Closing of the subscription period in a tender offer to place subscriptions to sell shares of Netia S.A. and learning the information on the number of shares of Netia S.A. subject to subscriptions placed

Date: 
26 Feb 2021

In connection with Current Report No. 34/2020 dated 23 December 2020 of Cyfrowy Polsat S.A. (the “Company”), in which the Company informed on the decision to announce pursuant to Article 74 Section 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies a tender offer to place subscriptions to sell all the remaining shares of Netia S.A. (“Netia”) (the “Tender Offer”), the Management Board of the Company hereby informs that on 26 February 2021 it learnt from the intermediary executing the Tender Offer that in response to the Tender Offer shareholders of Netia placed subscriptions to sell 84,868 shares of Netia.

In accordance with the schedule of the Tender Offer, the conclusion of transactions for the purchase of the aforementioned shares on the Warsaw Stock Exchange is expected to take place on 3 March 2021, and their settlement is expected to take place on 8 March 2021.

Legal basis

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.

Attached files: 
Category: 
Report Number: 
3/2021
Last updated 02/26/2021