Extraordinary Announcement of 4iG PLC

closing the transaction of the 100% ownership in DTSM Kft.

4iG PLC ('4iG') hereby informs the market that 4iG has been closed today the transaction to acquire 100% ownership of the shares of DTSM Kft. after that the transaction has been confirmed by the competition supervision procedure of the Hungarian Competition Authority (in Hungarian: Gazdasági Versenyhivatal).

Founded in 2018, the scope of DTSM activities ranges from the physical operation of data centers to the installation and operation of IT and telecommunications systems and to the construction and integration of cloud computing technologies. DTSM has significant competencies in the service desk service area and serves 2,000 corporate customers daily.

The acquisition is an important step in expanding 4iG's existing capacities and competencies. 4iG PLC aims to build key positions in the operation of IT systems and data centers, as well as in service desk services.

Budapest, December 07rd, 2020

4iG PLC

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4iG Nyrt. published this content on 07 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2020 12:48:05 UTC