Acting pursuant to Art. 160.1.4 of the Act on Trading in Financial Instruments of July 29th 2005 (Dz. U. of 2005, No. 183, item 1538), Inter Cars S.A. ("Company") hereby reports that on December 6th 2011 it was notified that four members of the Management Board (Piotr Kraska, Krzysztof Soszyński, Robert Kierzek and Wojciech Milewski) sold a total of 140,000 Company shares (35,000 shares each). The shares were sold in transactions executed during the trading session on November 30th 2011 at a price of PLN 82.20 (eighty-two złoty, twenty grosz) per share. The value of an individual transaction was PLN 2,877,000, which added up to PLN 11,508,000. Following the transactions, the shareholdings of the Management Board members are as follows:
- Robert Kierzek – 39,834 shares,
- Krzysztof Soszyński – 39,834 shares,
- Piotr Kraska – 32,500 shares,
- Wojciech Milewski – 32.500 shares,
Moreover, each of the Management Board members undertook not to sell the remaining shares for the period of at least 12 months. The obligation was undertaken independently by each of the Management Board members.
Art. 160.1.4 of the Act on Trading in Financial Instruments of July 29th 2005 (Dz. U. of 2005, No. 183, item 1538).
- Krzysztof Soszyński - Vice-President of the Management Board
- Piotr Kraska - Member of the Management Board