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At beginning of year
15,818,704
15,818,704
Purchases
-
-
Sellings
(6,298,784)
-
Delivery of shares (Note 4)
(8,374,326)
-
At end of year
1,145,594
15,818,704
The delivery of shares is framed in the partial novation agreement described in Note 11-h,
"Other Equity Instruments".
On 6 March 2014, the Parent reported through a relevant event communication the sale
for EUR 79,680 thousand of a total of 6,298,784 treasury shares representing 2.79% of its
share capital. The carrying amount of these shares was EUR 39,601 thousand. The
difference between both amounts was recognised in equity. This transaction carried a cost
of 1% on the sale price, which was also recognised in equity.
The Annual General Meeting held on 24 March 2010 approved a resolution authorising the
Parent to acquire treasury shares provided that they did not exceed the maximum legal
limit permitted by law at any given time. This limit was established at 10% of subscribed
share capital by Law 3/2009, of 3 April, on structural changes to companies.
f)
Dividends
At the Parent's Board of Directors meeting held on 19 November 2014 it was resolved to
distribute out of the Parent's profit for 2014 a gross amount of ten euro cents (EUR 0.10)
for each of the 224,551,504 shares of EUR 0.75 par value each that are entitled to receive
it. The payment totalled EUR 22,341 thousand and was made to the shareholders on 18
December 2014 (see Note 3-s).
g)
Non-controlling interests
“Non-Controlling Interests” relates to the non-controlling interests of Uniprex Televisión
Digital Terrestre de Andalucía, S.L. and Atresmedia Foto, S.L., which at 31 December 2014
held 25.8% and 10%, respectively, of the shares of these companies, the amounts of
which are not significant.
h)
Other equity instruments
Pursuant to the agreement to merge the two companies, the Parent (Atresmedia
Corporación de Medios de Comunicación, S.A.) and Gestora de Inversiones Audiovisuales
La Sexta, S.A. agreed to grant La Sexta shareholders an additional ownership interest of
15,818,704 Atresmedia Corporación de Medios de Comunicación, S.A. shares representing
7% of its share capital, although the delivery thereof is conditional upon the consolidated
earnings of Atresmedia from 2012 to 2016.
On 19 February 2014, the Parent reported, through a relevant event communication and
subsequent to a resolution of its Board of Directors, the partial novation of this agreement,
under which Atresmedia Corporación de Medios de Comunicación, S.A., with Gamp
Audiovisual, S.A. and Imagina Media Audiovisual, S.L., agreed to bring forward and
definitively adjust the delivery of the additional ownership interest that would correspond
to these companies. Accordingly, on 24 February 2014, ownership interests in Atresmedia