Assystem - 2018 Register document
6
INFORMATION ABOUT THE COMPANY AND ITS SHARE CAPITAL
INFORMATION ABOUT THE COMPANY’S SHARE CAPITAL
Potential share capital At the date this Registration Document was filed, potential share capital solely comprised free shares and performance shares.
6.2.5
STOCK OPTIONS
No stock options were awarded in 2018.
6.2.6
FREE SHARE AND PERFORMANCE SHARE AWARDS
The Board of Directors awarded the following free shares and performance shares in 2018:
07/2018 plan 16/05/2018 04/07/2018 06/09/2018
09/2018 plan 16/05/2018
Date of AGM
Date of award (Board of Directors meeting)
06/09/2018
Number of free shares or performance shares awarded
45,000
6,000
Number of beneficiaries
54
1
Vesting date
31/07/2021 31/07/2021
31/07/2021 31/07/2021
End of lock-up period
Number of free shares or performance shares vested Number of free shares or performance shares not yet vested
0
0
43,750
6,000
The table below provides a summary of the free share and performance share plans put in place by the Group.
07/2016 plan (T1)
07/2017 plan 07/2017 plan 07/2017 plan (NT2) 07/2017 plan (T3)
09/2017 plan
Date of AGM
24/05/2016 24/05/2016 24/05/2017
24/05/2016 24/05/2016 16/05/2017
Date of award (Board of Directors meeting)
04/07/2016 26/07/2017 26/07/2017
26/07/2017 26/07/2017 07/09/2017
Number of free shares or performance shares awarded
68,250
1,000
3,000
91,800
66,750
10,500
Number of beneficiaries
89
1
1
89
89
13
Vesting date
30/04/2020 26/07/2019 30/04/2020 30/04/2020 26/07/2019 30/04/2020
30/04/2020 30/04/2020 30/04/2020 30/04/2020 30/04/2020 30/04/2020
End of lock-up period
Number of free shares or performance shares vested Number of free shares or performance shares not yet vested
0
0
0
0
0
0
58,000
1,000
3,000
78,880
56,750
9,000
6.2.7 TREASURY SHARE TRANSACTIONS CARRIED OUT BY THE COMPANY IN 2018 (ARTICLE L. 225-211 OF THE FRENCH COMMERCIAL CODE) In the seventeenth resolution of the 16 May 2018 Annual General Meeting, the shareholders granted the Board of Directors an authorisation to carry out a share buyback programme.
A document describing the share buyback programme was filed electronically with the AMF and published electronically by Hugin InPublic (an AMF-approved electronic publisher). The shares bought back under the programme may not represent over 10% of the Company’s capital and the maximum per-share purchase price set by the Company’s shareholders was €35 (excluding costs). The overall ceiling on the programme is €25,000,000. The shares purchased under the buyback programme may be used for the following purposes: ● to maintain the liquidity of the Company’s shares under a liquidity contract entered into with an investment services provider that complies with a Code of Conduct recognised by the AMF; ● to honour obligations associated with stock option and/or free share/ performance share plans, employee savings schemes or other share allotments made to employees and officers of the Company or related companies;
6.2.8
DESCRIPTION OF THE SHARE BUYBACK PROGRAMME (DISCLOSED IN ACCORDANCE WITH ARTICLE 241–2 OF THE AMF’S GENERAL REGULATIONS)
At the 16 May 2018 Annual General Meeting, in compliance with Article L. 225-209 of the French Commercial Code, Assystem’s shareholders granted the Company an eighteen-month authorisation (expiring on 16 November 2019) to buy back its own shares. This authorisation superseded the previous authorisation granted for the same purpose at the Annual General Meeting of 16 May 2017.
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ASSYSTEM
REGISTRATION DOCUMENT 2018
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