Edition:
United Kingdom

Cyfrowy Polsat SA (CPS.WA)

CPS.WA on Warsaw Stock Exchange

30.42PLN
4:00pm BST
Change (% chg)

0.22zł (+0.73%)
Prev Close
30.20zł
Open
30.20zł
Day's High
30.56zł
Day's Low
29.98zł
Volume
389,547
Avg. Vol
459,334
52-wk High
31.70zł
52-wk Low
21.20zł

Latest Key Developments (Source: Significant Developments)

WSE Is To Suspend A Series Bonds Of Cyfrowy Polsat On May 7
Tuesday, 30 Apr 2019 

May 2 (Reuters) - CYFROWY POLSAT SA ::SAID ON TUESDAY WARSAW STOCK EXCHANGE (WSE) DECIDED TO SUSPEND 107,000 A SERIES BONDS OF THE COMPANY FROM TRADING DUE TO THEIR EARLY REDEMPTION PLANNED BY THE COMPANY.THE SUSPENSION IS TO HAPPEN ON MAY 7.  Full Article

EBRD May Consider Buying Cyfrowy Polsat's Bonds
Wednesday, 10 Apr 2019 

April 11(Reuters) - CYFROWY POLSAT SA ::SAID ON WEDNESDAY IT HAS SIGNED A FRAMEWORK AGREEMENT WITH THE EUROPEAN BANK FOR RECONSTRUCTION AND DEVELOPMENT (EBRD) .UNDER THE AGREEMENT EBRD MAY CONSIDER PURCHASE OF BONDS ISSUED BY CYFROWY POLSAT UNDER ITS 1 BILLION ZLOTY BOND ISSUE PROGRAM.THE DECISION ABOUT BONDS ISSUE IS YET TO BE TAKEN BY THE MANAGEMENT OF THE COMPANY.  Full Article

Cyfrowy Polsat Sets Up Bond Issue Programme For Up To 1 Bln Zlotys
Monday, 25 Mar 2019 

March 26 (Reuters) - Cyfrowy Polsat SA ::SAID ON MONDAY IT HAS DECIDED TO CREATE BOND ISSUE PROGRAMME FOR A TOTAL MAXIMUM NOMINAL VALUE OF 1 BILLION ZLOTYS .THE PURPOSE OF THE PROGRAMME IS TO REFINANCE THE DEBT UNDER SERIES A BONDS OF TOTAL NOMINAL VALUE OF 1 BLN ZLOTYS DUE JULY 21, 2021.BONDS UNDER NEW PROGRAMME WILL BE ISSUED IN ONE OR MORE SERIES UNDER PUBLIC OFFER WITH NOMINAL VALUE OF 1,000 ZLOTYS EACH .THE BONDS MAY BE ISSUED WITH MATURITY NOT LONGER THAN 7 YEARS FROM THE DATE OF ISSUE.  Full Article

Poland's Cyfrowy Gets UOKiK Green Light On Netia's Takeover
Friday, 11 May 2018 

May 11 (Reuters) - CYFROWY POLSAT SA :THE POLISH OFFICE OF COMPETITION AND CONSUMER PROTECTION, UOKIK, AGREES ON THE TAKEOVER OF NETIA <<>> BY CYFROWY POLSAT.IN DECEMBER 2017, CYFROWY POLSAT ANNOUNCED A TENDER OFFER FOR 119.3 MILLION OF NETIA <<>> SHARES FOR 5.77 ZLOTY PER SHARE nFWN1O50HA.THE SUBSCRIPTION PERIOD IS TO END ON MAY 14 nL8N1RM1I2.  Full Article

Cyfrowy Polsat Extends Subscriptions In Tender Offer For Netia Until May 14
Monday, 9 Apr 2018 

April 9 (Reuters) - CYFROWY POLSAT SA ::SAYS DECIDED TO EXTEND THE TERM TO PLACE SUBSCRIPTIONS FOR THE SALE OF SHARES IN NETIA SA <<>> UNDER THE TENDER OFFER UNTIL MAY 14.SAYS AS AT APRIL 9 HAS NOT OBTAINED AN UNCONDITIONAL DECISION FROM THE PRESIDENT OF THE OFFICE FOR COMPETITION AND CONSUMER PROTECTION CONSENTING TO THE CONCENTRATION.CYFROWY POLSAT ANNOUNCED TENDER OFFER FOR 119.3 MILLION NETIA SHARES AT 5.77 ZLOTY PER SHARE ON DEC.5 nFWN1O50HA, THE SUBSCRIPTIONS WERE TO BE PLACED UNTIL APRIL 9.  Full Article

