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Monday, December 10, 2018 
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Clarification transaction of insiders

Release Date: 10/5/2017 4:56:52 PM

IRIS Code: 51E6A

Current report no. 28 / 2017

Current report according to:


Rulebook BVB for AeRO-ATS , Law 24/2017, ASF 1/2006

Date of report:


Name of the issuing entity:

Bittnet Systems S.A.


Soimus Street, no. 23, bl. 2, Sc. B, 2nd Floor, Ap. 24, District 4

Tel/fax number:

0040 21 527 16 00 / 0040 21 527 16 98

Single Registration:

RO 21181848

Number with the Trade Registration:


Subscribed and paid share capital:

2,902,824.60 RON

The market where the securities issued are traded:

AeRO ATS Premium



Clarification transaction of insiders



In order to ensure that the shareholders are properly informed, the Company warns shareholders about a wrong information published today in the press. 5th of October 2017, Ziarul Financiar published, both in print version and online, the article: ”Cristian Logofatu, shareholder and founder at Bittnet, sells shares for RON 22,400”.

The article showing that Mr. Logofatu Cristian - CFO Bittnet -  has sold a package of 120,000 Bittnet shares is incorrect. The notifications published on the Bucharest Stock Exchange's news feed reveal the right information: Mr. Logofatu Cristian sold 120,000 preference rights (ticker: BNETR02) but bought 19,200 shares (ticker: BNET). The correct information can be found bellow:






Cristian Logofatu



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