Acquisition of 100% shares in the company Gallup Polska Sp. z o.o.
Management Board of Arteria S.A. hereby announces the conclusion of the transaction involving the acquisition of 100% shares in the company Gallup Polska Sp. z o.o.
1. Purchaser’s particulars: Arteria S.A., with its registered office at: Warszawa, ul. Jana Rosoła 10.
2. Seller’s particulars: Anthill Customer Services International A.B (with its registered office in Sweden).
3. Date and manner of asset acquisition: agreement dated 9 March 2009 for the acquisition of 100% of shares in the company Gallup Polska Sp. z o.o.
4. Nature of the assets acquired: 400 shares in the company Gallup Polska Sp. z o.o. with PLN 500 nominal value each.
5. Price paid for the shares: total price for the shares is PLN 3.137 million (three million one hundred and thirty-seven thousand zlotys).
6. Source of financing for the acquisition: Arteria S.A. has acquired the shares for cash partly obtained from the loan, and partly drawn from its own funds.
7. Criterion used to classify the shares as assets of significant value: the shares acquired represent more than 10% of the equity of Arteria S.A.
8. Special provisions of the agreement: In the event the Seller is in breach of certain agreement provisions, and if this results in a decrease in the value of the shares being acquired, the acquisition price may be reduced by a maximum of PLN 750,000 (in words: seven hundred and fifty thousand zlotys).
9. Intended use of the assets acquired: the acquisition of assets in the form of shares in the company Gallup Polska Sp. z o.o. will strengthen the Capital Group’s operating capability; the technology and IT resources operated by Gallup Polska Sp. z o.o. will continue to be utilised as they were prior to the acquistion.
10. Nature of capital investment made by the Issuer; the Issuer’s share in the share capital of the entity being acquired and the number of votes held at a general meeting of shareholders:
Arteria S.A. looks upon the acquisition of the shares in Gallup Polska Sp. z o.o as a long-term investment. Following the transaction, Arteria S.A. holds 100% of shares in the share capital of Gallup Polska Sp. z o.o, which translates into 100% of voting rights in the Company’s General Meeting.
Message from Management Board of Arteria S.A.
This acquisition has significantly broadened our customer service competencies and increased the operating capability of the multi-channel sales platform, available for rent, that operates within the Arteria S.A. Group. Following the transaction, the number of telemarketing operators in the call centres rose to a total of 450 in the three locations (Warszawa, Gliwice, Ruda Śląska). What also contributes to the strategic significance of the take-over of Gallup Polska Sp. z o.o is added exposure to new clients in the power and natural gas sectors. Thanks to the acquisition, Arteria S.A will be able to work with Gallup’s existing customers on a broader plane and offer them sales outsourcing services using an integrated model which will be implemented using the other sales channels (mobile sales, retail distribution network).