Acquisition of high-value assets
Current report 51/2007 dated 21.08.2007
The Management Board of ATM S.A. inform that today ATM S.A. acquired 2,750,000 new-issue shares of the company Linx Telecommunications B.V. having its registered office in Amsterdam, as a result of fulfilling the investment agreement which the Company had notified of in the current report no. 24/2007 dated May 11, 2007.
The shares were acquired for a total amount of PLN 16.5 million, and their total nominal value is PLN 27,500. The shares were paid for in cash, and the source of financing of the deal were funds obtained from the public issue of the Issuer’s H series shares. There have been no ties between Linx Telecommunications B.V. and the Issuer, its managers or supervisors.
The criterion being the basis for considering the assets acquired significant is the excess of 10% of the Issuer’s share capital value.
The shares taken up by the Issuer are of a long-term capital deposit nature. The Issuer’s share in the share capital of Linx Telecommunications B.V. after assuming the shares is 22%, and the Issuer holds 22% of votes in its General Meeting of Shareholders.
Roman Szwed — President of the Management Board,
Tadeusz Czichon — Vice-President of the Management Board