In the appendix to their annual financial statements, social benefit solidarity enterprises shall indicate the information attesting to compliance with the conditions applicable to them pursuant to I and II of Article L. 3332-17-1 and Articles R. 3332-21-1 and R. 3332-21-2.
When the investment instruments of a company savings plan include the possibility of investing in company securities which are not admitted to trading on a regulated market, their valuation is determined in accordance with the methods defined in article L. 3332-20, without prejudice to the specific legal provisions which set the conditions for determining the value of these securities.
Securities are valued by the company, under the supervision of the statutory auditor, at least once every financial year and whenever an event or series of events occurring during a financial year is likely to lead to a substantial change in the value of the company’s shares. In addition, a valuation is carried out by experts at least every five years. This valuation is optional for the companies mentioned in…
When a company carries out capital increases or sales of shares reserved for members of a company savings plan through a mutual fund, the subscription form is signed by the fund manager. The issuing company notifies the fund manager of the number of shares subscribed or the number of securities sold. The fund manager informs each member of the number of shares subscribed and sends them a registered statement showing…
Where a company offers members of a company savings plan the opportunity to acquire shares or investment certificates issued by it, either by purchase or by subscription, and where a savings plan common to several companies in the same group within the meaning of articles L. 3344-1 and L. 3344-2 has been set up to enable members of this plan to acquire the shares or investment certificates of this company,…
When the bonds referred to in article L. 3332-23 are admitted to trading on a regulated market, these securities are valued at their market value.
When the bonds referred to in article L. 3332-23 are not admitted to trading on a regulated market, these securities are valued at their nominal value plus accrued interest. In this case, either the issuing company, or a company in the same group within the meaning of articles L. 3344-1 and L. 3344-2, undertakes to repurchase these securities at the first request of the subscriber at their nominal value plus…
The cases in which shares or units acquired on behalf of members are delivered to them before expiry of the minimum five-year lock-up period are the cases listed in Article R. 3324-22.
Pursuant to the second paragraph of article L. 3332-16, the following events may exceptionally result in the rights built up in favour of participants being unlocked before expiry of the term of the buy-back operation referred to in 2° of this article: 1° The employee’s disability, assessed within the meaning of 2° and 3° of article L. 341-4 of the French Social Security Code; 2° The employee’s retirement; 3° The…
The provisions of articles D. 3324-37 to D. 3324-39 apply to investments made within company savings plans, in accordance with the terms and conditions specified by the rules of these plans.
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is a Registered Trademark of
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182, rue de Rivoli
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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