The intermediaries referred to in article L. 228-29-7-2 facilitate the exercise by shareholders of their rights, in particular the right to attend and vote at general meetings, in accordance with the conditions laid down by decree of the Conseil d’Etat. .
Any fees charged by an intermediary for the services mentioned in Articles L. 228-29-7-1 to L. 228-29-7-3 shall be non-discriminatory and proportionate to the costs incurred in providing these services. Any difference in charges resulting from the cross-border nature of the service shall be authorised only if it is explained and corresponds to the difference in costs incurred in providing the service. The charges shall be made public, under conditions…
No new securities may be issued pursuant to the articles of this section with the exception of those issued pursuant to decisions of general meetings prior to the entry into force of the ordonnance n° 2004-604 du 24 juin 2004 portant réforme du régime des valeurs mobilières émises par les sociétés commerciales et extension à l’outre-mer de dispositions ayant modifié la législation commerciale.
Holders of securities governed by this section have, except where Article L. 225-138, a pre-emptive right to subscribe for the preference shares referred to in article L. 228-11 when these confer rights equivalent to those of the securities they own. Holders of securities governed by this section have, except where Article L. 225-138 applies, a preferential right to subscribe for the securities referred to in Article L. 228-91 when these…
For the calculation of the ratios provided for in article L. 228-11, existing non-voting preference shares and investment certificates are taken into account. However, the application of the provisions of the preceding paragraph shall not prevent the rights of holders of existing shares from being maintained.
The Extraordinary General Meeting of a société par actions, or in companies which do not have one, the body which takes its place, may decide, on the basis of the report of the Board of Directors or the Management Board, as the case may be, and that of the statutory auditors, to create, in a proportion which may not exceed one quarter of the share capital, of investment certificates representing…
The Extraordinary General Meeting of a company whose shares are admitted to trading on a regulated market and whose existing investment certificates represent no more than 1% of the share capital may decide, on the basis of the report of the Board of Directors, to reconstitute the existing certificates in shares, and to reconstitute the existing certificates with special benefits in shares conferring the same benefits on their holders. The…
Holders of investment certificates may obtain access to company documents under the same conditions as shareholders.
In the event of a free distribution of shares, new preference shares without voting rights and with the same rights as the investment certificates must be created and delivered free of charge to the owners of the old certificates, in the proportion of the number of new shares allocated to the old shares, unless they waive their right in favour of all or some of the holders.
In the event of a capital increase for cash, with the exception of that reserved for employees on the basis of article L. 225-138-1, new preference shares without voting rights and with the same rights as the investment certificates are issued in such numbers that the proportion that existed before the increase between ordinary shares and investment certificates is maintained, taking into account these preference shares, after the increase on…
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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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