The Management Board of Cyfrowy Polsat S.A. (the "Company") hereby announces that on March 18, 2015 it received a notification from Mr. Zygmunt Solorz-Żak, Chairman of the Supervisory Board of the Company, provided under article 160 of the Act of July 29, 2005 on Trading in Financial Instruments.
According to the received notification, under the agreement of March 16, 2015, Argumenol Investment Company Limited, seated in Nicosia, Cyprus, entity controlled by Mr. Solorz-Żak, disposed to Embud Sp. z o.o. seated in Warsaw, Poland, entity also controlled by Mr. Solorz-Żak, the ownership of 28,415,173 ordinary series J bearer shares of the Company.
According to Mr. Solorz-Żak’s notification, the total price of the disposed shares of the Company amounted to PLN 660,936,923.98, i.e. PLN 23.26 per share. The registration of shares on the securities account took place on March 16, 2015.