywhere in the country due to its state-of-the-art fibre to the home (FTTH) network, reinforced backbone and satellite infrastructure. DIGI also has its own television channels and, in addition to its sports channels, it is present in the television broadcasting market with four thematic channels. DIGI launched its mobile telecommunications service in Hungary in May 2019. Due to its continuous development projects, the Company has 2,300 owned base stations and DIGIMobil service provides outdoor mobile coverage to more than 90% of the population across the country. Thanks to its advanced infrastructure, DIGI has become the first Hungarian operator and one of the first in the region to launch the fastest residential internet service in Hungary, with a bandwidth of 10 Gbit/s.

The acquisition of DIGI could be an important step in the creation of a national telecoms and telecoms infrastructure company by combining public and private capital, the platform company of which will be Antenna Hungária, according to the announcement made by the parties at the end of August. 4iG will transfer its telecoms interests to Antenna Hungária Zrt. under the strategic agreement with the state, which will give 4iG a majority stake in the company. The merger will create a new regional telecommunications holding company, whose domestic interests (Antenna Hungária, DIGI, Invitel, Invitech, AH NET) will be able to complement with another telecoms companies in the Western Balkans, due to the ongoing acquisitions.

4iG will keep its shareholders informed about the transaction in the future at all times.

Budapest, 30th November, 2021

4iG Plc.