Global City Holdings
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11

Feb

Current report No. 5/2008 dated 28 January 2008: PURCHASE OF THE COMPANY SHARES BY INSIDERS

Cinema City International N.V. with its corporate seat in Amsterdam, The Netherlands, (the "Company") gives notification that on 28 January 2008 the Company was informed by its members of the Management Board and one member of its Supervisory Board that their affiliated company (in the meaning of Article 160.2.4.a) of the Polish Act on Trading in Financial Instruments of 29 July 2005):

 

1.       purchased 6 500 ordinary bearer shares of the Company at the share price of PLN 24.42 for each share. The shares were purchased in the trading session on the regulated market of the Warsaw Stock Exchange. The transaction took place on 21 January 2008 and was settled on 24 January 2008.

2.       purchased 2 600 ordinary bearer shares of the Company at the share price of PLN 24.13 for each share. The shares were purchased in the trading session on the regulated market of the Warsaw Stock Exchange. The transaction took place on 22 January 2008 and was settled on 25 January 2008.

 

 

Legal grounds: Article160.4 of the Act on Trading in Financial Instruments of 29 July 2005 in conjunction with Article 56.1 of the Act on Public Offerings, Conditions governing the Introduction of Shares to Organised Trading and on Public Companies.