Atari 2010 Annual Report Download - page 27

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
27
4. BUSINESS AND FINANCIAL RESULTS OF SUBSIDIARIES
The Company used to provide business and financial results by subsidiaries. However, due to the new organization of
the Group and the way management is analyzing the business, as well as the Consolidation of the management of
certain operations, providing such information is not relevant anymore.
5. SHAREHOLDERS
5.1. SHARE OWNERSHIP AND VOTING RIGHTS
As of March 31, 2010, the Company’s shareholders were entitled to an aggregate of 21,129,141 votes. The data below
were prepared on the basis of information obtained from the registrar.
To the best of the Company's knowledge, share ownership and voting rights broke down as follows as of
March 31, 2010:
Ownership
Number of
shares (%)
Number of
voting rights
(%)
BlueBay
(1)
4,044,891 19.2%
(3)
4,044,891 19.1%
Public
(2) (3)
9,222,613 80.8% 9,243,663 80.9%
Total
21,113,623 100.00% 21,129,141 100.00%
(1) Through the BlueBay funds. As of March 31, 2010, on a fully-diluted basis, BlueBay owns 63.94% of the
Company’s shares and 63.93% of the voting rights.
(2) Including GLG, which notified the Company that it had sold a portion of its holding on May 8, 2009, bringing it
to 483,245 Company shares (or 3.64 percent of those outstanding on that date) and 483,245 voting rights (or
3.64 of shareholder’s voting rights as of September 30, 2009).
(3) Including 26,070 treasury shares, out of which 23,600 shares in the liquidity contract and 2,470 treasury shares.
The Company's principal shareholders have the same voting rights as all other shareholders.
To the best of the Company's knowledge, as of March 31, 2010, no other shareholder owned, alone or in concert, 5% or
more of the shares or voting rights.
5.2. CHANGES IN OWNERSHIP DURING THE FISCAL YEAR
As required by the Company's Articles of Incorporation, which provide that any ownership of 2% or more of the shares or
voting rights must be reported, the Company was notified of the following changes in share ownership during the period:
• By letter dated April 8, 2008, BlueBay Asset Management reported that as of April 7, 2008 it held 31.49% of the
shares and 31.40% of the voting rights.
• By letter dated May 7, 2008, GLG Partners LP reported that on April 29, 2008 it had increased its holdings to more
than 5% of the shares and voting rights and that it held 5.02% of the Company’s shares and 5.002% of the voting
rights.
• By letter dated September 19, 2008, GLG Partners LP reported that on September 15, 2008 it had decreased its
holdings to less than 5% of the shares and voting rights and that it held 4.97% of the Company’s shares and 4.96%
of the voting rights.
• By letter dated July 6, 2009, GLG Partners LP reported that on May 8, 2009 it had decreased its holdings to less
than 4% and that it held 483,245 shares and 483,245 voting rights representing 3.66% of the Company’s shares and
3.32% of the voting rights. GLC also reported that as of May 8, 2009 it held 144,875 ORANE bonds and 15,241
warrants.
• By letter dated January 29, 2010, BlueBay (comprised of The BlueBay Value Recovery (Master) Fund Limited and
The BlueBay Multi-Strategy (Master) Fund Limited), crossed, passively as a result of the financial transaction, the
reporting thresholds of 30%, 28%, 26%, 24%, 22%, and 20%. The BlueBay Value Recovery (Master) Fund Limited
crossed, passively as a result of the financial transaction, the reporting thresholds of 24%, 22%, 20%, 18% and
16%. The BlueBay Multi-Strategy (Master) Fund Limited, crossed, passively the reporting thresholds of 4%. As a
result, as of January 27, 2010, BlueBay hold 19.16% of the Company outstanding shares and 19.14% of the voting
rights. At the same date, The BlueBay Value Recovery (Master) Fund Limited hold 15.81% of the Company
outstanding shares and 15.80% of the voting rights and The BlueBay Multi-Strategy (Master) Fund Limited hold
3.35% of the Company outstanding shares and 3.34% of the voting rights.
5.3. TRADING BY THE COMPANY IN ITS OWN STOCK
Treasury share