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FINANCIAL INFORMATION
4.2 Consolidated financial statements
4
194
Registration Document 2016 — Capgemini
(344,392 BSAAR warrants were exercised in 2016). The remaining
resulting in delivery of the same number of shares
the BSAAR warrants, 2,990,760 BSAAR warrants were exercised
on the Euronext Paris market and July 23, 2016, the expiry date of
Between the date of admission of the BSAAR warrants to trading
market.
8,240 BSARR warrants were delisted from the Euronext Paris
This program expired at the end of July 2016.
International Employee Share Ownership Plan –
E)
ESOP 2012
€153 million net of issue costs. The total cost of this employee
with a par value of €8, representing a share capital increase of
the Group issued 6,000,000 new shares reserved for employees
(ESOP 2012) in the second half of 2012. On September 27, 2012,
The Group set up an employee share ownership plan
or relevant.
(
fonds commun de placement entreprise, FCPE
) was not possible
countries where the set-up of an Employee Savings Mutual Fund
Stock Appreciation Rights (SAR) mechanism for employees in
share ownership plan in 2012 was €0.8 million, attributable to the
ESOP 2014
International Employee Share Ownership Plan –
F)
the Group issued 5,000,000 new shares reserved for employees
(ESOP 2014) in the second half of 2014. On December 18, 2014,
The Group set up an employee share ownership plan
(
fonds commun de placement entreprise, FCPE
) was not possible
countries where the set-up of an Employee Savings Mutual Fund
Stock Appreciation Rights (SAR) mechanism for employees in
share ownership plan in 2014 was €1.1 million, attributable to the
€229 million net of issue costs. The total cost of this employee
with a par value of €8, representing a share capital increase of
or relevant.
ownership plans
Impact of incentive instruments and employee share
The following table breaks down by type of incentive and
amortized in future periods.
and employer contributions) and the residual amount to be
“Other operating income and expense” (including payroll taxes
employee share ownership instrument, the expense recognized in
in millions of euros
Note
2015
2016
the period
Expense of
future periods
amortized in
amount to be
Residual
the period
Expense of
amortized in
amount to be
Residual
periods
future
Performance share plans
40
99
55
153
Other
2
1
3
8
TOTAL
7
42
100
58
161
Employee incentive instruments - IGATE
G)
The main features of this plan are set out in the table below:
2015 Plan
Vesting period
condition
three years for the internal
the market condition and
One, two or three years for
subject to performance and presence conditions
Number of units at December 31, 2015 that may vest under the plan in respect of units previously granted
114,073
Number of units subject to performance and presence conditions granted during the year
-
Number of units forfeited or cancelled during the year
13,118
Number of units vested during the year
15,400
subject to performance and presence conditions
Number of units at December 31, 2016 that may vest under the plan in respect of units previously granted
85,555
Main market conditions at the grant date
Risk-free interest rate
■
0.35%
Expected dividend rate
■
1.60%
Fair value in euros (per unit)
€56.30