Information on sale of Netia shares by management board member and acquisition of Netia shares by a person closely related with the management board member (55/2012)
Warsaw, Poland – June 18, 2012 - Netia SA ("Netia" or the "Company") (WSE: NET), Poland’s largest alternative provider of fixed-line telecommunication services, announced that on June 18, 2012 it received a notification from a person holding a position of the Company’s Management Board member, whereby this person advised that on June 15 2012 he transferred 1.057.011 ordinary bearer shares of the Company. The Netia shares were transferred to a company controlled by an obliged person, i.e. to a 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), as a contribution in-kind. The in-kind contribution was made at the price of PLN 5.93 per share.