PERNOD RICARD - 2018-2019 Universal registration document
2. CORPORATE GOVERNANCE Financial authorisations and delegations
Specific authorisations and delegations in favour of employees 2.9.2 and/or Executive Directors
Use of existing authorisations during the financial year ended 30.06.2019 Features/terms
Date of the delegation or authorisation (resolution)
Nature of the delegation or authorisation
Expiry of the delegation or authorisation
Maximumamount authorised 1.5% of the share capital on the date of Board of Directors’ decision to allocate 1.5% of the share capital on the date of Board of Directors’ decision to allocate
Term
Performance-based shares
AGM of 06.11.2015 (22 nd )
38 months
05.01.2019
341,313 (0.13% of share capital)
Independent limit (sub-limit for Executive Directors of 0.06% of the capital, which is deducted from the limit of 1.5%) Independent limit (sub-limit for Executive Directors of 0.21% of the capital, which is deducted from the limit of 1.5%) Will be deducted from the limits set for capital increases in the 14 th and 15 th resolutions of the AGM of 09.11.2017 Will be deducted from the limits set for capital increases in the 14 th and 15 th resolutions of the AGM of 09.11.2017
Stock-options
AGM of 06.11.2015 (23 rd )
38 months
05.01.2019
109,492 (0.04% of share capital)
Shares or securities granting access to share capital, reserved for a members of employee saving plans Shares or securities granting access to share capital, reserved for a certain categories of beneficiaries
AGM of 21.11.2018 (13 th )
Expiry date of the 15 th resolution of the AGM of 09.11.2017
08.01.2020
2% of the share capital on the date of the Shareholders’ Meeting
None
AGM of 21.11.2018 (14 th )
Expiry date of the 15 th resolution of the AGM of 09.11.2017
08.01.2020
2% of the share capital on the date of the Shareholders’ Meeting, shared with the 13 th resolution of the Shareholders’ Meeting of 21.11.2018
None
Authorisations relating to the share buyback programme 2.9.3
Use of existing authorisations during the financial year ended 30.06.2019 Features/Terms
Date of authorisation (resolution)
Expiry of the authorisation
Maximumamount authorised
Type of securities
Term
Share buyback
AGM of 21.11.2018 (12 th )
18 months
20.05.2020
(10% of share capital) (1)
Maximum purchase price: €240 Maximum purchase price: €200
Share buyback
AGM of 09.11.2017 (12 th )
18 months
08.05.2019
(10% of share capital) (1)
Cancellation of treasury shares
AGM of 09.11.2017 (13 th )
26 months
08.01.2020
(10% of share capital) None
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A summary of Company transactions carried out during FY19 as part of the share buyback programme is shown below in the paragraph on the “Share buyback programme”. (1)
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2018-2019
PERNOD RICARD UNIVERSAL REGISTRATIONDOCUMENT
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