Bulletin
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08 December 2011
Confidential information – consent of the President of the UOKiK for a concentration by way of the takeover of Crowley Data Poland sp. z o.o. by Netia S.A. (68/2011)
The management board of Netia S.A. (“Netia”) hereby announces that on December 8, 2011 it obtained a decision from the President of the Polish Antimonopoly Authority (the “President of the UOKiK”) whereby the President of the UOKiK granted his unconditional consent to the concentration by way of the takeover of Crowley Data Poland sp. z o.o., with its registered office in Warsaw (“CDP”).
The issuance of the unconditional consent of the President of the UOKiK to the takeover of CDP means that the condition precedent specified in the conditional agreement creating an obligation to sell shares in CDP executed among Netia, as the purchaser, and Crowley Data, LLC and Crowley Poland, LLC, as the sellers, on 29 September 2011 (the “Agreement”) has been fulfilled. The execution of the Agreement was announced by Netia in current report No. 47/2011 dated 29 September 2011.
Legal basis:
Article 56, section 1.1 of the Act dated 29 July 2005 of the Act on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and on Public Companies (Journal of Laws No. 184, item 1539, as amended).
The issuance of the unconditional consent of the President of the UOKiK to the takeover of CDP means that the condition precedent specified in the conditional agreement creating an obligation to sell shares in CDP executed among Netia, as the purchaser, and Crowley Data, LLC and Crowley Poland, LLC, as the sellers, on 29 September 2011 (the “Agreement”) has been fulfilled. The execution of the Agreement was announced by Netia in current report No. 47/2011 dated 29 September 2011.
Legal basis:
Article 56, section 1.1 of the Act dated 29 July 2005 of the Act on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and on Public Companies (Journal of Laws No. 184, item 1539, as amended).