Poland's Cyfrowy Polsat says Q4 net profit falls to 167 mln zlotys
Thursday, 22 Mar 2018 

WARSAW, March 22 (Reuters) - :POLAND'S CYFROWY POLSAT SAYS Q4 NET PROFIT AT 167 MILLION ZLOTYS ($48.81 MILLION) VERSUS 258 MILLION ZLOTYS SEEN IN REUTERS POLL AND 350 MLN IN Q4 2016.POLAND'S CYFROWY POLSAT SAYS Q4 EBITDA AT 873​ MILLION ZLOTYS VERSUS 870 MILLION ZLOTYS SEEN IN REUTERS POLL.POLAND'S CYFROWY POLSAT SAYS Q4 REVENUE AT ‍​2.579 BILLION ZLOTYS VERSUS 2.557 BILLION ZLOTYS SEEN IN REUTERS POLL.IN MARCH, CYFROWY POLSAT ANNOUNCED THAT ITS CONSOLIDATED NET PROFIT IN THE FOURTH QUARTER WOULD LIKELY BE REDUCED BY A ONE-OFF CHARGE OF 144 MILLION ZLOTYS RELATED TO CHANGES IN TAX LEGISLATION, A DEVELOPMENT ANALYSTS SAID WAS NOT REFLECTED IN THEIR FORECASTS nL5N1QN66M.  Full Article

Cyfrowy Polsat agrees new terms of $3.7 bln financing
Friday, 2 Mar 2018 

March 2 (Reuters) - Cyfrowy Polsat ::Polish media and telecoms group Cyfrowy Polsat says it has agreed new terms of financing of its debt.Final repayment date of credit worth up to 12.5 billion zlotys ($3.67 billion) granted to Cyfrowy Polsat extended by 2 years until Sept. 30, 2022.Cyfrowy is due to pay back 1.018 billion zlotys each ear in the years 2019-2021 and 6.627 billion in 2022.Cyfrowy reiterates its main target in debt management will be to permanently lower the debt-to-EBITDA ratio (earnings before interest tax, depreciation and amortisation) to below 1.75 .Cyfrowy says its debt has already fallen from 14.3 billion zlotys in the second quarter of 2014 to 11.4 billion in the third quarter of 2017.  Full Article

Cyfrowy Polsat Extends Subscriptions In Tender Offer For Netia Until April 9
Friday, 23 Feb 2018 

Feb 23 (Reuters) - CYFROWY POLSAT SA ::SAYS DECIDED TO EXTEND THE TERM TO PLACE SUBSCRIPTIONS FOR THE SALE OF SHARES IN NETIA SA <<>> UNDER THE TENDER OFFER UNTIL APRIL 9.SAYS AS AT FEB. 22 HAS NOT OBTAINED AN UNCONDITIONAL DECISION FROM THE PRESIDENT OF THE OFFICE FOR COMPETITION AND CONSUMER PROTECTION CONSENTING TO THE CONCENTRATION .CYFROWY POLSAT ANNOUNCED TENDER OFFER FOR 19.3 MILLION NETIA SHARES AT 5.77 ZLOTY PER SHARE ON DEC.5, THE SUBSCRIPTIONS WERE TO BE PLACED UNTIL MARCH 5 NFWN1O50HA.  Full Article

Cyfrowy Polsat to simplify group structure
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Cyfrowy Polsat ::Polish telecoms and media group Cyfrowy Polsat plans to merge with its Swedish subsidiary Eileme 1 AB, the owner of mobile operator Polkomtel, draft motions for Cyfrowy Polsat's shareholder meeting due Jan. 9 show.Cyfrowy Polsat says the merger will simplify cash flows, reduce operating costs of the group and increase its transparency and credibility.  Full Article

Cyfrowy Polsat says does not exclude further increasing stake in Netia - CFO
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Cyfrowy Polsat ::Polish telecoms and media group Cyfrowy Polsat does not exclude increasing its stake in telecoms firm Netia above a currently targeted level of about 66 percent of shares, Cyfrowy's Chief Financial Officer Katarzyna Ostap-Tomann says.Cyfrowy Polsat has announced earlier on Tuesday a tender offer to buy 119,349,971 shares in Netia at 5.77 zlotys for each share of Netia .Cyfrowy said on Monday that two key Netia shareholders - Mennica Polska and fund FIP 11 - agreed to sell their stakes in Netia representing nearly 33 percent of votes to Cyfrowy.  Full Article

Poland's Cyfrowy Polsat to lift prices in the autumn - biggest shareholder

WARSAW Polish telecoms and media group Cyfrowy Polsat is preparing to lift its prices in the autumn to raise funds for further investments, its biggest shareholder Zygmunt Solorz told Reuters on Monday.