Assystem - 2015 Registration Document

FINANCIAL STATEMENTS

CONSOLIDATED FINANCIAL STATEMENTS

SHARE CAPITAL, SHARES AND ODIRNANE BONDS

NOTE 17

Shares

Ordinary shares 2015

2014

Number of shares Beginning of year

22,154,831

19,326,066 2,828,765 (388,117)

Exercise of BSAAR stock warrants

63,385

Treasury shares YEAR-END

(680,149)

21,538,067 21,766,714

Number of shares issued and fully paid up

22,218,216

22,154,831

Par value (in euros per share)

1.00

1.00

Stock warrants (BSAAR) There were 170,698 BSAAR 2015 stock warrants outstanding at 31 December 2014, exercisable at a price of €11.10 per warrant on the basis of one share for one warrant. During 2015: ● 63,385 warrants were exercised for newly-issued shares; ● 105,057 warrants were exercised for existing shares. The expiry date for the exercise of the BSAAR stock warrants was 9 July 2015.

At 31 December 2015, Assystem SA’s shares broke down as follows: ● number of shares with single voting rights: 21,970,104; ● number of shares with double voting rights: 248,112. Each share gives its holder the same rights to dividend payments.

The maximum potential number of shares at 31 December 2015 that could be issued on conversion of instruments carrying rights to Assystem’s capital, as a result of the holders exercising those rights, is summarised in the table below:

Potential maximum number of shares

Number of shares issued and fully paid up

ORNANE BONDS ( * ) 1,259,555

ODIRNANE BONDS ( ** ) 5,602,240

TOTAL SHARES

TOTAL SHARES

22,218,216 29,080,011 (*) As mentioned in the diluted earnings per share section of Note 3 – Basis of preparation and summary of accounting policies), the maximum dilution assumption used at 31 December 2015 corresponds to the redemption at par in shares of the 1,234,858 issued and outstanding Ornane bonds at the year-end based on a conversion ratio of 1.02 shares for one bond. (**) As mentioned in the diluted earnings per share section of Note 3 – Basis of preparation and summary of accounting policies), the maximum dilution assumption used at 31 December 2015 corresponds to the redemption at par in shares of the 5,602,240 issued and outstanding Odirnane bonds at the year-end based on a conversion ratio of one share for one bond.

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ASSYSTEM

FINANCIAL REPORT 2015