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INFORMATION ABOUT THE COMPANY AND SHARE CAPITAL
7
INFORMATION ON THE SHARE CAPITAL
Potential share capital
Potential share capital comprises stock warrants, performance shares, Ornane and Odirnane bonds.
7.2.5
STOCK WARRANTS
Following the notice of 5 June 2015, Euronext Paris informed that the 2,256 stock warrants issued by the Company (ISIN code FR0010630590),
maturing on 9 July 2015 and which had not been exercised, had been removed from the Euronext Paris market.
ABSAAR 2015 *
ISIN code
FR 0010630590
Listed on
Euronext Paris
Issue date
9 July 2008 (exercisable from 12 July 2010 to 9 July 2015)
Number of warrants at issue
3,250,000
ISIN code
FR0010630590
Number of shares per warrant
1
Strike price
€11.10
Start of forced exercise period
09/07/2013
Forced exercise price
€15.54
Expiry date
09/07/2015
Maximum capital increase at issue
€36.1 M
Number of warrants outstanding at 09/07/2015
2,256
Price at 31 December 2014
€6
* The BSAAR 2015 stock warrants were created following the issue by Assystem between 24 and 30 June 2008 of debt with a nominal amount of €65,000,000 represented by 130,000
OBSAAR (bonds with stock warrants attached) to which said warrants were attached. (see the prospectus approved by the AMF under number 08–128 on 13 June 2008).
7.2.6
ORNANE BONDS (BONDS REDEEMABLE IN CASH AND/OR IN NEW OR EXISTING SHARES)
On 6 July 2011, the Company issued 4,181,818 bonds redeemable in cash and/or in new or existing shares (Ornane) with the following features:
Ticker
ISIN code
Issue date
Maturity
Strike ratio
Issue price
Number of Ornane
bonds
ASSYSTORN4%JAN17
FR0011073006 06/07/2011 01/01/2017
1 Ornane
for 1 share
€22.00
4,181,818
●
total nominal amount: €91,999,996;
●
coupon: annual nominal rate of 4% payable in arrears on 1st January
each year, i.e. €0.88 per Ornane per year;
●
fully redeemable at maturity at par. The redemption procedures and
the potential dilutive impact are detailed in the management report
and in the notes to the consolidated financial statements;
●
share allotment entitlement: bondholders are entitled to allotments
of new and/or existing shares under the conditions set out in the
Securities Note approved by the AMF on 28 June 2011 under
no. 11–268.
Holders of Ornane bonds were informed by Euronext notice on 17 July
2015 that following the payment on 24 June 2015 of the ordinary
dividend of €0.75 per share to Company shareholders, the new
conversion rate from 24 June 2015 went from 1 to 1.02 Assystem
shares for 1 Ornane.
As at 31 December 2015, a total of 1,234,858 Ornane 2017 bonds
remained outstanding.
For further information see Notes 2.4.4.5, 18 and 35 to the consolidated
financial statements in Chapter 6.1 of this Registration Document.
165
ASSYSTEM
FINANCIAL REPORT
2015