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23 November 2012
Information on sale of Netia shares by a person closely related with the management board member and by a person having permanent access to inside information (103/2012)
Warsaw, Poland – November 23, 2012 - Netia SA ("Netia" or the "Company") (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunication services, announced that today it received a notification from a person holding a position of the Company’s Management Board member, whereby this person advised that on November 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 in total 800,000 ordinary bearer shares of the Company at the average price of PLN 5.42 per share, as follows:
In addition, Netia received today 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 November 20-21, 2012 sold on the Warsaw Stock Exchange in total 39,664 ordinary bearer shares of the Company at the average price per share of PLN 5.41, as follows:
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).
- 1,177 ordinary bearer shares of the Company sold at the price per share of PLN 5.44,
- 798,823 ordinary bearer shares of the Company sold at the price per share of PLN 5.42.
In addition, Netia received today 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 November 20-21, 2012 sold on the Warsaw Stock Exchange in total 39,664 ordinary bearer shares of the Company at the average price per share of PLN 5.41, as follows:
- 9,664 ordinary bearer shares of the Company sold at the price per share of PLN 5.35,
- 15,000 ordinary bearer shares of the Company sold at the price per share of PLN 5.40,
- 15,000 ordinary bearer shares of the Company sold at the price per share of PLN 5.45.
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).