History of operations on shares

Changes in capital stock, number of shares and nominal value, conversions, redemption of shares

Changes in capital stock, number of shares and nominal value, conversions, redemption of shares APATOR SA was registered in Commercial Register on 14th January 1993. Capital stock was 2.200.055 PLN and it was divided into 30.770 registered shares of A series of nominal value 71,50 PLN.

Further to the above the capital stock after the changes had been registered was divided into 1.400.035 registered shares preferred (to voting in relation 1:4) of A series of nominal value 1,10 PLN each and 600.015 ordinary bearer shares of A series of nominal value 1,10 PLN each. At the turn of January and February 1997 the Company announced the public offer for the sale of 600. 015 bearer shares of A series and take up of 800.000 bearer shares of B series (new issue) at the price of 20 PLN per share. In result of the operations conducted the capital stock has increased to the amount of 3.080.055 PLN and it was divided into 2.800.050 shares of nominal value 1,10 PLN each i.e.:

• 1.400.035 registered shares of A series
• 600.015 bearer shares of A series
• 800.000 bearer shares of B series

On 24th April 1997, 1.400.015 bearer shares made their debut on pararrel market of Warsaw Stock Exchange in Warsaw at the price of 37,50 PLN. Since 1st January 1999 the shareholders holding registered shares preferred of A series are allowed to convert the registered shares to bearer shares and then to introduce them to the stock exchange turnover. Conversion of shares were made in 1999 every month and they regarded the following quantities:

• February - 27.363
• March - 69.796
• April - 19.777
• May - 7.109
• June - 7.992
• July - 18.466
• August - 20.761
• September - 12.232
• October - 7.436

Totally in 1999, 190.932 shares were converted and further to the above at the end of the year 1.590.947 shares were in stock exchange turnover.

Since 2000, conversions are made once in a quarter of the year and they regard the following quantities submitted by the shareholders:

• January - 84.824
• April - 94.528
• July - 42.358
• October - 5.820

At 31st December 2000 capital stock was divided into:

• 981.573 registered shares preferred to voting in relation 1:4
• 1.818.477 ordinary bearer shares

The above shares entitled to give 5.744.769 votes at the General Meeting. The following conversions were made in 2001:

• January - 8.523 shares
• April - 16.161 shares
• July - 27.264 shares
• October - 5.231 shares

At 31st December 2001 capital stock was divided into:

• 924.394 registered shares preferred to voting in relation 1:4
• 1.875.656 ordinary bearer shares

The above shares entitled to give 5.588.925 votes at the General Meeting. The following conversions were made in 2002:

• January - 31.858 shares
• April - 25.935 shares
• July - 6.597 shares
• October - 46.963 shares

On 12th December 2002 VII KRS Economy Department of Regional Court in Toruń registered the redemption of 300.000 bearer shares. Further to the above at 31.12.2002 capital stock was 2.750.055 PLN and it was divided into 2.500.050 shares, including:

• 813.041 registered shares preferred to voting 1:4
• 1.687.009 ordinary bearer shares.

The above shares entitled to give 4.939.173 votes at the General Meeting. The following conversions were made in 2003:

• January - 11.650 shares
• April - 6.974 shares
• July - 14.248 shares
• October - 22.923 shares

On 30th September 2003, VII KRS Economy Department of Regional Court in Toruń registered the increase of capital stock by the issue of 869.500 bearer shares of C series. Further to the above at 30.09.2003 capital stock was 3.706.505 PLN and it was divided into 3.369.550 shares, including:

• 794.417 registered shares preferred to voting 1:4
• 2.575.133 ordinary bearer shares.

The above shares entitled to give 5.752.801 votes at the General Meeting. At 31.12.2003 (after conversion of shares was taken into account) capital stock was 3.706.505 PLN and it was divided into 3.369.550 shares, including:

• 757.246 registered shares preferred to voting 1:4
• 2.612.304 ordinary bearer shares.

Conversion of shares in 2004:

• January - 6.478 shares
• April - 8.307 shares
• July - 2.870 shares
• October - 1.093 shares

On 7th September 2004, VII KRS Economy Department of Regional Court in Toruń registered the decrease of capital stock by redemption of 161.050 bearer shares of nominal value 1,10 PLN each. At 31.12.2004 capital stock was 3.529.350 PLN and it was divided into 3.208.500 shares, including:

• 738.498 registered shares preferred to voting 1:4
• 2.470.022 ordinary bearer shares.

