Bloomberg News

Cyfrowy Polish Share Sale May Be Completed Today, PAP Reports

June 22, 2011

June 22 (Bloomberg) -- Shareholders of Cyfrowy Polsat SA may complete the sale of 86.1 million shares in Poland’s second- largest television network today, the PAP newswire reported late yesterday, citing unnamed fund managers.

Zygmunt Solorz-Zak and Heronim Ruta are selling Cyfrowy in a process of so-called accelerated bookbuilding, Warsaw-based Cyfrowy said in a regulatory statement yesterday, without giving the timing of the sale.

To contact the editor responsible for this story: Marta Waldoch at mwaldoch@bloomberg.net


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