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28 June 2012

Information on sale of Netia shares by management board member (61/2012)


Warsaw, Poland – June  28, 2012 - Netia SA ("Netia" or the "Company") (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunication services, announced that on June 28, 2012 it received a notification from a person holding a position of the Company’s Management Board member, whereby this person advised that on June 22, 2012 and June 18 - 22, 2012, the company controlled by the obliged person, i.e. the person closely related with the person holding a position of the Company’s Management Board member in accordance with Article 160 par. 2 pt. 4 letter b of the Act on Trading In the Financial Instruments dated 29 July 2005 (Journal of Laws. 2005, No. 183, item 1538 amended), sold on the Warsaw Stock Exchange 501,436 ordinary bearer shares of the Company at the average price of PLN 5.9461 per share,  as follows:
 
i)      on June 22, 2012:
·      140,181 ordinary bearer shares of the Company sold at the price per share of PLN 5.90,
·      2,861 ordinary bearer shares of the Company sold at the price per share of PLN 5.91,
·      11,432 ordinary bearer shares of the Company sold at the price per share of PLN 5.92,
·      324 ordinary bearer shares of the Company sold at the price per share of PLN 5.93,
·      500 ordinary bearer shares of the Company sold at the price per share of PLN 5.94,
·      6,500 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,
·      38,202 ordinary bearer shares of the Company sold at the price per share of PLN 5.96,
·      100,000 ordinary bearer shares of the Company sold at the price per share of PLN 6.00,
·      1,436 ordinary bearer shares of the Company sold at the price per share of PLN 6.05,
 
ii)    on June 25, 2012:
·      40,118 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,
 
iii)   on June 26, 2012:
·      47,083 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,
 
iv)  on June 27, 2012:
·      12,799 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,
 
v)    on June 28, 2012:
·      100,000 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,


Legal basis

Section 160 of the Act on Trading In the Financial Instruments dated 29 July 2005 (Journal of Laws. 2005, No. 183, item 1538 amended).