Public stock offering

The prospectus

 

The prospectus of Arteria S.A. was approved by the decision of the Polish Financial Supervision Authority on 3 November 2006.

The offer included 860,000 (say: eight hundred sixty thousand) ordinary bearer shares series C for subscription with nominal value 20 grosz (say: twenty) each.

Moreover, the prospectus of Arteria S.A. predicted that conducting the public offering on the market of official share price performance would be followed by floating 3.419.056 (say: three million four hundred nineteen thousand and fifty six) ordinary bearer shares, comprising:

- 2.500.000 ordinary bearer shares series A with nominal value 20 grosz each,

- 59.056 ordinary bearer shares series B with nominal value 20 grosz each,

- 860.000 ordinary bearer shares series C with nominal value 20 grosz each.

 

IDM S.A. Brokerage House was the offering entity.

 

Allocation of shares

 

Submitting declaration of purchase: 16-20/11/2006

Opening of public subscription: 22 November 2006

Subscription dates: 22-27/11/2006

Closing of public subscription: 27 November 2006

Alottment of shares: within 5 working days after closing of public subscription

 

Allocation of shares series C offered by the Company was finished on 4 December 2006.

 

The number of correctly submitted and paid subscriptions amounted to:

- 723 subscriptions for 27.551.531 shares in an Opened Tranche,

- 967 subscriptions for 600.000 shares in the Institutional Investors’ Tranche

1690 valid subscriptions were submitted for 28.151.531 shares.

 

260.000 shares series C reached investors from in an Opened Tranche, while 600.000 shares were subscribed to institutional investors.

 

Reduction rate

 

All offered shares were allocated at the price of PLN 18 per item, i.e. at a maximum price set before.

 

The rate of allocation:

- 0,52% (reduction 99,48%) in an Opened Tranche for persons who did not participate in the book-building

- 1,04% (reduction 98,96%) in an Opened Tranche for persons who participated in the book-building

 

Having conducted the allocation of shares, Arteria S.A. made debut on the basic stock market of Warsaw Stock Exchange in Warsaw on 15 December 2006, making profit on immediate opening by more than 30% in value.

 

Issue aims

 

- expansion of call center

- creating a sales outsourcing division

- development of branch sales organizational structures

- investment in e-commerce

- investment in multilingual call center

- intermediary’s acquisition in database trading

- converting broker’s options into shares

- replenishing working capital