In connection with current report no. 8/2021 of the company Cyfrowy Polsat S.A. (the “Company”) dated 15 April 2021, concerning the intention of the Company to continue acquiring shares of Netia S.A. with its registered office in Warsaw ("Netia") by means of transactions concluded on the regulated market of the Warsaw Stock Exchange (Giełda Papierów Wartościowych w Warszawie S.A.) or outside the regulated market, through Trigon Dom Maklerski S.A., the Management Board of the Company hereby informs that on 30 June 2021 it adopted a resolution to increase the amount dedicated to the continuation of acquiring of Netia shares is such a way that:
- the purchase price of 1 (one) Netia share shall not exceed PLN 7.00
- the total purchase price of all Netia shares remaining in the holding of minority shareholders of Netia shall not exceed PLN 604.1 million.
The acquiring of Netia shares may be effected within 12 months from the date of adoption of the resolution by the Company's Management Board.
On 30 June 2021 the Company's Supervisory Board adopted a resolution consenting to the above-mentioned actions.
Article 17 Section 1 of the Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.