Sales and purchases of own shares
Current report 22/2010 dated 13.10.2010
Legal basis: Article 56 (1) (2) of the Act on Public Offering — current and periodic information
The ATM S.A. Management Board hereby announces that today the Company received from the Beskidzki Dom Maklerski S.A. brokerage house (BDM) a notification that during the period between April 23 and September 27, 2010, BDM transferred 286,820 shares of ATM S.A. from the Company accounts to broking accounts of certain identified employees of ATM S.A. and its subsidiaries under the Incentive Program for ATM S.A. Capital Group employees, managed by BDM. The transaction satisfies the provisions of the incentive program Terms and Conditions adopted by the Company’s General Assembly on June 5, 2008. According to Section 3.11 of the Terms and Conditions, 80% of each allocated number of shares are blocked. Every year from the date of transfer, further 20% of the allocated number of shares shall be released.
The average selling price was PLN 0.95 per share. The total face value of the sold shares amounted to PLN 272,479. The sold stake accounts for 0.79% of the share capital and 286,820 votes (0.79%) at the General Meeting of Shareholders.
At the same time, BDM notified that on October 12, 2010, it transferred from broking accounts of certain identified employees of ATM S.A. to the Company’s investment account 13,260 shares of ATM S.A. under the Incentive Program for ATM S.A. Capital Group employees, managed by BDM. By the purchase, ATM S.A. exercised its right to repurchase the Company shares in case of termination of employment of the entitled person.
The average purchase price amounted to PLN 0.95 per share. The total face value of purchased shares amounted to PLN 12,597. The purchased block of shares accounts for 0.036% of the share capital and 13,260 votes (0.036%) at the General Meeting of Shareholders.
Roman Szwed — President of the Management Board,
Tadeusz Czichon — Vice-President of the Management Board