WORLDLINE_REGISTRATION_DOCUMENT_2017
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Appendix Definitions
Market terms
Dilutive instruments: Financial instruments such as bonds, warrants, stock subscription options, free shares, which could be converted into shares and have therefore a potential dilutive impact on common stock. Dividends: Cash or stock payments from a company’s profits that are distributed to stockholders. Enterprise Value (EV): Market capitalization + debt. Free float: Free float is the proportion of a company’s share capital that is regularly traded on the stock exchange. It excludes shares in the six categories listed below (source Euronext): shares held by Group companies: Shares of the listed ● company held by companies that it controls within the meaning of article 233/3 of the French Commercial Code; shares held by founders: shares held directly or indirectly by ● the founders (individuals or family group) when these founders have managerial or supervisory influence (management positions, control by voting rights, influence that is a matter of public knowledge, etc.); shares held by the State: Interests held directly by the State, ● or by public sector or other companies which are themselves controlled by the State; shares within the scope of a shareholders’ agreement: ● Shares subject to a shareholders’ agreement within the meaning of article 233/10 and 11 of the French Commercial Code, and other than those held by founders or the State;
controlling interest: Shares held by juridical persons (other ● than founders or the State) exercising control within the meaning of article 233/3 of the French Commercial Code; interests considered stable: Interests exceeding 5%, which ● have not declined by one percentage point or more, excluding the impact of dilution, in the three preceding years. This category also includes shareholders that, in addition to or in association with the link represented by share ownership, have recently entered into significant industrial or strategic agreements with the Group. Market capitalization: The share price of a company multiplied by the number of its shares in issue. PER (Price Earnings Ratio): Market capitalization divided by net income for a trailing (or forward) 12-month period.
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Worldline 2017 Registration Document
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