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02 April 2007
Share options granted under a key employee stock option plan
WARSAW, Poland – April 2, 2007 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services announced that on April 1, 2007 its Supervisory Board granted to Mr. Bertrand Le Guern, Netia’s Management Board member and Chief Operations Officer, 5,000,000 (five million) stock options authorizing him to subscribe for series K shares in accordance with the Netia Performance Stock Option Plan of June 28, 2002, as amended (see the press release of April 11, 2003).
The grant is divided into three tranches: 2 million, 1.5 million and 1.5 million. The strike prices of the options equal for each tranche respectively: PLN 5.50, PLN 7.00 and PLN 8.25. The granted options shall expire on December 20, 2012.
The grant is divided into three tranches: 2 million, 1.5 million and 1.5 million. The strike prices of the options equal for each tranche respectively: PLN 5.50, PLN 7.00 and PLN 8.25. The granted options shall expire on December 20, 2012.