Assystem - 2018 Register document

INFORMATION ABOUT THE COMPANY AND ITS SHARE CAPITAL

INFORMATION ABOUT THE COMPANY’S SHARE CAPITAL

● for allocation on exercise of rights attached to securities redeemable, convertible, exchangeable or otherwise exercisable for the Company’s shares; ● to be held and subsequently used in exchange or as payment in connection with external growth transactions;

provided that in such a case the Company notifies its shareholders by way of a press release. In the event of a corporate action, such as the capitalisation of reserves and a bonus share allotment, a stock split or reverse stock split, the prices indicated above will be adjusted accordingly. If the Company buys back its own shares without subsequently cancelling them, this may have an impact on its taxable earnings if the shares are then sold or transferred at a different price than their purchase price.

● for subsequent cancellation; or

● more generally, for any purpose authorised by law or any market practice that may be permitted by the market authorities in the future,

6.2.9

USE OF SHARE BUYBACK PROGRAMMES IN 2018

The table below provides a summary of Assystem’s use of its share buyback programmes during 2018:

Treasury shares held at 31/12/2017

509,153

Number of shares used per end-purpose Liquidity contracts and share buyback mandate: • Shares purchased under the liquidity contract • Shares purchased under the share buyback mandate

73,749 155,335 67,401

• Shares sold under the liquidity contract • Shares cancelled during the year

0

Shares sold outside the scope of the liquidity contract Shares allocated to employees or officers: • Shares delivered under free share/performance share plans Shares used for external growth transactions: • Shares used as payment in connection with external growth transactions Shares cancelled: • Shares cancelled during the year

3,500

0

• Shares cancelled during the past 24 months Treasury shares held at 31 December 2018

550,000 667,336

Value of shares held at 31 December 2018 at the average purchase price

18,471,860.48

Additional information (in euros): • Average purchase price

27.68 28.64

• Average sale price • Transaction costs

6

211,710

6.2.10 LIQUIDITY CONTRACT Assystem has signed a liquidity contract with Kepler Cheuvreux covering its ordinary shares and effective from 1 December 2016 for an automatically-renewable one-year term. This contract complies with the AMAFI Code of Conduct which was approved by the AMF on 21 March 2011. The following assets were allocated to the liquidity account when the liquidity contract was set up:

At 31 December 2018, the liquidity account held the following assets:

21,953 shares;

●

● €398,095.21 in cash.

6.2.11 ASSYSTEM SHARES HELD BY THE COMPANY (OUTSIDE THE SCOPE OF THE LIQUIDITY CONTRACT) On 22 December 2017, the Company appointed Exane BNP Paribas to acquire by 31 December 2018 on Euronext Paris, in successive purchases, either on the open market or in block trades, up to 350,000 Assystem shares at a maximum price per share equal to the lower of the following amounts: ● the higher of either the last quoted share price or the best offer price posted in the central order book when the trade is executed. During 2018, Exane BNP Paribas purchased 155,335 shares within the scope of this mandate for a total of €4,257,316.80 ● €29 (twenty-nine euros);

● 22,970 Assystem shares; ● €923,444.41 in cash.

The shares purchased under the liquidity contract are used to maintain the liquidity of the Company’s shares and to enable the Company to implement and honour its obligations under stock option and/or free share/performance share plans as well as other share allotments made to employees and officers of the Group.

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ASSYSTEM

REGISTRATION DOCUMENT 2018