Bittnet Systems S.A. (hereinafter referred to as the “Company”) informs the shareholders about the upcoming closed period. Between July 26^th, 2017 and August 25^th, 2017, the shareholders who have the status of “insider” or the shareholders holding privileged information, within the meaning of CNVM Regulation no. 1/2006, Law 24/2017, and of Regulation (EU) no. 522/2016 and Regulation (EU) No. 596/2014, shall not conduct any transactions on their own account or for the account of a third party, directly or indirectly, relating to the shares or debt instruments of the issuer or to derivatives or other financial instruments linked to them during a closed period of 30 calendar days before the announcement of an interim financial report. The closed period is due to the fact that on August 25^th 2017, the Company will publish the Semiannual Report for 1^st Half of the financial year 2017 accompanied by the half-year financial results.

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