The Polish Financial Supervision Authority hereby gives notice that Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps is applicable from 1 November 2012. 

The Polish Financial Supervision Authority Office highlights the obligation to notify the Polish Financial Supervision Authority of significant net short positions in shares. The relevant notification threshold is 0.1% of the issued share capital of a company concerned and every 0.1% above that or a decrease below that threshold.

In accordance with Article 6 of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps, net short positions from 0.5% of the issued share capital and every 0.1% above that value will be disclosed to the public. The register will show the name of the entity that has reached the net short position, identification of the issuer to which the position relates, the size of the position and the date of its calculation by the obliged entity.