Article R225-131 of the French Commercial code
November 6, 2023
The minimum duration of the priority subscription period provided for in article L. 225-135 is three trading days.
The minimum duration of the priority subscription period provided for in article L. 225-135 is three trading days.
The Chairman of the Management Board or the Chief Executive Officer may carry out the transactions provided for in the last paragraph of Article L. 225-149 and in the last paragraph of I of article L. 228-12 no later than one month after the end of the financial year.
The maximum period of suspension of the possibility of obtaining equity securities by exercising rights attached to securities giving access to the capital, provided for the application of Article L. 225-149-1, is three months. The information contained in the notice by which the Board of Directors, or the Management Board, suspends the possibility of obtaining equity securities shall be brought to the attention of the holders of securities giving access…
If shares are paid up by offsetting claims on the company, these claims are the subject of an account statement drawn up by the Board of Directors or the Management Board and certified as accurate by the statutory auditor.
The capital increase through the issue of shares to be subscribed for in cash is carried out, depending on the case, on the date of the depositary’s certificate or on the date of signature of the guarantee contract entered into under the conditions provided for in Article L. 225-145.
In the event of contributions in kind or the stipulation of special benefits, the contribution auditors are appointed and carry out their duties under the conditions set out in article R. 22-10-7. The provisions of article R. 22-10-8 are applicable in the case of contributions in kind. In the case of the issue of preference shares to designated shareholders, the contribution auditors referred to in article L. 228-15 are appointed…
For the application of I of article L. 225-147-1, the decision of the Board of Directors or the Management Board not to appoint a contributions auditor, and all documents relating to the description and valuation of the contributions, including a certificate stating that no new circumstances have arisen that would alter this valuation, shall be kept, at the address of the Company’s registered office and at the registry of the…
For the application, in accordance with article L. 225-181, the provisions of 3° of article L. 228-99 in order to protect the interests of beneficiaries of stock options, article R. 228-91 is applicable, subject to the provisions of this sub-section.
Without prejudice to the provisions of the first paragraph of article R. 228-91, when a company carries out a capital increase by capitalising reserves, profits or share premium and distributing bonus shares, the subscription or purchase price of the shares under option, as fixed prior to this operation, is adjusted by multiplying this price by the ratio between the number of old shares and the total number of old and…
In all the cases mentioned in articles R. 22-10-37, R. 225-139 and R. 228-91, the number of shares under option is adjusted so that the total subscription or purchase price remains constant. However, the adjusted number is rounded up to the nearest whole number.
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
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
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
Resources
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
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.
