Chapter VIII: Transferable securities issued by joint stock companies.

Capital increases made necessary by the exercise of rights attached to securities giving access to the capital are not subject to the disclosure requirements set out in Article R. 225-120. Subscription forms are drawn up in accordance with article R. 225-128, with the exception of the information provided for in 6° and 7°. Articles R. 225-129 to R. 225-135 do not apply to capital increases carried out through the exercise…

When, in accordance with article L. 225-149, the exercise of the rights attached to the securities giving access to the capital results in a fractional entitlement, this shall be paid in cash. This payment is equal to the fraction of the share forming fractional shares multiplied by the value of the share. In companies whose shares are admitted to trading on a regulated market, this value is that of the…

The right of disclosure provided for in article L. 228-105 is exercised under the same conditions as those set out in articles R. 225-92 to R. 225-94.

The stock market prices to be used for the application of this title are the last quoted prices.