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INFORMATION ABOUT THE COMPANY AND ITS SHARE CAPITAL
7
INFORMATION ABOUT THE SHARE CAPITAL
7.2.12
LIQUIDITY CONTRACT
The liquidity contract entered into with Oddo on 1 December 2007
expired on 1 December 2016.
Assystem entered into a new 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
new liquidity contract was set up:
●
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.
At 31 December 2016, the liquidity account held the following assets:
●
22,394 shares;
●
€939,719.13 in cash.
7.2.13
ASSYSTEM SHARES HELD BY THE
COMPANY (OUTSIDE THE SCOPE
OF THE LIQUIDITY CONTRACT)
On 11 February 2016, the Company appointed Exane BNP Paribas
to acquire by 15 September 2016 on Euronext Paris, in successive
purchases, either on the open market or in block trades, a maximum of
300,000 Assystem shares at a maximum price per share equal to the
lower of the following amounts:
●
€24 (twenty-four euros);
●
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.
On 9 May 2016, the maximum number of Assystem shares that could
be purchased was increased to 500,000.
During 2016, Exane BNP Paribas purchased 423,020 shares within
the scope of this mandate.
7.2.14
CHANGES IN SHARE CAPITAL
OVER THE LAST THREE YEARS
The table below presents the changes in Assystem’s share capital over
the last three years, showing:
●
the governance body that took the decision concerned and the date
the relevant meeting of that body was held;
●
the type of transaction;
●
the exact amount of the capital increase or reduction (in euros);
●
the issue premium;
●
the number of shares issued/cancelled; and
●
the new amount of the share capital.
ASSYSTEM
REGISTRATION DOCUMENT
2016
159