I. – Articles L. 225-147 and L. 22-10-53 are not applicable, by decision of the Board of Directors or the Management Board, where the contribution in kind consists of: 1° Securities giving access to the capital referred to in Article L. 228-1 or money market instruments, within the meaning of Article 4 of Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in…
The capital increase resulting from the exercise of rights attached to securities giving access to the capital is not subject to the formalities provided for in Article L. 225-142, the second paragraph of article L. 225-144 and in article L. 225-146. Where the holder of a security issued pursuant to article L. 225-149-2 is not entitled to a whole number, the fraction forming fractional shares shall be the subject of…
In the event of the issue of new equity securities or new securities giving access to the capital as well as in the event of a merger or demerger of the company called upon to issue such securities, the Board of Directors or the Management Board may suspend, for a maximum period set by decree in the Conseil d’Etat, the possibility of obtaining the allocation of equity securities by exercising…
Rights attached to securities giving access to the capital which have been used or which have been acquired by the issuing company or by the company called upon to issue new equity securities shall be cancelled by the issuing company.
The reports and formalities mentioned in Article L. 225-129-2, in the second paragraph of l’article L. 225-131, in 1° of Article L. 225-136, to the articles L. 225-138, L. 225-142 and L. 225-143, in the last paragraph of article L. 225-144, to the articles L. 225-145 to L. 225-147, in the penultimate paragraph of article L. 225-149 and to article L. 225-149-2 may give rise to an injunction to do…
The voting rights and dividend rights of shares or share denominations issued in breach of this subsection shall be suspended until the situation is regularised. Any vote cast or dividend payment made during the suspension shall be null and void.
The Extraordinary General Meeting, acting on the report of the Board of Directors or the Management Board, as the case may be, and on the special report of the Statutory Auditors, if any, may authorise the Board of Directors or the Management Board to grant options giving entitlement to subscribe for shares to some or all of the company’s employees. The Extraordinary General Meeting sets the period during which this…
The authorisation granted by the Extraordinary General Meeting entails the express waiver by shareholders, in favour of the beneficiaries of the options, of their pre-emptive right to subscribe for the shares to be issued as and when the options are exercised. The capital increase resulting from the exercise of these options does not give rise to the formalities provided for in Article L. 225-142, in the second paragraph of Article…
The Extraordinary General Meeting may also authorise the Board of Directors or the Management Board, as the case may be, to grant to some or all of the company’s salaried employees, options giving entitlement to the purchase of shares arising from a buyback carried out, prior to the opening of the option, by the company itself under the conditions defined in Articles L. 225-208 or L. 22-10-62. The Extraordinary General…
I.-Options may be granted, under the same conditions as in Articles L. 225-177 to L. 225-179 above: 1° Either for the benefit of members of the salaried personnel of companies or economic interest groupings at least 10% of whose capital or voting rights are held, directly or indirectly, by the company granting the options; 2° Or for the benefit of members of the salaried personnel of companies or economic interest…
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75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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