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02 October 2012
Information on sale of Netia shares by management board member and acquisition of Netia shares by a person closely related with the management board member (89/2012)
Warsaw, Poland – October 2, 2012 - Netia SA ("Netia" or the "Company") (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunication services, announced that on October 2, 2012 it received a notification from a person holding a position of the Company’s Management Board member, whereby this person advised that on October 1, 2012 he transferred 1.600.000 ordinary bearer shares of the Company. The Netia shares were transferred to the company controlled by the obliged person, ie., to a 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 July 29, 2005 (Journal of Laws. 2005, No. 183, item 1538 amended), as a contribution in-kind. The in-kind contribution was made at the price of PLN 6.15 per share.
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).
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).