Bulletin
As Netia decided to withhold from providing an English version of its website, these of the company Followers who would be interested in subscribing Netia reports in Polish are kindly requested to register in the box below
25 February 2011
Information on purchase and sale of Netia's shares (11/2011)
WARSAW, Poland – February 25, 2011 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that it received a notification from The SISU Capital Fund Limited („SISU Capital Fund”) on the following transactions:
In accordance with the notification, there are no other dependant entities of SISU Capital Fund that hold shares in Netia.
In parallel, the Company received a separate notification from the SISU Capital Master Fund on the transaction described in item 2 above.
- Sale transaction of the Company’s shares resulting in a decrease of The SISU Capital Fund’s direct ownership of Netia’s shares below the threshold of 5% of the total number of votes at Netia’s general shareholders’ meeting.
According to the notification, as a result of the sale of Netia’s shares on February 21, 2011 on the Warsaw Stock Exchange, settled on February 24, 2011, The SISU Capital Fund decreased the number of votes held directly at the General Shareholders' Meeting of Netia below the 5% threshold and currently holds directly no shares in Netia.
Prior to this transaction, The SISU Capital Fund held directly 20,256,598 of Netia shares, which represented 5.20% of Netia’s share capital and entitled to 20,256,598 votes representing 5.20% of the total number of votes in Netia. - Purchase transaction, settled on February 24, 2011, of 32,981,481 of the Company’s shares on the Warsaw Stock Exchange, which were representing 8.47% of Netia’s share capital and entitling the holder thereof to exercise 32,981,481 votes, which represent 8.47% of the total number of votes at Netia’s general shareholders’ meeting the Company’s shares by The SISU Capital Master Fund Limited („The SISU Capital Master Fund”), an entity controlled by The SISU Capital Fund.
As a result of the above transaction, The SISU Capital Fund holds indirectly through The SISU Capital Master Fund 32,981,481 of Netia shares, representing 8.47% of Netia’s share capital and entitling the holder thereof to exercise 32,981,481 votes, which represent 8.47% of the total number of votes at Netia’s general shareholders’ meeting.
Before the aforementioned purchase of shares, SISU Capital Master Fund held no shares in Netia.
In accordance with the notification, there are no other dependant entities of SISU Capital Fund that hold shares in Netia.
In parallel, the Company received a separate notification from the SISU Capital Master Fund on the transaction described in item 2 above.
In accordance with the previous notification dated April 2, 2007 (see Netia’s current report No. 47/2007 dated April 3, 2007), filed by SISU Capital Limited on behalf of The SISU Capital Fund, The SISU Capital Fund LP, The SISU Capital Fund Ltd II, Ltd and ARVO Master Fund Ltd, the above mentioned entities jointly held 39,043,006 of Netia shares, representing 10.03% of 8 Netia’s share capital and entitling the holder thereof to exercise 39,043,006 votes, which represent 10.03% of the total number of votes at Netia’s general shareholders’ meeting. The previously reported shareholding today represents 10.02% of Netia's current share capital and 10.02% of the total number of votes at Netia’s General Shareholder Meeting.