Section 6: Transferable securities giving access to the capital or giving entitlement to the allotment of debt securities.

For the application of 1° of article L. 228-99, where there are securities giving access to the capital, the company issuing new equity securities with preferential subscription rights reserved for its shareholders, if the rights attached to the securities giving access to the capital can only be exercised on certain dates, shall open an exceptional period to allow holders of rights attached to securities giving access to the capital who…

For the application of 2° of article L. 228-99, where there are securities giving access to the capital, the company making the free share allotment shall transfer to an unavailable reserve account the sum required to allot the free shares to holders of rights attached to securities giving access to the capital who would subsequently exercise their right in a number equal to that which they would have received if…

For the application of 2° of article L. 228-99, where there are securities giving access to the capital, the company making the distribution of reserves, in cash or in kind, or of share premiums, shall transfer to an unavailable reserve account the sum and, where applicable, retain the assets in kind necessary to remit to the holders of the rights attached to the securities giving access to the capital who…

Where there are securities giving access to the capital, the company purchasing its shares admitted to trading on a regulated market shall, where the purchase price is higher than the stock market price, adjust the number of shares that these securities make it possible to obtain. This adjustment guarantees, to the nearest hundredth of a share, that the value of the shares that are obtained in the event of the…

For the application of 3° of article L. 228-99, the adjustment equalises, to the nearest hundredth of a share, the value of the securities that are obtained in the event of the exercise of the rights attached to the securities giving access to the capital after the completion of the transaction and the value of the securities that would have been obtained in the event of the exercise of these…

If a company carries out a transaction requiring the application of Article L. 228-99, it shall inform the holders of the rights attached to the securities giving access to the capital concerned by means of a notice. This notice shall mention: 1° The company name and, where applicable, the acronym of the company; 2° The form of the company; 3° The amount of the share capital; 4° The address of…

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.