Warsaw, Poland – May 13, 2011 - 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 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, and who is currently under a termination period of his employment contract with the Company, whereby this person advised that on May 11, 2011 he sold on the Warsaw Stock Exchange 90,449 ordinary bearer shares of the Company 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).
- 2,671 ordinary bearer shares of the Company sold at the price per share of PLN 5.37;
- 87,778 ordinary bearer shares of the Company sold at the price per share of PLN 5.36.