Atari 2011 Annual Report Download - page 129

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ANNUAL FINANCIAL REPORT – REGISTRATION DOCUMENT
129
7.16% of the outstanding number of shares at that date, representing 7.15% of the voting rights).
(3) Including 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, 2011, no other shareholder owned, alone or in concert, 5% or
more of the shares or voting rights.
CROSSING OF REPORTING THRESHOLDS IN THE PERIOD FROM MARCH 31, 2009 TO
JUNE 30, 2010
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 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.
• By letter dated October 4, 2010, GLG Partners LP informed the Company that it crossed on August 11, 2010
the reporting thresholds of 5% and 10%. As a result, as of October 4, 2010, GLG Partners LP hold 2,614,413
shares representing 10.95% of the share capital and 10.94% of the voting rights at that date.
• By letter dated November 3, 2010, GLG Partners LP informed the Company that it crossed the reporting
thresholds of 10%. As a result, as of November 3, 2010, GLG Partners LP hold 2,137,910 shares representing
8.95% of the share capital and 8.94% of the voting rights at that date.
• By letter dated April 19, 2011, GLG Partners LP informed the Company that it crossed the reporting thresholds
of 8%. As a result, as of April 13, 2011, GLG Partners LP hold 1,741,924 shares representing 7.16% of the
share capital and 7.15% of the voting rights at that date.
TRADING BY THE COMPANY IN ITS OWN STOCK
Treasury share
As of March 31, 2011, total treasury shares amounted to 2,470 treasury shares directly owned by the Company.
Liquidity agreement
On March 8, 2011, Atari ended the liquidity contract it had with CA Cheuvreux. At that date, the account showed 0
shares and € 131,191.82 in cash.
As of December 31, 2010, the account under the market-making agreement between the Company and Crédit Agricole
Cheuvreux showed 38,500 shares and € 3,318.03.
From October 1st, 2009, when the share buy-back program went into effect following the authorization granted by the
Annual shareholders meeting of September 30th, 2009, through September 30th, 2010, when the annual and special
shareholders’ meeting resolved to terminate, effective immediately, the authority to trade in the Company’s shares, the
total purchases under the liquidity agreement represented 135,011 shares (0.57% of the share capital) worth
€759,572.31 and total sales represented 102,084 shares (ie 0.43% of the share capital) worth of €560,251.00.
From September 30, 2010, following the authorization granted by the Annual shareholders meeting, until the end of the
liquidity contract on March 8, 2011, the total purchases under the liquidity agreement represented 73,009 shares (0.30%
of the share capital) worth €241,264 and total sales represented 86,009 shares (ie 0.35% of the share capital) worth of
€299,224.
Share buyback program
The shareholders’ meeting of September 30, 2010 granted the Board of Directors authority, for a period of eighteen
months, to buy back up to 10 percent of the Company’s shares outstanding, as measured on the date the Board of
Directors makes use of this authority, provided, however, that the aggregate number of its own shares held by the
Company as a result of such buybacks may under no circumstances exceed 10 percent of those outstanding. The