I.-Persons who have entered into an agreement with a view to acquiring, disposing of or exercising voting rights, to implementing a common policy towards the company or to obtaining control of the company are deemed to be acting in concert. II.-Such an agreement is presumed to exist: 1° Between a company, the chairman of its board of directors and its general managers or the members of its management board or…
In the case of a takeover bid, persons who have entered into an agreement with the author of a takeover bid with a view to obtaining control of the company that is the subject of the bid are deemed to be acting in concert. Persons who have entered into an agreement with the company that is the subject of the bid in order to frustrate the bid are also considered…
Any clause in an agreement providing for preferential conditions for the sale or acquisition of shares admitted to trading on a regulated market and relating to at least 0.5% of the capital or voting rights of the company that issued these shares must be transmitted within five trading days of the signing of the agreement or amendment introducing the clause concerned, to the company and to the Autorité des marchés…
Where a company is controlled directly or indirectly by a joint stock company, it shall notify the latter and each of the companies participating in such control of the amount of the holdings it holds directly or indirectly in their respective capital as well as any changes in that amount. Notifications shall be made within one month of either the day on which the company became aware of the acquisition…
Based on the information received pursuant to articles L. 233-7 and L. 233-12, the report presented to the shareholders on the operations of the financial year shall mention the identity of the natural persons or legal entities holding directly or indirectly more than one-twentieth, one-tenth, three-twentieths, one-fifth, one-quarter, one-third, one-half, two-thirds, eighteen-twentieths or nineteen-twentieths of the share capital or voting rights at General Meetings. It also shows any changes that…
A shareholder who has not duly made the declarations provided for in I, II, VI bis and VII of Article L. 233-7 to which he was required to make a declaration shall be deprived of the voting rights attached to the shares exceeding the fraction that has not been duly declared for any shareholders’ meeting held until the expiry of a period of two years following the date on which…
The board of directors, the management board or the manager of any company having subsidiaries or participating interests, shall include in the notes to the accounts of the company a table, with a view to showing the position of the said subsidiaries and participating interests within the meaning of this section. .
I.-Commercial companies shall draw up and publish each year, at the request of the board of directors, the management board or the manager(s), as the case may be, consolidated accounts and a report on the management of the group, where they exclusively or jointly control one or more other undertakings , under the conditions hereinafter defined. II.-Exclusive control by a company results from: 1° Either the direct or indirect holding…
By way of derogation from the provisions of article L. 233-16, the companies referred to in the said article are exempted, under conditions laid down by decree in the Conseil d’Etat, from the obligation to draw up and publish consolidated accounts and a report on the management of the group: 1° Where they are themselves controlled by an undertaking which includes them in its consolidated and published accounts and where…
Provided they justify this in the schedule provided for in Article L. 123-12, the companies mentioned in I of article L. 233-16 are exempt from the obligation to draw up and publish consolidated accounts and a report on the management of the group when all the undertakings which they control exclusively or jointly, within the meaning of the same article L. 233-16, are, both individually and collectively, of negligible interest…
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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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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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