The Management Board of Cyfrowy Polsat S.A. ("Cyfrowy Polsat") informs, in connection with the announcement on 5 December 2017 by Cyfrowy Polsat pursuant to art. 73 par. 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (unified text: Journal of Laws of 2018, item 512, as amended) and in accordance with the Regulation Minister of Development and Finance of September 14, 2017 on the templates of calls to subscribe for the sale or exchange of shares in a public company, the detailed manner of their publication and the conditions for purchasing shares as a result of these calls (Journal of Laws of 2017, item. 1748) a call to subscribe for the sale of Netia SA shares ("Company", "Call") that until the end of the subscription period in response to the Call, i.e. by May 14, 2018, among the conditions reserved in the content of the Call:
• the reserved condition in item 29 has been fulfilled The call, ie Cyfrowy Polsat, received the unconditional consent of the President of the Office of Competition and Consumer Protection to the concentration consisting in the acquisition by Cyfrowy Polsat of control over the Company, which Cyfrowy Polsat announced on May 11, 2018;
• the reserved condition in item 30 sub-point (a) of the Tender has been fulfilled, ie the general meeting of the Company adopted a resolution to reduce the Company's share capital by redeeming all own shares held by the Company in the amount of 13,102,314 (thirteen million one hundred and two thousand three hundred fourteen) shares of the Company, representing 3.76% of the share capital of the Company, as notified by Cyfrowy Polsat on January 31, 2018;
• the condition reserved in item 30 subsection (b) of the Tender, ie the supervisory board of the Company did not adopt a resolution on the adoption of the uniform text of the Company's statute, including the change in the share capital of the Company registered by the competent court resulting from the reduction of the share capital of the Company ;
• the condition reserved in point 30 subpoint (c) of the Tender has survived, ie until the day of subscribing for subscription for the Company shares in the Tender Offer, no ordinary general meeting of the Company was held, and therefore no resolutions were passed regarding the distribution of profit for the year rotary 2017.
Entities purchasing shares in the Call, ie Cyfrowy Polsat and Karswell Limitedthey have decided to purchase the Company's shares under the Tender Offer despite not complying with the above-mentioned condition as stipulated in the Tender Offer.
The announcement of the Call Cyfrowy Polsat reported in the current report No. 26/2017 of December 5, 2017.
The full text of the announcement was published on the PAP website.
Automatic translation of the announcements.