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DHH acquires 100% of mCloud

Milan, 20 May 2021. DHH S.p.A. (“DHH”) (DHH.MI | WDHH21.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005203689), the cloud computing provider of Southeast Europe, announces that today it has acquired the remaining 38% share of mCloud d.o.o. from Boško Radivojević...

The Board of Directors of DHH S.p.A. examined and approved the draft statutory financial statements as well as the group consolidated financial statements and pro-forma consolidated financial statements at 31 December 2020, with proposal to distribute an ordinary dividend in kind equal to no. 1 share per each no. 25 shares held (equivalent to Euro 2.205.101 as per the shares’ price at March 25, 2021)

In 5 years since the foundation (2015), DHH passes from being an idea “on paper” to a leading player in the cloud computing industry in Southeastern Europe focused on recurring revenue by selling subscription-based, “as a service” products (SaaS – “Software As A...