Information on sale of Netia's shares (33/2013)
According to the notification, as a result of sale transactions effected on the Warsaw Stock Exchange on July 22, 2013, which were settled on July 25, 2013, as of the latter date Third Avenue Management holds 57,935,934 Netia shares, representing 14.998% of Netia’s share capital and entitling the holder thereof to exercise 57,935,934 votes, which represents 14.998% of the total number of votes at Netia’s General Meeting of Shareholders.
Prior to the above change, Third Avenue Management LLC held 58,057,385 Netia shares, which represented 15.03% of Netia’s share capital and was entitled to 58,057,385votes, representing 15.03% 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.Litman/Gregory Masters’ Select International Fund Masters’ Select Funds Trust
3.Third Avenue Separately Managed Accounts
4.Third Avenue Institutional International Value Fund
5.Third Avenue International Value Fund
6.Third Avenue International Value Fund UCITS
The Company would like to note that the above notification is based on Netia's outstanding share capital of 386,280,904 shares and does not reflect the impact of the pending redemption of 38,368,130 treasury shares approved by the General Shareholders Meeting of Netia on June 28, 2013 (see Netia’s current report No. 27/2013) and currently awaiting court registration.