Share buyback program announcement
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On March 1, 2018 Netmedia S.A. launched a share buyback program in which it may repurchase up to one million of its shares. The company offers PLN 9.80 for one share.

The buyback is carried out in the form of a share purchase offer and Dom Maklerski BOŚ S.A. acts as a broker. Offers can be submitted until March 9. The expected closing and settlement date is March 16, 2018.

Purchase is carried out pursuant to the General Meeting’s resolution of June 2017. The resolution authorized the Management Board to launch a three-year program in which the company may acquire up to three million own shares which account for 32.42% of the share capital.

The average price of Netmedia shares for the last 3 months amounted to PLN 9.26 and for the last six months to PLN 8.73. The company's offer stands at PLN 9.80.

 - We believe that accepting our offer may be an interesting option for investors, especially due to the attractive price which significantly exceeds the average stock price for the last 3 months - comments Mr. Andrzej Wierzba, Netmedia CEO.

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