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REPORTS OF THE BOARD OF DIRECTORS
8
SPECIAL REPORT ON STOCK OPTIONS
8.3.3
FREE SHARE AND PERFORMANCE SHARE
AWARDS DECIDED BY THE COMPANY’S
BOARD OF DIRECTORS
In the year ended 31 December 2014
The Board of Directors, using the authorisation granted by the
Extraordinary General Meeting of 22 May 2014, in its 25
th
resolution:
●
awarded 500 free shares to salaried employees of Group companies
in France at its meeting on 22 May 2014
(1)
;
●
awarded 1,500 free shares to salaried employees of Group
companies in France at its meeting on 7 July 2014
(1)
.
The vesting periods under the performance share plans concerned will
end on 24 March, 12 May, 22 May and 7 July 2016 respectively
and the applicable lock-up periods will end on 24 March, 12 May,
22 May and 7 July 2018.
In the year ended 31 December 2015
The Board of Directors, using the authorisation granted by the
Extraordinary General Meeting of 22 May 2014 in its 25
th
resolution,
awarded 2,500 free shares to an employee of a Spanish subsidiary
of the Assystem Group at its meeting on 29 April 2015
(1)
.
The vesting period for this free share plan will end on 29 April 2017
and the lock-up period will end on 29 April 2019.
8.3.4
FREE SHARES AND PERFORMANCE
SHARES AWARDED BY RELATED
COMPANIES AS DEFINED IN
ARTICLE L. 225-197-2 OF THE FRENCH
COMMERCIAL CODE DURING THE YEAR
ENDED 31 DECEMBER 2015
None.
8.3.5
FREE SHARES AND PERFORMANCE
SHARES AWARDED BY CONTROLLED
COMPANIES AS DEFINED UNDER
ARTICLE L. 233-16 OF THE FRENCH
COMMERCIAL CODE
None.
(1) These free shares will only vest if the beneficiary still forms part of the Group at the vesting date.
8.4
SPECIAL REPORT ON STOCK OPTIONS
None.
Paris, 9 March 2016
Dominique Louis
Chairman and Chief Executive Officer
186
ASSYSTEM
FINANCIAL REPORT
2015