4iG Plc.

March 31, 2022

LATEST NEWS

Powerline 4iG. LATEST NEWS

ON THE COMPANY’S ACTIVITIES IN Q1 2022

2

4iG Plc.

March 31, 2022

LATEST NEWS

CONTENTS

1.

ABSTRACT ………………………………………… . …………………………………………. . …

4

2.

UNAUDITED IFRS CONSOLIDATED FINANCIAL STATEMENTS ………………

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3.

GENERAL INFORMATION ABOUT THE ISSUER …………………………………….. …………………

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4.

INFORMATION ON THE SHARES ………………………………………. ……………………………………………. .

11

5.

SHAREHOLDER STRUCTURE ………………………………………….. …………………………………………………. ..

12

6.

OFFICERS ………………………………………… ………….. …………………………….. ……………………………………….

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seven.

PERSONS AUTHORIZED TO SIGN THIS REPORT …………………………………….. …. ……………….

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8.

COMPANIES INCLUDED IN THE CONSOLIDATION ……………………………………….. …….

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9.

MAJOR EVENTS OF THE PERIOD (IN CHRONOLOGICAL ORDER) ………………………

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ten.

EVENTS AFTER THE BALANCE SHEET DATE ………………………………………….. ………… ……………..

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11.

REPRESENTATION …………………………………………. ………………………………………….. ……….

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4iG Plc.

March 31, 2022

LATEST NEWS

1. SUMMARY

4iG Plc.1 (hereinafter referred to as: “4iG”, “Company”, “Company”, “Group of companies”, “4iG

group of companies”) has become the dominant info-communications business group in Hungary and the region through its recent acquisitions, organic growth and the contribution of its telecommunications portfolio to Antenna Hungária. Following the construction in the

telecommunications and IT sector, 4iG Plc. is:

  • Hungary market-leading IT systems integrator;
  • the second largest telecommunications group in Hungary;
  • the dominant professional in the Western Balkan region – including Albania and Montenegro – and at the same time the largest investor in Albania in the telecommunications segment.

Transactions concluded during the past year closed the transformation process that transformed 4iG Plc. from an IT systems integration company to a wide baseInternational group of info-communications companies providing telecommunications and computing services. Currently employing 6,900 people, the company group’s shareholding structure, capital strength and international economic ties provide further growth potential for the company group in Hungary, the Western Balkans, the Middle East and in the Central and Eastern European region.

Strategic partnership, new major investors

Following the transformation and acquisitions of the group of companies, the ownership structure of 4iG Plc. has changed considerably. At the time of the publication of the flash report, the main shareholder of 4iG remains Jászai Gellért, who holds the majority of the shares (51.22%) through investment companies and private equity funds. Bartolomeu Investment Kft.2, of Portuguese origin, (7.41%) further increased its investment in the business group, with two new international investors, Çalik Holding (3.16%), one of the largest business groups in Turkey, and Rheinmetall AG (25.12%), one of the world’s leading defense and automotive companies, also acquiring a stake in 4iG. Düsseldorf-based Rheinmetall is 4iG Plc’s largest strategic investor. Through the partnership between the companies, 4iG will become a key digitalization and IT partner for a global company that is also a major player in the international defense and automotive industry. The collaboration is not limited to Hungary, but will also extend to international Rheinmetall stakeholders.

The acquisition of international institutional investors and the strategic partnership agreement with Rheinmetall will significantly support 4iG’s international growth strategy and open up new market opportunities for the business group in the IT and telecom services sectors.

  1. 4iG Nyrt. – in English: 4iG Plc.
  2. Bartolomeu Investment Kft. – in English: Bartolomeu Investment Ltd.

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4iG Plc.

March 31, 2022

LATEST NEWS

Financial results

The transformation of 4iG Plc. is also clearly reflected in the first quarterly financial statements of the group of companies prepared in accordance with International Financial Reporting Standards (IFRS).

The consolidated turnover of 4iG Plc., accounted for in accordance with IFRS, amounted to 48.9 billion Hungarian forints, whose value is 221% higher compared to the same period of the previous year. Consolidated activity result indicator for the group of companies has also improved considerably: the Company’s profit after tax amounted to 2.2 billion Hungarian forints, exceeding that of the previous year by 287%, and the EBITDA value is HUF 14.5 billionWhich one is 1,347% more than the result before amortization and financial results acquired in the first quarter of 2021.

When evaluating the financial performance of the group of companies in the first quarter, it should be taken into account that the consolidated statement of comprehensive income does not yet include data from Antenna Hungária Zrt.3 and Albanian ONE Telecommunications. Moreover, the performance of ALBtelecom, another Albanian telecommunications company, was only partially taken into account (1 month) in the preparation of the report. Another important factor is that due to the seasonality of the IT industry, the time distribution of industry revenue is concentrated in the third and fourth quarters.

Payment of dividends

The shareholders decided at the Company’s Annual Ordinary General Meeting that the Company pays a dividend in the amount of 29,-HUF,that’s to say twenty nineHungarian forints, per share after the 2021 financial year for the quantity of 102,350,843 ordinary shares marketed on December 31, 2021 and reduced by 857,078 quantity of own shares of the Company. The dividend payment date is July 4, 2022.

Capital market performance

The value of the average trading price of 4iG shares was 792,- Hungarian Forints subject to the 1st quarter of 2022 was 22.7% higher than the same period of the previous year. The closing rate was 805.- Hungarian forints in March 2022, which exceeded the closing rate at the end of March 2021 by 21.6%. At the time of writing, 4iG shares were trading in a range between 780-820Hungarian forint. With regard to the market capitalization of the Company, its amount has been 224.8 billion Hungarian forints on the 31st of March in 2022.

3 Antenna Hungary Zrt. – in English: Antenna Hungária Plc.

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Disclaimer

4iG Nyrt. published this content on May 31, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on May 31, 2022 3:20:11 PM UTC.

Public now 2022

All the news from 4IG NYRT.

2022 sales 97,888M
268M
268M
Net income 2022

Net cash 2022 5,000 million
13.7 million
13.7 million
PER 2022 ratio
2022 return 4.71%
Capitalization 78,298 million
214M
214M
EV / Sales 2022 0.75x
EV / Sales 2023 0.60x
# of employees 1,282
Floating 37.3%


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