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31 August 2012

Information on sale of Netia shares by a person having permanent access to inside information (80/2012)


Warsaw, Poland – August  31, 2012 - Netia SA ("Netia" or the "Company") (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunication services, announced that on August 31, 2012 it received a notification from a person who holds a managerial position in the organisational structure of the Company (not a Management Board member), having permanent access to inside information related, whether directly or indirectly, to the Company and being authorised to make decisions concerning the Company‘s development and economic prospects, whereby this person advised that on August 27 and August 31, 2012 sold on the Warsaw Stock Exchange 39,126 ordinary bearer shares of the Company as follows:
 
i)      on August 27, 2012:
·      5,911 ordinary bearer shares of the Company sold at the price per share of PLN 5.92,
·      1,040 ordinary bearer shares of the Company sold at the price per share of PLN 5.93,
·      400 ordinary bearer shares of the Company sold at the price per share of PLN 5.95,
·      1,000 ordinary bearer shares of the Company sold at the price per share of PLN 5.98,
·      2,350 ordinary bearer shares of the Company sold at the price per share of PLN 6.00,
·      350 ordinary bearer shares of the Company sold at the price per share of PLN 6.01,
·      2,300 ordinary bearer shares of the Company sold at the price per share of PLN 6.02,
·      590 ordinary bearer shares of the Company sold at the price per share of PLN 6.03,
·      9,363 ordinary bearer shares of the Company sold at the price per share of PLN 6.05,
·      6,696 ordinary bearer shares of the Company sold at the price per share of PLN 6.06,
 
ii)    on August 31, 2011:
·      9,126 ordinary bearer shares of the Company sold at the price per share of PLN 6.03,


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).