Milan, 30 March 2018. The Board of Directors of DHH S.p.A. (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), a tech company whose mission is to create the “Internet Platform of the Emerging markets of Europe,” announces the launch of SYSBEE, a startup focused on managed hosting and led by Zvonimir Gembec, former founder and CEO of Plus Hosting, one of the veterans of the internet field in the Balkans.

In particular, today DHH d.o.o. (DHH Croatia) started the process of splitting, in which process a new company will be established, SYSTEM BEE limited liability company for information technology solutions (SYSBEE Ltd.), with the share capital of 20.000 kunas (approx.. 2.700 EUR). The only member of the new company shall initially be DHH SpA, and in the next step of the process, share capital of the new company is planned to be increased, by payment of the share of the new member of the company, Mr. Zvonimir Gembec, who serves as a CEO of the company.

Today all parties involved notarized the necessary documentation at the Croatian notary public, and the company submitted applications for splitting DHH and formation of SYSBEE Ltd. to the court registry of the Commercial court in Pazin.

Giandomenico Sica, Chairman of the Board of Directors of DHH, commented: “Sysbee is a strategic project for DHH and we are particularly happy to have Zvonimir Gember as a partner and a co-entrepreneur. Zvonimir is the former founder of Plus Hosting, he is one of the most prominent figures in the web hosting market in our region and a great person to collaborate with. It is a pleasure to cooperate with Zvonimir, and we have great ambitions for this initiative through which we want to establish, from Croatia, a business with global potential.

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