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27 November 2012
Issuance of Netia’s series K shares (105/2012)
WARSAW, Poland – November 27, 2012 – Netia SA (“Netia” or the “Company”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced that it was notified about the settlement of a transaction by Krajowy Depozyt Papierów Wartościowych SA (National Depository of Securities) (“KDPW”), as a result of which on November 27, 2012 the Company issued, from its authorized capital, 68,674 ordinary bearer series K shares with a nominal value of PLN 1 each (“Series K Shares”), which give the right to 68,674 votes at Netia’s general meeting of shareholders.
The Series K shares were issued due to the exercise of stock options by a person being a heir to a person who held a managerial position in the Company (but not a management board member) and by the former employee of the Company. These stock options were granted under the performance stock option plan adopted by Netia’s Supervisory Board on June 28, 2002, as amended. By resolution No. 218/03 of May 14, 2003, the Management Board of KDPW assigned the Series K Shares with the PLNETIA00097 code.
Netia’s issued and outstanding share capital, following this issuance is PLN 386,280,904 and represents 386,280,904 shares, PLN 1 par value per share, each share giving the right to one vote at Netia’s general meeting of shareholders.
The Series K shares were issued due to the exercise of rights attached to 68,674 ordinary bearer Series III notes, authorizing their holders to subscribe for the Series K Shares prior to the Company’s shareholders, having a nominal value of 1 grosz (PLN 0.01) each (“Series III Notes”). In connection with the exercise of rights from the Series III Notes, the Company bought and redeemed 68,674 Series III Notes.
The Series K shares were issued due to the exercise of stock options by a person being a heir to a person who held a managerial position in the Company (but not a management board member) and by the former employee of the Company. These stock options were granted under the performance stock option plan adopted by Netia’s Supervisory Board on June 28, 2002, as amended. By resolution No. 218/03 of May 14, 2003, the Management Board of KDPW assigned the Series K Shares with the PLNETIA00097 code.
Netia’s issued and outstanding share capital, following this issuance is PLN 386,280,904 and represents 386,280,904 shares, PLN 1 par value per share, each share giving the right to one vote at Netia’s general meeting of shareholders.
The Series K shares were issued due to the exercise of rights attached to 68,674 ordinary bearer Series III notes, authorizing their holders to subscribe for the Series K Shares prior to the Company’s shareholders, having a nominal value of 1 grosz (PLN 0.01) each (“Series III Notes”). In connection with the exercise of rights from the Series III Notes, the Company bought and redeemed 68,674 Series III Notes.