March 27, 2018 / 7:06 AM / a month ago

BRIEF-Netmedia Says Andrzej Wierzba Increases Indirect Stake In Company Following Share Buyback

March 27 (Reuters) - Netmedia SA:

* SAID ON MONDAY THAT IN THE COURSE OF A SHARE BUYBACK IT BOUGHT 1 MILLION OF ITS SHARES, INCREASING ITS OWN DIRECT STAKE TO 10.91 PERCENT FROM 0.11 PERCENT

* AS A RESULT ITS MAJORITY SHAREHOLDER ANDRZEJ WIERZBA INCREASED HIS INDIRECT STAKE IN THE COMPANY TO 65.67 PERCENT FROM 54.87 PERCENT

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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