If the proposition is adopted, KPMG will replace the previous statutory auditor Ernst&Young Accountants LLP which was appointed at the general shareholder meeting of May 18, 2021.
“This proposition is the result of the decision of Ernst&Young Accountants LLP to end the provision of audit services, due to reasons independent of the company”, the summoning note reads.
Digi has a stock market capitalization of RON3.7 billion after its shares have grown by 7.2% since the beginning of 2021, amid deals worth RON83 million, per stock market data.
Digi group reported a profit of EUR48.4 million in the first half of 2021, compared to a loss of EUR41 million in the same period in 2020, and total revenue of EUR695 million, up 11.5% from the same period in 2020, per ZF calculations based on the company’s half-year financial reports.
Digi group is the largest cable operator in Romania, with operations in Hungary, Spain and Italy.