The above shares entitled to give 5.423.994 votes at the General Meeting. Conversion of shares in 2005:

• January - 1.093 shares
• April - 530 shares
• July - 764 shares

Since the third quarter of 2005 the conversions of shares are made once a year, in January. Additional date of the conversion is allowed to be fixed based on a motion made by shareholders if the number of shares to be converted is at least 10.000 shares. At the day of 31.12.2005 (after the conversion of shares was taken into account) capital stock was 3.529.350 PLN and it was divided into 3.208.500 shares, including:

• 729.244 registered shares preferred to voting 1:4
• 2.479.256 ordinary bearer shares.

The above shares entitled to give 5.396.232 votes at the General Meeting. In January 2006, 7.131 shares were converted. After the conversion capital stock was 3.529.350 PLN and it was divided into 3.208.500 shares, including:

• 722.113 registered shares preferred to voting 1:4
• 2.486.387 ordinary bearer shares.

The above shares entitled to give 5.374.839 votes at the General Meeting. All bearer shares have been introduced to stock exchange turnover.

On 12th June 2006 the General Shareholders Meeting made the decision to split of shares. On 27th July 2006, Regional Court made the registration of split of shares and on 21st August 2006 the National Depository for Securities made the split of shares. Further to the above since 21st August of current year the shares after split are quoted on Warsaw Stock Exchange. Nominal value of one share is 0,10 PLN.

Conversions of shares in 2007:

• January- 29.062 shares
• April - 47.971 shares
• June - 35.871 shares

Conversions of shares in 2008:

• January - 23.910 shares

Conversions of shares in 2009:

• January - 9.680 shares

On 13th November 2009, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 186.472 bearer shares. Further to the above at 31.12.2009 capital stock was 3.510.702,80 PLN and it was divided 35.107.028 shares, including:

• 7.796.749 registered shares preferred to voting 1:4
• 27.310.279 ordinary bearer shares.

The above shares entitled to give 58.497.275 votes at the General Meeting. In January 2010, 1.111 shares were converted. After the conversion the capital stock was: 3.510.702,80 PLN and it was divided into 35.107.028 shares, including:

• 7.795.638 registered shares preferred to voting 1:4
• 27.311.390 ordinary bearer shares.

The above shares entitled to give 58.493.942 votes at the General Meeting. In January 2011, 21.146 shares were converted. After the conversion the capital stock was: 3.510.702,80 PLN and it was divided into 35.107.028 shares, including:

• 7.774.492 registered shares preferred to voting 1:4
• 27.332.536 ordinary bearer shares.

The above shares entitled to give 58.430.504 votes at the General Meeting. On 12nd July 2012, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 2.000.000 bearer shares. Further to the above capital stock is 3.310.702,80 PLN and it is divided into 33.107.028 shares, including:

• 7.774.492 registered shares preferred to voting 1:4
• 25.332.536 ordinary bearer shares.

The above shares entitle to give 56.430.504 votes at the General Meeting.
On 11 st January 2013, 20.362 shares were converted.
After the conversion the capital stock was: 3.310.702,80 PLN and it was divided into 33.107.028 shares, including:

• 7.754.130 registered shares preferred to voting 1:4
• 25.352.898 ordinary bearer shares.

 The above shares entitled to give 56.369.418 votes at the General Meeting.
On 14th January 2014, 30.000 shares were converted.
After the conversion the capital stock is 3.310.702,80 PLN and it is divided into 33.107.028 shares, including:

• 7.724.130 registered shares preferred to voting 1:4
• 25.382.898 ordinary bearer shares.

The above shares entitle to give 56.279.418 votes at General Meeting.
All bearer shares are introduced to stock exchange turnover in continuous trading system.
In  January 2015, 163.519 shares were converted.
After the conversion the capital stock is 3.310.702,80 PLN and it is divided into 33.107.028 shares, including:

• 7.560.611 registered shares preferred to voting 1:4
• 25.546.417 ordinary bearer shares.

