Information on purchase of Netia's shares (48/2009)
WARSAW, Poland – October 22, 2009 – Netia SA (“Netia”) (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunications services, announced that it received a notification informing that ownership of Netia’s shares held by ING Otwarty Fundusz Emerytalny (“ING OFE”) has increased above the threshold of 10% of the total number of votes at Netia’s General Meeting of Shareholders.
In accordance with the notification, as a result of the purchase of Netia shares on the Warsaw Stock Exchange in transactions settled on October 14, 2009, as of the notification date ING OFE holds 39,941,766 Netia shares, representing 10.26% of Netia’s share capital and entitling to 39,941,766 votes, which represented 10.26% of the total number of votes at Netia’s General Shareholder Meeting.
Previously, ING OFE held 38,741,76 Netia shares, which represented 9.95% of Netia’s share capital, and was entitled to 38,741,76 votes, representing 9.95% of the total number of votes at Netia’s General Shareholder Meeting.
In addition, the shareholder informed that ING OFE does not exclude increasing or reducing its shareholding in the Company, depending on market situation and the Company’s performance. The purchase of the Company’s shares is made in order to invest within the investment activity of the fund.