Chapter IX: The European Company

The articles of association of a European company which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may subject any transfer of shares to restrictions on free negotiability without such restrictions having the effect of…

Under the conditions they determine, the articles of association of a société européenne which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may provide that a shareholder may be required to sell his shares. They…

The articles of association of a European company which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may provide that a shareholder company whose control is modified within the meaning of article L. 233-16 must…

If the Articles of Association do not specify the procedures for valuing the share transfer price when the société européenne implements a clause introduced pursuant to Articles L. 229-11 to L. 229-13, this price is set by agreement between the parties or, failing that, determined under the conditions set out in Article 1843-4 of the Civil Code. When the shares are bought back by the European Company, it is obliged…

Clauses stipulated in application of articles L. 229-11 to L. 229-14 may only be adopted or amended by a unanimous vote of the shareholders.