Information on sale of Netia's shares (3/2011)
According to the new notification, as a result of sale transactions effected on the Warsaw Stock Exchange on January 7, 2011, which were settled on January 12, 2011, as of the latter date Third Avenue Management holds 85,578,145 Netia shares, representing 21.97% of Netia’s share capital and entitling the holder thereof to exercise 85,578,145 votes, which represents 21.97% of the total number of votes at Netia’s General Meeting of Shareholders.
Third Avenue Management LLC had previously informed the Company on December 8, 2008 that it held 93,720,763 Netia shares, which represented at that time 24.08% of Netia’s share capital and was entitled to 93,720,763 votes, representing at that time 24.08% of the total number of votes at Netia’s General Shareholder Meeting. The previously reported shareholding today represents 24.06% of Netia's current share capital and 24.06% of the total number of votes at Netia’s General Shareholder Meeting.
Furthermore, Third Avenue Management LLC notified of the following list of clients who transferred voting rights under Company shares they hold to Third Avenue Management LLC:
1.AIC Corporate Fund Inc.
2.Dynamic Equity (Global Equity) Managers: Portfolio 3 [Series]
3.Dynamic Equity (Global Equity) Managers: Portfolio 5 [Series]
4.Global Alpha Plus-International
5.Litman/Gregory Masters’ Select International Fund Masters’ Select Funds Trust
6.Third Avenue Separately Managed Accounts
7.Third Avenue Institutional International Value Fund
8.Third Avenue International Value Fund
9.Third Avenue International Value Fund UCITS