Annual Report 2007

41 Ž E L E Z I A R N E P O D B R E Z O V Á 2 0 0 7 INFORMATION FOR SHAREHOLDERS On 19 March 2007, the Company’s Extraordinary General Meeting adopted a decision on the change in the form and type of shares issued by the Company from bearer in-book entry form shares to registered certificate-form shares. Simultaneously, the General Meeting decided on the termination of trading with shares issued by the Company on the Bratislava Stock Exchange (Burza cenných papierov Bratislava, a.s.). Therefore, the Company announced the obligatory bid for the takeover of the shares for the shareholders who did not vote for this decision. As part of this takeover bid which took from 2 April to 1 May 2007, the Company purchased 114 shares at SKK 2 100 per share. Effective from 10 May 2007, the Company discontinued shares trading through the issue of shares on the regulated open market of the Bratislava Stock Exchange. By this date, the issue of shares in terms of negotiability dominated on the open market. In 2007, 529 deals were conducted at the stock exchange market with 80 331 shares transferred in the total volume of SKK 169 287 million. In 2007, the average price of shares transferred on the auction market represented SKK 2 152. The registered capital of the Company was divided into 2 384 135 bearer shares in book-entry form with a nominal value of SKK 1 000 per share. Price and volume of share trading on the stock exchange in 2007 1 January 2007 – 9 May 2007 0 500 1 000 1 500 2 000 2 500 3 000 I-07 II-07 III-07 IV-07 V-07 Average shareprice 0 2000 4000 6000 8000 10000 12000 14000 16000 Volume in SKK‘000 Months Average share price Volume in SKK‘000