Bulletin
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03 April 2012
Exercise of the stock options by the Management Board member (25/2012)
In connection with the current report No. 12/2011
dated March 1, 2011 Netia SA (the “Company”) informs that on Monday
April 2, 2012 Jonathan Eastick, member of the Management Board of the
Company, delivered a stock option exercise letter, for 2,000,000 stock
options granted pursuant to the stock option plan adopted by the
Company’s Supervisory Board on 28 June 2002, as amended, which shall
expire on 20 December 2012 (the “Plan”). The strike price of the stock
options was PLN 5.50.
The decision to exercise the above mentioned stock options was taken based on the fact that the Plan expires on December 20, 2012. Therefore other participants of the Plan can also be expected to exercise their stock options and acquire Netia shares over 2012.
The publication of the abovementioned information by the Company is without prejudice to other informational obligations of the respective members of the Management Board and the Company related to the acquisition of the shares in the Company.
The detailed information about the rules of the Plan may be found on Netia’s investor website at www.investor.netia.pl.
Legal basis: Article 56, section 1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (Journal of Laws 2005, No. 184, item 1539)
The decision to exercise the above mentioned stock options was taken based on the fact that the Plan expires on December 20, 2012. Therefore other participants of the Plan can also be expected to exercise their stock options and acquire Netia shares over 2012.
The publication of the abovementioned information by the Company is without prejudice to other informational obligations of the respective members of the Management Board and the Company related to the acquisition of the shares in the Company.
The detailed information about the rules of the Plan may be found on Netia’s investor website at www.investor.netia.pl.
Legal basis: Article 56, section 1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (Journal of Laws 2005, No. 184, item 1539)