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FINANCIAL INFORMATION
4.4 2016 Financial statements
4
243
Registration Document 2016 — Capgemini
2016 International Plans
Maximum number of shares that may be granted
1,721,815 shares
1,721,815 shares
% of share capital at the date of the Board of Directors’ decision
1%
1%
Total number of shares granted
(5)
180,500
(1)
1,663,500
Date of Board of Directors’ decision
February 17, 2016
July 26, 2016
Performance assessment dates
Presence condition only
Three years for the
two performance conditions
Vesting period
(other countries)
2 years as from the grant date (France)
or 4 years as from the grant date
from the grant date (other
countries)
3 years and 1 week as from the
grant date (France) or 4 years as
Mandatory lock-in period effective as from the vesting date
(France only)
2 years
2 years
Main market conditions at the grant date
Volatility
■
n/a
26.35%
Risk-free interest rate
■
0.15% -0.03%
0.2% -0.17%
Expected dividend rate
■
1.60%
1.60%
Other conditions
Performance conditions
■
Yes (see below)
Yes (see below)
Employee presence within the Group at the vesting date
■
Yes
Yes
Pricing model used to calculate the fair value of shares
with external (market) conditions
Monte Carlo for performance shares
Range of fair values (in euros)
Free shares (per share and in euros)
■
n/a
n/a
Performance shares (per share and in euros)
■
55.45 -57.59
54.02 -77.1
Of which corporate officers
-
52.68
Number of shares at December 31, 2015
that may vest under the plan in respect of shares previously granted,
subject to conditions (performance and presence)
o/w to corporate officers
-
-
Change during the period
Number of shares subject to performance and/or presence conditions
granted during the year
180,500
1,663,500
o/w to corporate officers
-
(1)
42,000
Number of shares forfeited or canceled during the year
6,600
10,900
Number of shares vested during the year
Number of shares at December 31, 2016
(performance and presence)
that may vest under the plan in respect
of shares previously granted, subject to conditions
(6)
173,900
(7)
1,652,600
Diluted weighted average number of shares
155,050
689,492
Share price at the grant date (in euros)
71.61
83.78
Grant subject to performance conditions only.
(1)
In respect of the “foreign” plan only.
(2)
Balance on the “French” plan granted in August 2016 subject to performance and presence conditions at this date.
(3)
Of which 354,750 shares in respect of the French plan and 688,200 shares in respect of the foreign plan.
(4)
Grant subject to presence conditions only for beneficiaries employed by IGATE, acquired on July 1, 2015.
(5)
Of which 7,500 shares in respect of the French plan and 166,400 shares in respect of the foreign plan.
(6)
Of which 453,350 shares in respect of the French plan and 1,199,250 shares in respect of the foreign plan.
(7)