Call Us + 33 1 84 88 31 00

Article L233-36 of the French Commercial code

The articles of association of a company whose shares are admitted to trading on a regulated market may provide that the effects of any clause in an agreement entered into after 21 April 2004 providing for restrictions on the exercise of voting rights attached to shares in the company shall be suspended during the period of a takeover bid for the company at meetings held for the purpose of adopting or authorising any measure likely to frustrate the bid.

Original in French 🇫🇷
Article L233-36

Les statuts d’une société dont des actions sont admises à la négociation sur un marché réglementé peuvent prévoir que les effets de toute clause d’une convention conclue après le 21 avril 2004 prévoyant des restrictions à l’exercice des droits de vote attachés à des actions de la société sont suspendus en période d’offre publique visant la société lors des assemblées réunies aux fins d’adopter ou d’autoriser toute mesure susceptible de faire échouer l’offre.

Need help with this article? Get help from a French lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.