Conversion of shares
The Executive Board of Apator SA announces that on 14th January 2014 it will be made the conversion of 30.000 preferred registered shares in voting in relation 1:4 to ordinary bearer shares (not preferred) . In result of the conversion the total number of votes will be reduced from 56.369.418 to 56.279.418.
The above shares will be assimilated and they will be put on the market on 31st January 2014. After conversion made, the share capital of Apator SA will be 3.310.702,80 PLN and it will consist of 33.107.028 shares of nominal value 0,10 PLN each, including 7.724.130 registered shares (preferred in voting in relation 1:4) and 25.382.898 ordinary bearer shares.
Conversion of shares is being made based on the application of the shareholders pursuant to § 8 point 1 of the Statutes of the Company with the following wording: "The conversion of A series registered shares into A series bearer shares is made basing on application of the shareholders in January every year. Executive Board is obligated to establish additional date of conversion within 90 days in case of application submitted during the year for the conversion over 100.000 (one hundred thousand) registered shares.”
Legal basis: § 5 para 1 point 10 of the Regulation of Minister of Finance regarding current and regular information being transferred by the issuers of securities and conditions to be considered as equivalent information required by law of the country not being the member of the EU.
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