The above shares entitle to give 55.788.861 votes at General Meeting.
All bearer shares are introduced to stock exchange turnover in continuous trading system.
In  January 2016, 30.030 shares were converted.

After the conversion the capital stock is 3.310.702,80 PLN and it is divided into 33.107.028 shares, including:

• 7.530.581 registered shares preferred to voting 1:4
• 25.576.447 ordinary bearer shares.

The above shares entitle to give 55.698.771 votes at General Meeting.
All bearer shares are introduced to stock exchange turnover in continuous trading system.
In January 2017, 92.380 shares were converted.
After the conversion the capital stock is 3.310.702,80 PLN and it is divided into 33.107.028 shares, including:

• 7.438.201 registered shares preferred to voting 1:4
• 25.668.827 ordinary bearer shares.

The above shares entitle to give 55.421.631 votes at General Meeting.
All bearer shares are introduced to stock exchange turnover in continuous trading system.
In January 2018, 1.199 shares were converted.
After this conversion, the share capital amounts to PLN 3.310.702,80 and is divided into 33.107.028 shares, including:

• 7.437.002 registered shares preferred to voting 1:4
• 25.670.026 ordinary bearer shares.

The above shares entitle to exercise 55.418.034 votes at the general meeting. All bearer shares are introduced to stock exchange trading in the continuous trading system.
In June 2018, 100.001 shares were converted. After this conversion, the share capital amounts to PLN 3.310.702,80 and is divided into 33.107.028 shares, including:

• 7.337.001 registered shares preferred to voting 1:4
• 25.770.027 ordinary bearer shares.

The above shares entitle to exercise 55.118.031 votes at the general meeting. All bearer shares are introduced to stock exchange trading in the continuous trading system.
On 10th October 2019, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 246.100 bearer shares. Further to the above capital stock is 3.286.092,80 PLN and it is divided into 32.860.928 shares, including:

• 7.337.001 registered shares preferred to voting 1:4
• 25.523.927 ordinary bearer shares.

The above shares entitle to give 54.871.931 votes at the General Meeting.
On 19th November 2020, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 54.600 bearer shares. Further to the above capital stock is 3.280.632,80 PLN and it is divided into 32.806.328 shares, including:

7.337.001 registered shares preferred to voting 1:4
25.469.327 ordinary bearer shares.

 The above shares entitle to give 54.817.331 votes at the General Meeting.

On 29th December 2021, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 29.100 bearer shares. Further to the above capital stock is 3.277.722,80 PLN and it is divided into 32.777.228 shares, including:

• 7.337.001 registered shares preferred to voting 1:4
• 25.440.227 ordinary bearer shares.

 The above shares entitle to give 54.788.231 votes at the General Meeting.

In January 2022, 4.510 shares were converted. After this conversion, the share capital amounts to PLN 3.277.722,80 and is divided into 32.777.228 shares, including:

• 7.332.491 registered shares preferred to voting 1:4
• 25.444.737 ordinary bearer shares.

The above shares entitle to exercise 54.774.701 votes at the general meeting. All bearer shares are introduced to stock exchange trading in the continuous trading system.

On 14th November 2022, VII KRS Economy Department of Regional Court in Toruń registered the redemption of 130.155 bearer shares. Further to the above capital stock is 3.264.707,30 PLN and it is divided into 32.647.073 shares, including:

• 7.332.491 registered shares preferred to voting 1:4
• 25.314.582 ordinary bearer shares.

The above shares entitle to give 54.644.546 votes at the General Meeting.

In January 2023, 1.100 shares were converted. After this conversion, the share capital amounts to PLN 3.264.707,30 and is divided into 32.647.073 shares, including:

• 7.331.391 registered shares preferred to voting 1:4
• 25.315.682 ordinary bearer shares

The above shares entitle to exercise 54.641.246 votes at the general meeting. All bearer shares are introduced to stock exchange trading in the continuous trading system.

In January 2024, 4.876 shares were converted. After this conversion, the share capital amounts to PLN 3.264.707,30 and is divided into 32.647.073 shares, including:

• 7.326.515 registered shares preferred to voting 1:4
• 25.320.558 ordinary bearer shares

The above shares entitle to exercise 54.626.618 votes at the general meeting. All bearer shares are introduced to stock exchange trading in the continuous trading system.