Current report 13/2016

Legal basis: Article 56 (1) (2) of the Act on Public Offering — current and periodic information

In connection with the report no. 24/2007 dated 11 May 2007, the Management Board of ATM S.A. (hereinafter called “Company”, “Issuer”) based in Warsaw gives notice that today the Issuer has taken up shares of the company Linx Telecommunications Holding B.V. based in Amsterdam by contributing shares of Linx Telecommunications B.V. owned by the Issuer into this company.

The signing of the Memorandum of Association of the company Linx Telecommunications B.V. is an element of the process which is intended to straighten up and optimise the structure of the Linx capital group. As a result of such changes, telecommunications assets will be pooled and used in the segment of data centres. The essential information regarding the conducted operation is as follows:

• The Memorandum of the created holding company (Linx Telecommunications Holding B.V.) contains provisions which are identical with the existing ones used by the company Linx Telecommunications B.V.
• The structure of the created company is identical with that of the existing structure of shareholding in Linx Telecommunications B.V. (all shareholders of Linx Telecommunications B.V. have used their in-kind contributions to the company to contribute to the new holding company)
• The initial capital of the created company is equal to the initial capital of Linx Telecommunications B.V. and amounts to 250,000 EUR (divided into 25,000,000 shares at 0.01 EUR each, with a proviso that 13,105,671 shares have been taken up)
• The Issuer has taken up 2,754,612 shares in the new company.

In the light of the above the company Linx Telecommunications Holding B.V. has become the owner of 100% of shares in the company Linx Telecommunications B.V.

The Issuer’s Management Board informs that from the Company’s point of view no change has taken place regarding the owned assets as well as the Company’s rights with respect to the owned shares in the parent company of the Linx group. The Issuer still owns 21.02% share in the initial capital of the parent company of the Linx group (currently: Linx Telecommunications Holding B.V.). The performed operation is neutral for the Issuer tax-wise and does not incur increased costs.

The value of the Issuer’s shares in Linx Telecommunications B.V. was recognized in the Financial Statement as at 31.12.2015 and was in the amount of 53,346,000 PLN, which constitutes over 10% of the Issuer’s equity.

Signatures:
Dariusz Terlecki — President of the Management Board,
Jacek Krupa — Vice President of the Management Board