EBRD sells 15.8 million shares in Cyfrowy Polsat 

EBRD has sold 15.8 million of its shares in Cyfrowy Polsat representing approx. 2.5 percent of its capital, reported Bloomberg. In September 2014, EBRD sold 2.44 percent of its Cyfrowy Polsat shares at a price of PLN 25.23 per share, and subsequently reduced its vote to below 5 percent. EBRD became a shareholder of Cyfrowy Polsat in May 2014 when a share swap transaction was concluded between Polkomtel and Cyfrowy Polsat.